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S Group
The S Group ( fi, S-ryhmä, sv, S-gruppen) is a Finnish retailing cooperative organisation with its head office in Helsinki. Founded in 1904, it consists of 20 regional cooperatives operating all around Finland in addition to SOK, ''Suomen Osuuskauppojen Keskuskunta'' (The Central Finnish Cooperative Society). S Group operates in the markets for groceries, consumer durables, service station, hotel and restaurant services. It is engaged in close competition with Kesko, with which it shares an oligopolistic position in many of the markets it operates in. The group has businesses in Finland, Estonia, and Russia. The S Group also had businesses in Latvia and Lithuania, but announced withdrawal from these markets in May 2017. The organisation's member (loyalty) card is called ''S-Etukortti''. Ownership A client can invest a small sum on the local co-operative and become a client-owner. (The exact sum is decided by the local co-operative board and varies significantly dependin ...
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Cooperative
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".Statement on the Cooperative Identity.
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Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: * businesses owned and managed by the people who consume th ...
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Oligopoly
An oligopoly (from Greek ὀλίγος, ''oligos'' "few" and πωλεῖν, ''polein'' "to sell") is a market structure in which a market or industry is dominated by a small number of large sellers or producers. Oligopolies often result from the desire to maximize profits, which can lead to collusion between companies. This reduces competition, increases prices for consumers, and lowers wages for employees. Many industries have been cited as oligopolistic, including civil aviation, electricity providers, the telecommunications sector, Rail freight markets, food processing, funeral services, sugar refining, beer making, pulp and paper making, and automobile manufacturing. Most countries have laws outlawing anti-competitive behavior. EU competition law prohibits anti-competitive practices such as price-fixing and manipulating market supply and trade among competitors. In the US, the United States Department of Justice Antitrust Division and the Federal Trade Commission are ...
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Prisma (chain Store)
Prisma is a Finnish chain of hypermarkets belonging to S Group. In Finland there are currently 71 stores in 51 different cities. The first Prisma store opened in Jyväskylä in 1972. In addition to food and groceries, Prisma's selection includes a wide collection of clothing, sporting goods, books, toys, entertainment and home accessories. Prisma's main competitor in Finland is Kesko's ''K-Citymarket'' chain. Prisma also has 14 hypermarkets in and around 5 cities in Estonia. The chain has also had stores in Latvia and Lithuania, but they were closed in 2017. On March 4th 2022, Prisma's owner, the S-Group, announced the closure of all Russian operations. History In the past, the S Group's hypermarkets differed a lot from each other, as the cooperatives were allowed to choose their own concept. The names Sokos-market and Prisma, among others, were used. The S Group's first hypermarket, at the time called Sokos Market, was founded in 1971 along Tampereentie in Turku, but the follow ...
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Klaukkala
Klaukkala (; sv, Klövskog , ) is the southern-most urban area ( fi, taajama) of the Nurmijärvi municipality in Uusimaa, Finland, located near Lake Valkjärvi. It is the largest urban area in Nurmijärvi, and despite the fact that it officially has the status of a village, it's often mistakenly thought to be a separate town due to its size and structure. In the 2010s, Klaukkala's urban area grew to be part of the larger Helsinki urban area. Klaukkala has a population of over 20,000 and is the fastest-growing area of Nurmijärvi; almost half of the total population of the municipality lives in Klaukkala. Its population began to rise in the 1960s, when it surpassed the church village of Nurmijärvi. In the 1970s, Klaukkala also grew larger than Rajamäki, which until then was the largest of Nurmijärvi's villages. At that time, Klaukkala's population was over 2,500. Klaukkala has significant migration mainly from the Helsinki conurbation; being a rural village a half-hour's driv ...
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Greater Helsinki
Greater Helsinki ( fi, Helsingin seutu, Suur-Helsinki, Swedish: ''Helsingforsregionen'', ''Storhelsingfors'') is the metropolitan area surrounding Helsinki, the capital city of Finland. It includes the smaller Capital Region (''Pääkaupunkiseutu'', ''Huvudstadsregionen'') urban area. The smaller Capital Region consists of the central cities of Helsinki, Vantaa, Espoo, and Kauniainen and has a population of approximately million. The Greater Helsinki region is the largest urbanised area in the country with inhabitants and is by far the most important economic, cultural, and scientific region of Finland. Five out of Finland's 14 universitiesThese are Aalto University, the University of Helsinki, the University of the Arts Helsinki, the Hanken School of Economics, and the National Defence University. and most of the headquarters of notable companies and governmental institutions are located in Greater Helsinki, as is Finland's main airline hub and airport, Helsinki Airport, which ...
