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Encyclopedia > ICA Maxi
Corporate logo of ICA. Usage of these images is restricted. Trademarks on this page belong to their owner. See

ICA (Inköps-Centralen Aktiebolag) is a Swedish corporate group in the retail business. The company was started in 1938, based on a business model which was introduced by Hakonbolagen since 1917. The company was owned by the participating retailers until 2000 when half of the company was sold to the Dutch retailer Royal Ahold. Royal Ahold is however prevented by contractual obligation not to exercise majority control over ICA even if it later should acquire a majority of the shares. Most of its operations are based in Scandinavia, and the company is the largest retail company in the Nordic countries.

Contents

Sweden

In Sweden, ICA Sverige AB operates 1,668 retail stores as of 2003. The stores have different profiles, depending on location, range of products and size:

  • ICA Nära ("ICA Near-by") — Convenience-type stores for daily retail needs.
  • ICA Supermarket — Mid-size supermarkets, located near where customers dwell or work carrying a wide range of products.
  • ICA Kvantum — Stores for large, planned, purchases. Large spaces allocated for traffic and parking. Typically located outside of the cities.
  • MAXI ICA Stormarknad — Stores with very large range, meant for large family purchases.

Each store is owned and operated separately, but operations are coordinated within the group.


During 2003, ICA Sverige AB had a turnover of 78 billion SEK (including VAT).


Norway

ICA Norge AS runs 1,028 stores in Norway as of 2003. Turnover for the same year was 23 billion NOK (excluding VAT).


Statoil retail stores

Statoil and ICA jointly operate approximately 1300 retail stores at gas stations in Scandinavia.


External links

  • Official Swedish web site (http://www.ica.se/)

  Results from FactBites:
 
BIGpedia - ICA AB - Encyclopedia and Dictionary Online (264 words)
ICA AB Inköps-Centralen Aktiebolag) is a Swedish corporate group in the retail business.
MAXI ICA Stormarknad — Stores with very large range, meant for large family purchases.
Statoil and ICA jointly operate approximately 1300 retail stores at gas stations in Scandinavia.
ICA drops Ahold name (591 words)
ICA claimed that the decision to rebrand its business was not related to Ahold's current financial troubles – the company is reeling from the impact of widespread fraud – but was meant to “sharpen the clarity of ICA's profile in the market”.
In a statement, ICA said that the Nordic food retail industry was in a state of powerful change, with increased competition from both established players and new entrants, as well as from restaurants, convenience stores and fast-food chains.
ICA is present in six countries - Sweden, Norway, Denmark, Estonia, Latvia and Lithuania – and operates under the ICA and RIMI fascias in the food retail sector, ICA Menyföretagen in foodservice, ICA Banken in financial services, Etos in the pharmacy sector and Statoil Detaljhandel in the service station sector.
  More results at FactBites »

 
 

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