Nordic retail giant Kesko overhauls grocery logistics with Manhattan Associates

retailtimes.co.uk · 2026-10-13

The race to modernise Europe's grocery supply chains has entered a new phase, with Finnish retail group Kesko selecting Manhattan ActiveWarehouse™ from

TickrTrends take: Manhattan Associates has secured a significant logistics modernization contract with Kesko, a major Nordic retailer, which demonstrates continued demand for the company's supply chain software solutions in the European market. TickrTrends currently rates MANH as undervalued within the Technology sector, suggesting the market may not be fully pricing in the revenue and growth potential from enterprise logistics deals of this scale. Investors focused on valuation should monitor whether this Kesko engagement translates into recurring software licensing revenue and contributes measurably to the company's financial guidance in upcoming quarters.

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