Knowledge (XXG)

Kesko

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907:(FCCA) approved the acquisition with a condition that Kesko must sell at least 60 of the stores to competitors. All the Siwas and Valintatalos have been rebranded as K-Market stores as of 2017. The total number of stores owned by Suomen Lähikauppa before the acquisition was 643 and it employed 4100 employees. In the same acquisition Kesko also was initially obligated to keep using Tuko Logistics Cooperative as the main supplier for the bought stores for 18 months, but FCCA later revoked this decision on appeal. 896: 881: 465: 612: 1460: 662: 449: 1680: 27: 1474: 399: 367: 335: 303: 265: 95: 741:
oil corporation. These service station facilities are branded as Neste K. The convenience store is virtually always found in Neste K station, while whether the station has a cafe or restaurant depends on the size and location of the station. Cafes are branded as Koon Kahvila and restaurants as Koon
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Formerly Kesko called these four size-grades of their shops K (small), KK (middle-sized), KKK (large), and KKKK (largest), and the chain names were K Extra, K Lähikauppa (= "local shop"), KK Market, KKK Supermarket and KKKK Citymarket; but this naming system has been changed.
658:. In 2021, the chains comprised 1,200 grocery stores, run by some 1,000 independent K-retailers. Over 500 of the stores also offered online grocery sales services. Approximately 50% of Finns live less than a kilometre away from a K-food store. 1168: 1252: 1189: 1081:"Finland for Thought Â» Which Finnish grocery store should I choose? | Politics, current events, culture - in Finland & the United States | Blog of an American living in Finland" 1215: 1292: 767:
The division's main functions include the centralised development of chain selections, centralised purchasing and logistics, and the development of chain concepts and the store network.
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in Finland. Kesko’s own outlets and independent dealers sell new and used cars and offer servicing and aftersales services at 71 locations across Finland. The division's
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In April 2016 Kesko completed the acquisition of a competitor Suomen Lähikauppa's stores. In the deal, Kesko acquired all the Valintatalo and Siwa stores. However the
1080: 1305: 2991: 869:(6.8%), and M chain stores (Nielsen). Kesko later acquired Suomen Lähikauppa in 2016 and the deal increased Kesko's share of the market to about estimated 40%. 1193: 2976: 2506: 1775: 1132: 904: 1146: 1067: 2981: 1858: 598:(equivalent to EUR 580 million in 2010), which was about 12% of the overall sales of the central companies operating in the Finnish trading sector. 1253:"Kesko keskittyy vapaa-ajan kaupassa urheilukauppaan – The Athlete's Foot, Kookenkä ja Kenkäexpertti -liiketoiminnat lopetetaan vuoden 2021 aikana" 1662: 1106: 1384: 1368: 1001: 2971: 37: 1239: 857:
In 2014, Kesko's market share in food trade in Finland was 33.1% (Nielsen). At that point, Kesko's competitors in food trade in 2014 were
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Kesko's building and technical trade division operates in Finland, Sweden, Norway, Estonia, Latvia, Lithuania and Poland. Its chains are
1655: 292: 56: 74: 764:, which serves technical professionals, and K-Rauta, Byggmakker and K-Bygg, which serve both professional builders and consumers. 2986: 1361: 1517: 838:
in their market area and are responsible for the sales and after-sales services of these brands either through their own or
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Konekesko, a service company specialising in the import, marketing and after-sales services of recreational machinery,
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K-Rauta and Intersport stores in Finland are operated by retailer entrepreneurs. The international
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control and network improvements of the company's chains which operate in different countries.
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In 2019 Nielsen report, Kesko's market share in grocery trade was estimated to be 36.5%.
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Kesko has completed the divestment of Indoor Group Oy responsible for Asko and Sotka
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By the end of the 1940s, Kesko's sales amounted to about 15 billion old
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Kesko's grocery trade division is a key operator in the Finnish
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charging facilities at K Group store locations around Finland.
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among them resulted in the forming of the K-retailer group.
