PrisXtra explained

PrisXtra was a Swedish low-price supermarket founded by Rudolf Lundin^[1] in 1991.

On 28 January 2008, it became a subsidiary of Axfood AB.^[2] By May 2013, PrisXtra had five stores in Stockholm.

In February 2013, Axfood announced plans to convert all of its PrisXtra stores into branches of the Hemköp or Willys supermarket chains, at a cost of 55 million kronor. The last PrisXtra store, at Storängsbotten, closed on 28 February 2014 and Axfood announced the simultaneous cessation of PrisXtra as a brand.

External links

• PrisXtra.se
• Axfood.se

Notes and References

1. News: Varför vill ni växa er större?. Why do you want to increase your size?. Andersson, Klas. Svenska Dagbladet. December 6, 2007. May 19, 2012. 'Karin Hygrell-Jonsson är ekonomi- och finansdirektör på Axfood som köper den familjeägda livsmedelskedjan Prisxtra.' (Karin Hygrell-Jonsson, Chief Financial Officer at Axfood, will buy the family-owned food chain PrisXtra.).
2. Web site: Company Overview of Prisxtra Förvaltning AB . https://archive.today/20120709123254/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=6491317 . dead . July 9, 2012 . May 29, 2012.