Denmark: Dagrofa Group to invest in growth strategy
Dagrofa Group, the parent company of Spar Denmark, has announced its Gro ’27 strategy, a three-year growth plan that includes a 1.3 billion DKK ($182 million) investment in retail, food service, and logistics. Through Gro’27, Dagrofa plans to grow Dagrofa’s market share, achieve 600 million NOK ($182 million) in earnings by 2027, and position Meny […]
Denmark: Dagrofa Group to invest in network expansion
Dagrofa Group, the parent company of Spar Denmark, has announced the investment of DKK 450 million ($68.35 million) over the next three years in three of its retail chains, including Spar Denmark. The plan includes the development of a new retailer model to attract more independent retailers, where the new license model will be based […]
Denmark: Dansk Supermarked to acquire Kiwi stores
Danish retailer Dansk Supermarked has reached an agreement to acquire 81 stores from competitor retailer Dagrofa. According to European Supermarket News, Dansk Supermarked aims to convert more than half the acquired stores into Netto outlets, whilst leases on the other stores are set to be offloaded to other retailers. Following the transaction, Dagrofa is set […]