New danish «closing law» creates uncertainty
Opening and closing times are hotly debated in retail – worldwide. We had loud discussions in Norway a few years ago, now it is Denmark's turn.
FOOD is a joint five-year research collaboration between NHH and NorgesGruppen to generate research and new knowledge on the grocery markets, particularly on empirical issues related to market structure, competition and productivity.
Opening and closing times are hotly debated in retail – worldwide. We had loud discussions in Norway a few years ago, now it is Denmark's turn.
With a continued positive customer influx and increased volumes Axfood concludes a fourth quarter and year with strengthened market positions. Through the acquisition of City Gross from Bergendahls, a new and prominent position is taken within the hypermarket segment in Sweden.
It is a trend across Europe, people drink less alcohol and smoke less. The health recommendations from authorities in all countries cracks down on smoking in all forms. Danish Lidl takes the consequences of the trend and phase out all sales of tobacco and nicotine products.
In the coming three years, Dagrofa, owned by NorgesGruppen (57,5%) and KFI (42,5%) will invest big in store openings, modernization of stores and automation. If they succeed the target is to improve bottom line with approximately 200 million DKK.