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Alepa
Alepa is a grocery shop chain in the Greater Helsinki region of Finland. It is currently owned by HOK-Elanto, a part of the nationwide cooperative S Group. Alepa was founded in 1918, when Edvard Pajunen and his wife founded a shop in Sörnäinen, Helsinki. The original name of Alepa was Alennushalli Pajunen (Pajunen's Discount Hall), named after the founder. The Pajunen family sold the chain to HOK in 1987. As of May 2017, the chain includes 112 stores in Helsinki, Espoo, Vantaa, Hyvinkää, Kerava, Klaukkala, Järvenpää and Tuusula Tuusula (; sv, Tusby ) is a municipality of Finland. It belongs to the Helsinki sub-region of the Uusimaa region. The municipality has a population of () and is by far the third largest municipality in Finland after Nurmijärvi and Kirkkonummi t .... Outside of this region, the S Group uses the brand Sale for similar stores. External links * Supermarkets of Finland Retail companies established in 1918 Discount stores {{Supermarket ...
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Sale (chain Store)
Sale () is a grocery shop chain in Finland, owned by the S Group. The chain was founded in 1989, when the S Group had begun to consolidate its stores under national chains. Initially, the chain was called ''S-ale''. Before that, Sales replaced the former small S-stores that were not part of any chain. As of 2019, the chain includes 308 stores in Finland. Sale's stores are typically located in the countryside, small towns and suburbs, however it is not uncommon to see them in larger cities, like Jyväskylä and Kuopio. The stores have a range of 1,700-3,000 products, mainly focused on food and hygiene products. In Greater Helsinki Greater Helsinki ( fi, Helsingin seutu, Suur-Helsinki, Swedish: ''Helsingforsregionen'', ''Storhelsingfors'') is the metropolitan area surrounding Helsinki, the capital city of Finland. It includes the smaller Capital Region (''Pääkaupunkiseutu' ..., the S Group uses the brand Alepa for similar stores. References External links Sale website Supe ...
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Supermarket
A supermarket is a self-service Retail#Types of outlets, shop offering a wide variety of food, Drink, beverages and Household goods, household products, organized into sections. This kind of store is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or Big-box store, big-box market. In everyday United States, U.S. usage, however, "grocery store" is synonymous with supermarket, and is not used to refer to other types of stores that sell groceries. The supermarket typically has places for fresh meat, fresh produce, dairy, Delicatessen, deli items, baked goods, etc. Shelf space is also reserved for canned and packaged goods and for various non-food items such as kitchenware, household cleaners, pharmacy products and pet supplies. Some supermarkets also sell other household products that are consumed regularly, such as alcohol (where permitted), medicine, and clothing, and some sell a much w ...
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Prisma Viikki
PRISMA may refer to: * Preferred Reporting Items for Systematic Reviews and Meta-Analyses, an academic reporting standard * PRISMA (spacecraft) PRISMA (''PRecursore IperSpettrale della Missione Applicativa'', Hyperspectral PRecursor of the Application Mission) is an Italian Space Agency pre-operational and technology demonstrator mission focused on the development and delivery of hypersp ...
, an Italian Space Agency mission {{dab ...
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Loyalty Card
A loyalty program is a marketing strategy designed to encourage customers to continue to shop at or use the services of a business associated with the program. Today, such programs cover most types of commerce, each having varying features and rewards schemes, including in banking, entertainment, hospitality, retailing and travel. The market approach has shifted from product-centric to a customer-centric one due to a highly competitive market and a wide array of services offered to customers, therefore, it's important that marketing strategies prioritize growing a sustainable business and increasing customer satisfaction. A loyalty program typically involves the operator of a particular program set up an account for a customer of a business associated with the scheme, and then issue to the customer a loyalty card (variously called rewards card, points card, advantage card, club card, or some other name) which may be a plastic or paper card, visually similar to a credit card, t ...
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Lithuania
Lithuania (; lt, Lietuva ), officially the Republic of Lithuania ( lt, Lietuvos Respublika, links=no ), is a country in the Baltic region of Europe. It is one of three Baltic states and lies on the eastern shore of the Baltic Sea. Lithuania shares land borders with Latvia to the north, Belarus to the east and south, Poland to the south, and Russia to the southwest. It has a Maritime boundary, maritime border with Sweden to the west on the Baltic Sea. Lithuania covers an area of , with a population of 2.8 million. Its capital and largest city is Vilnius; other major cities are Kaunas and Klaipėda. Lithuanians belong to the ethno-linguistic group of the Balts and speak Lithuanian language, Lithuanian, one of only a few living Baltic languages. For millennia the southeastern shores of the Baltic Sea were inhabited by various Balts, Baltic tribes. In the 1230s, Lithuanian lands were united by Mindaugas, Monarchy of Lithuania, becoming king and founding the Kingdom of Lithuania ...
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