Axfood
Swedish company / From Wikipedia, the free encyclopedia
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Axfood AB (Nasdaq Stockholm: AXFO) is a Swedish company that operates in Sweden. It was formed in May 2000 through a merger between the Swedish grocery store chains Hemköp, D&D Dagligvaror, Spar Sverige, and Spar Inn Snabbgross.
Company type | Public Aktiebolag |
---|---|
Nasdaq Stockholm: AXFO | |
Industry | Retail |
Founded | 2000 (2000) |
Headquarters | Stockholm, Sweden |
Number of locations | 1,137 stores, of which 274 are Group-owned |
Area served | Sweden |
Key people | Klas Balkow (CEO) |
Revenue | €4.6 billion (2017) |
Owner | Axel Johnson AB (51%) |
Number of employees | 9,903 (2017) |
Website | www |
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 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, a European purchasing organization for grocery stores, and United Nordic.