M-Market is a Finnish
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 ...
chain. The chain was founded by independent
retailer
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and t ...
s in 2006, which was created as a result of cooperation between retailers who opposed the sale of
Spar Finland to
SOK and resigned from the chain.
The M-chain's grocery sales (incl.
consumer good
A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike a intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good, but t ...
s) were approximately EUR 98 million in 2015, when the chain's market share of the Finnish grocery trade was estimated at a total of 0.6%. The M-chain's stores are approximately 200–2,500 m2 in size.
The first M-Market stores opened their doors at the beginning of 2006, when 16 stores joined the chain. At the beginning of 2007, the chain already had 50 stores. When the Siwa chain's stores were sold in 2017, 14 new stores were added to the M chain. Today, the chain has about 60 stores.
Myymälät
– M-Ketju
References
External links
M-Ketju
– Official Site
Cooperatives in Finland
Supermarkets of Finland
Retail companies of Finland
{{retail-company-stub