News

Kesko's comparable sales continued to grow in June

Kesko Group's sales totalled €1,073.7 million in June 2021, representing an increase of 10.4% in comparable terms on the previous year.

14.07.2021 08:00

K-food stores to install electronic shelf labels – the discarded datastrips could add up to 500 km of plastic to be recycled

Electronic shelf labels will be introduced in all K-Citymarkets and K-Supermarkets this year. The electronic shelf labels will improve efficiency, minimise price errors and save paper. The datastrips that will no longer be needed will be recycled and turned into new plastic products.

05.07.2021 12:51

Decisions have been reached in the codetermination negotiations concerning Kesko’s car trade division

KESKO INVESTOR NEWS 30.6.2021 AT 14.00 Codetermination negotiations were initiated in Kesko’s car trade division in May. The objective was to increase operational efficiency, profitability, and sales. The negotiations concerned the whole personnel of Kesko’s car trade business, some 1,360 people in total. As a result of the negotiations, 130 positions will be terminated at this stage.

30.06.2021 14:00

K Group strengthens its market-leading position in Finnish online grocery by investing tens of millions of euros in collection automation – builds the first partially-automated collection system

K Group is investing tens of millions of euros in upcoming years in automating the collection of online grocery orders. The objective is to improve customer experience further while ensuring more efficient processes and an even stronger market-leading position. The first partially-automated collection system in a grocery store in Finland will be located in the Helsinki metropolitan area, where online grocery sales volumes are now at a level that enables more extensive utilisation of automation.

22.06.2021 08:45

Investing €120 million in store network this year – K Group revamps its grocery stores based on tailored store-specific business ideas

K Group is investing heavily in updating its stores: in 2021, investments in the store network will total €120 million. In grocery stores, the investment focus is on tailored store-specific business ideas that complement the competitive advantages of the store chains. The latest store to undergo an overhaul is K-Citymarket Tammisto in Vantaa. Each store update sets the bar higher, with K Group’s grocery stores constantly introducing exciting innovations to the Finnish retail scene.

18.06.2021 12:36

Kesko’s comparable sales grew in May

Kesko Group's sales totalled €1,002.6 million in May 2021, representing an increase of 14.5% in comparable terms on the previous year.

14.06.2021 19:30

K Group increases the use of Finnish wind power substantially – share of K Group’s electricity purchases to rise to 20%

K Group is increasing its purchases of Finnish wind power. K Group has signed an agreement to purchase annually some 50 GWh of electricity generated in a wind farm to be built in Northern Ostrobothnia, starting in 2023.

04.06.2021 09:00

Supporting Finnish food producers important to Finnish consumers – more than €5 million raised with the ‘Thank the Producer' model

In 2016, K Group launched its ‘Thank the Producer’ operating model, in which consumers in K Group grocery stores can choose to buy products that pay an additional sum to their Finnish producers. The total sum has since risen to nearly €5.5 million.

21.05.2021 09:04

Kesko’s comparable sales grew in April

Kesko Group's sales totalled €969.1 million in April 2021, representing an increase of 11.7% in comparable terms on the previous year.

17.05.2021 08:00

Food waste in K-food stores down by a record 9% in 2020

The reduction in food waste generated in K-food stores last year was attributable to various factors: demand grew during the pandemic, while K Group also took active measures and K-retailers came up with innovative solutions to minimise food waste. There is also an increasing number of products that utilise waste food, while consumers are growing more and more interested in products close to their sell-by date and sold at reduced prices.

11.05.2021 09:33