Economy“It is incredibly difficult for smaller players to break into the market", says Jörgensen, pointing out that a lack of competition risks leading to higher prices.
Ica
Swedish oligarch condemns boycott against food giants
Sweden“It’s not individual grocery stores that have created this situation. It’s crop failures, inflation, and more. The same situation exists across Europe”, says Jacob Wallenberg.
ICA CEO on price hikes: “We’re doing everything to help”
EconomyICA Sweden made a gross profit of €2.4 billion last year - while reports warn that many Swedes can no longer afford to eat their fill.
Major food retailer ICA initiates lab-grown meat pilot project
SwedenThe project includes exploring consumer attitudes towards lab-grown meat.