December 25, 2014 4:50 PM ET

Food and Staples Retailing

Company Overview of ICA AB

Company Overview

ICA AB is engaged in wholesale and retail operations in Sweden, Norway, and the Baltic countries. It operates in four store formats consisting of hypermarkets, supermarkets, convenience stores, and discounters. The company’s ICA Sweden segment operates as a food retailer in cooperation with independent retailers. It operates various retail stores under the ICA Nära, ICA Supermarket, ICA Kvantum, Maxi ICA Stormarknad, Cura pharmacy, and ICA To Go names. As of December 31, 2013, this segment had 1,321 stores. Its ICA Norway segment sells groceries under the ICA and Rimi brands with three store formats: ICA Naer, ICA Supermarked, and Rimi. As of the above date, this segment had 571 stores. The ...

Svetsarvägen 16

Solna,  171 93

Sweden

Founded in 1917

20,319 Employees

Phone:

46 8 56 15 00 00

Key Executives for ICA AB

Chief Executive Officer
Age: 51
Chief Financial Officer
Age: 56
Chief Executive Officer of Rimi Baltic
Age: 53
Chief Executive Officer of ICA Bank
Age: 62
Chief Executive Officer of Non-Food
Age: 59
Compensation as of Fiscal Year 2014.

ICA AB Key Developments

ICA Presents at 8th Annual Latin American Energy & Infrastructure Finance Forum, Mar-11-2014 through Mar-12-2014

ICA Presents at 8th Annual Latin American Energy & Infrastructure Finance Forum, Mar-11-2014 through Mar-12-2014. Venue: The Biltmore, Miami, Florida, United States. Presentation Date & Speakers: Mar-11-2014, Gabriel de la Concha, Chief Investment Officer, Pablo Garcia Aguilar, CFO.

ICA launches its First SmartAlerts Service

ICA announced the launch of its first SmartAlerts service, technology that sends near real-time notifications about patients most at risk for avoidable readmission to care team members across the continuum. SmartAlerts addresses key issues around communication disconnects and overly labor-intensive manual processes to inform vital caregivers of important medical events and their related transitions of care. This innovative technology was developed with the future in mind and allows for the expansion beyond readmissions and acute events in future versions without upgrades or replacements. SmartAlerts helps healthcare organizations facilitate health information exchange among a pre-determined care team through the use of predictive analytics. By moving beyond the simple sharing of information between organizations to the creation of usable patient information as part of intelligent interoperability, these near real-time notifications support the transitions of care workflow and empower caregivers to proactively manage at-risk patient populations. With algorithms that automate the identification and categorization of readmission and acute event risks, providers can positively impact patient care and mitigate the adverse reimbursement impact associated with avoidable readmissions. ICA's SmartAlerts helps healthcare organizations expand their care coordination efforts to further mitigate risk and improve overall care delivery. With SmartAlerts, users are able to: determine potential high-risk patients in real-time and alert organizations along the care continuum of a patient's status on admission or at discharge. Prevent potential gaps in care by using predictive analytics to assess the likelihood of a patient's readmission and taking necessary steps to reduce this chance of readmission. Strengthen workflow and operational efficiencies through the creation of customized rules for the tool's notifications. Enhance the patient experience and patient satisfaction levels by offering proactive care.

Ahold Evaluating Alternatives For ICA

Koninklijke Ahold N.V. (ENXTAM:AH) is evaluating alternatives for ICA AB. The company announced that it is exploring strategic options regarding its 60% holding in ICA. It added that an IPO (Initial Public Offering) on NASDAQ OMX Stockholm in Sweden is one of the alternatives being considered. The review is expected to take 6-12 months.

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