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BRIEF-ICA Gruppen sees Swedish grocery retail market up 2.5-3 pct 2017
May 9, 2017 / 6:23 AM / 7 months ago

BRIEF-ICA Gruppen sees Swedish grocery retail market up 2.5-3 pct 2017

May 9 (Reuters) - ICA Gruppen AB CEO Per Stromberg to Reuters:

* sees swedish grocery retail market up 2.5-3 percent 2017, has confidence in plan to take market share

* the number of ica sweden stores with e-commerce could reach around 250 by year-end versus around 200 currently

* lost some market share in baltics in q1 due new competition from lidl in lithuania and store conversions in estonia, will see an effect from both also the rest of 2017 Further company coverage: (Reporting By Anna Ringstrom)

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