Axfood AB engages in retail and wholesale of food through store chains. It operates through the following segments: Hemkop, Willys, Dagab, Narlivs, and Joint-Group. The Hemkop segment sales of food retail products with a broad product offering and high level of service. The Willys segment offers sales of food retail products/groceries at discount prices. The Narlivs segment involves in wholesale, cash and carry business, and caters the retailers, chain customers, and other convenience retailers, and restaurants and foodservice operators. The Dagab segment provides wholesaling business, with approximately 80% of sales to Groupowned stores. The Joint-Group segment involves head office support functions, such as the executive committee, finance and accounting, communications, business development, human resources, and information technology. The company was founded in May 2000 and is headquartered in Stockholm, Sweden.