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that had been founded by retailers were merged in October
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The division also comprises leisure trade and the chains
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combines the category management, purchasing, logistics,
631:. The division's main functions include the centralised 1335: 1147:"Päivittäistavarakaupan myynti ja markkinaosuudet 2019" 823: 44: 1029:." Kesko. Retrieved on 11 July 2021. "Työpajankatu 12" 1342: 55:, and by adding encyclopedic content written from a 1573: 1557: 1541: 1505: 1489: 1391: 428: 418: 386: 354: 322: 290: 256: 226: 197: 181: 163: 153: 135: 125: 101: 962:. Kesko divested Konekesko operations in 2018-2020 733:, cafes and restaurants which operate at staffed 1002:"KESKOA, Kesko Oyj A, (FI0009007900) - Nasdaq" 1852: 1663: 1369: 1276: 1274: 752:trade is part of the grocery trade division. 8: 87: 1109:. Päivittäistavarakauppa ry. Archived from 1859: 1845: 1837: 1670: 1656: 1648: 1376: 1362: 1354: 921:Musta Pörssi home electronics retail chain 905:Finnish Competition and Consumer Authority 884:Old Kesko village store (Sepon kauppa) in 86: 75:Learn how and when to remove this message 1295:Kesko website. Retrieved on 6 June 2019 1242:Kesko website. Retrieved on 6 June 2019 972: 1131:: CS1 maint: archived copy as title ( 1124: 944:Asko and Sotka furniture retail chains 579:started operating at the beginning of 517:. It is engaged in the grocery trade, 36:contains content that is written like 583:. The need to purchase goods for the 7: 2992:Retail companies established in 1940 1063: 1061: 911:Notable changes in company structure 718:Kesko company Kespro is the leading 561:Kesko was formed when four regional 2977:Companies listed on Nasdaq Helsinki 1283:Yle. Retrieved on 23 September 2021 1240:Musta Pörssi to wind up operations 786:The car trade segment consists of 14: 525:trade. It also has operations in 2982:Companies in the OMX Helsinki 25 1678: 1472: 1458: 1281:Kesko myy Anttilat saksalaisille 876:Acquisition of Suomen Lähikauppa 790:(formerly operated as VV-Auto). 398: 397: 366: 365: 334: 333: 302: 301: 264: 263: 93: 25: 440:Footnotes / references 834:K-Auto represents the leading 818:passenger cars and Volkswagen 1: 1220:Kilpailu- ja kuluttajavirasto 692:, Pirkka Parhaat and K-menu. 468:Former Kesko headquarters in 2949:List of companies of Finland 956:materials handling machinery 853:Market share and competitors 756:Building and technical trade 2972:Companies based in Helsinki 2757:SSH Communications Security 794:K-Auto imports and markets 169:; 84 years ago 3008: 1349:Konekesko official website 1027:Contacts/Kesko Corporation 2946: 1875: 1694: 1453: 899:A Siwa store seen in 2016 695:The main competitors are 615:K-Market Lohjanportti in 521:and technical trade, and 438: 92: 16:Finnish retailing company 2522:Ovaro Kiinteistösijoitus 1068:Kesko Annual Report 2021 1039:Iain (1 November 2006). 