Axfood AB () is a
Swedish
Swedish or ' may refer to:
Anything from or related to Sweden, a country in Northern Europe. Or, specifically:
* Swedish language, a North Germanic language spoken primarily in Sweden and Finland
** Swedish alphabet, the official alphabet used by ...
company that operates in Sweden. It was formed in May 2000 through a merger between the Swedish
grocery store
A grocery store ( AE), grocery shop ( BE) or simply grocery is a store that primarily retails a general range of food products, which may be fresh or packaged. In everyday U.S. usage, however, "grocery store" is a synonym for supermarket, a ...
chains Hemköp, D&D Dagligvaror, Spar Sverige, and Spar Inn Snabbgross.
The Group's retail operations are conducted through the Willys, Hemköp, and Axfood Snabbgross chains, comprising 300 group-owned stores in all. In addition, Axfood collaborates with a large number of proprietor-run stores that are tied to Axfood through agreements. These include stores within the Hemköp chain as well as stores run under the Handlar'n, Direkten and Tempo profiles. In all, Axfood collaborates with some 840 proprietor-run stores.
Wholesale business is conducted via Dagab and Axfood Närlivs. Axfood is listed on Nasdaq OMX Stockholm AB's Large Cap list.
Axel Johnson AB
The Axel Johnson Group is a Swedish family-owned company run by the fourth and fifth generation of family owners. It traces its origins to the trading company A. Johnson & Co, founded in 1873. The group consists of four legally and financially in ...
is the principal owner with 50.1 percent of the shares.
Axfood's private labels consist of Willys, Hemköp, Axfood Snabbgross, Garant, Eldorado (discount food brand), Såklart (body care, laundry and cleaning), Prime patrol (meat), Minstingen (baby products), Falkenberg Seafood (seafood products) and Fixa (kitchen supplies).
Axfood is a member of the
European Marketing Distribution European Marketing Distribution (EMD) is a European purchasing organization for grocery stores. EMD was established in 1989 and is based in Switzerland.
EMD is currently active in 20 countries with 55,000 points of sale. It has 13 members and has a ...
, a European purchasing organization for grocery stores, and United Nordic.
History
1958 The grocer “Spik-Olle” opened the first Hemköp store.
1975 Willys’ predecessor, LL:s Livs started.
1986 Willy Schlees opened his first discount grocery store in Kungsbacka.
2000 Axfood was formed through the combination of Hemköpskedjan, Dagab and D-gruppen.
2008 The private label Garant was launched.
2014 Part owner of Urban Deli.
2016 Acquisition of Eurocash, 51%.
2017 Axfood acquired Mat.se and Middagsfrid.
Market shares and competitors
Axfood is Sweden’s second largest food retailer and has a 20% market share in Sweden.
The company's main competitors include
ICA,
Coop Forum
Coop Forum is a Swedish hypermarket
A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide ran ...
, , and
Lidl
Lidl Stiftung & Co. KG (; ) is a German international discount retailer chain that operates over 11,000 stores across Europe and the United States. Headquartered in Neckarsulm, Baden-Württemberg, the company belongs to the Schwarz Group, whi ...
.
Sustainability and CSR
Axfood's sustainability and CSR work is based on its Code of Conduct. The company has numerous sustainability goals. The six central work areas are sustainable products, climate and energy, employees, transports, responsible suppliers, and corporate social responsibility and influence.
Axfood publishes a sustainability report every year. It includes information about the Group’s work towards achieving leadership in sustainable development, including targets, activities, and results.
See also
*
List of Swedish companies
Sweden is a Scandinavian country in Northern Europe and the third-largest country in the European Union by area. It is also a member of the United Nations, the Nordic Council, Council of Europe, the World Trade Organization and the Organisation f ...
References
External links
Axfood- Official site
Companies listed on Nasdaq Stockholm
2000 establishments in Sweden
Retail companies established in 2000
Food retailers of Europe
Food and drink companies based in Stockholm
Retail companies of Sweden
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