639:, selection management, 509:with its head office in 2987:Supermarkets of Finland 1385:Supermarkets in Finland 1343:K-Auto official website 1006:www.nasdaqomxnordic.com 646:The division's grocery 2354:Lassila & Tikanoja 960:agricultural machinery 936:Sales of retail chains 900: 892: 677: 624: 496: 488: 477: 461: 452:Kesko headquarters in 424:22,476 (average, 2016) 119: 111: 916:Retail chain closures 898: 883: 729:Kesko also has small 664: 614: 467: 451: 57:neutral point of view 2772:Suominen Corporation 2629:Remedy Entertainment 1867:Companies listed in 1087:on 23 September 2015 1480:Supermarkets portal 1196:on 14 February 2017 1113:on 14 February 2017 820:commercial vehicles 672:shopping centre in 420:Number of employees 130:Julkinen osakeyhtiö 89: 49:promotional content 2454:Nurminen Logistics 1637:Tarmo-lähikauppias 1490:Minor supermarkets 1419:Food Market Herkku 1045:FoodChain Magazine 926:The Athlete's Foot 901: 893: 849:and Budget Sport. 776:information system 731:convenience stores 678: 625: 478: 462: 51:and inappropriate 2959: 2958: 2507:Orion Corporation 1834: 1833: 1776:Orion Corporation 1645: 1644: 1614:Suomen Lähikauppa 1392:Main supermarkets 867:Suomen Lähikauppa 481:Kesko Corporation 446: 445: 251:consumer durables 247:department stores 222: 214: 88:Kesko Corporation 85: 84: 77: 2999: 2934: 2922: 2910: 2887:Verkkokauppa.com 2883: 2856: 2844: 2832: 2790: 2748: 2736: 2724: 2712: 2700: 2688: 2666: 2654: 2642: 2625: 2613: 2576: 2554: 2542: 2530: 2503: 2491: 2479: 2471:Oma Säästöpankki 2462: 2435: 2418: 2386: 2374: 2362: 2350: 2338: 2316: 2299: 2282: 2274:Keskisuomalainen 2265: 2253: 2236: 2199: 2187: 2150: 2138: 2121: 2109: 2097: 2080: 2068: 2056: 2044: 2036:Digitalist Group 2032: 2020: 1983: 1951: 1939: 1927: 1905: 1888: 1861: 1854: 1847: 1838: 1732: 1682: 1681: 1672: 1665: 1658: 1649: 1609:Stockmann Herkku 1482: 1477: 1476: 1475: 1468: 1463: 1462: 1461: 1378: 1371: 1364: 1355: 1339: 1338: 1336:Official website 1321: 1320: 1318: 1316: 1302: 1296: 1290: 1284: 1278: 1269: 1268: 1266: 1264: 1249: 1243: 1237: 1231: 1230: 1228: 1226: 1212: 1206: 1205: 1203: 1201: 1192:. 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1041:"Kesko" 941:Anttila 859:S Group 816:Bentley 804:Porsche 762:Onninen 709:M chain 617:Muijala 577:company 557:History 539:Estonia 535:Denmark 501:Finnish 499:) is a 493:Swedish 485:Finnish 429:Website 281:€11.300 275:€11.809 269:€11.784 257:Revenue 245:sales, 192:Finland 172: ( 164:Founded 146::  116:Swedish 108:Finnish 2870:Valmet 2716:Solteq 2675:Sanoma 2600:Rapala 2580:Puuilo 2558:Ponsse 2512:Orthex 2495:Oriola 2449:Nordea 2342:Kreate 2308:Kojamo 2269:Kemira 2208:HKScan 2203:Harvia 2191:Gofore 2174:Fortum 2012:Consti 1987:CapMan 1965:Biohit 1919:Apetit 1821:Valmet 1771:Nordea 1724:Kojamo 1709:Fortum 1581:Elanto 1574:Former 1558:Liquor 1528:Puuilo 1403:Prisma 947:Kodin1 886:Yttilä 836:brands 788:K-Auto 724:HoReCa 697:Prisma 690:Pirkka 551:Poland 549:, and 543:Latvia 531:Norway 527:Sweden 409:€2.163 403:€2.029 377:€4.139 371:€4.408 158:Retail 148:KESKOB 2933:] 2921:] 2909:] 2882:] 2875:Valoe 2855:] 2843:] 2831:] 2789:] 2747:] 2735:] 2723:] 2711:] 2699:] 2687:] 2665:] 2653:] 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Finnish
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Julkinen osakeyhtiö
Traded as
Nasdaq Helsinki
KESKOB
Retail
Helsinki
President
CEO
Chairman
Supermarkets
hypermarkets
hardware
auto
department stores
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Operating income
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www.kesko.fi

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