Dixons’ nordic chains Elkjøp and Lefdal in Norway, Elgiganten in Sweden and Denmark and Gigantti in Finland delivers a new superprofit to its owner. The Nordic sales for 294 stores… Read more »
10,000 to 15,000 customers a day visit IKEA’s new city concept in Hamburg. “The whole world around IKEA has their eyes towards Altona,” says IKEA Germany’s spokesperson Simone Settergren It… Read more »
Orkla’s operating profit (EBITA) totalled NOK 751 million in the second quarter of 2014, a year-over-year improvement of 19%. This growth is ascribable to acquired companies and improved branded consumer… Read more »
WeSC has basined new confidence. The rights issue resulted in 46.2 million SEK. “Our saving program gives us a better result already this autumn,” said CEO Johan Heijbel. The rights… Read more »
Byggmax is designated by banks and brokers as the next takeover candidate. They predict that the business transactions continues and SEB is now pointing out DIY chain Byggmax as a… Read more »
Swedish streamed music phenomena Spotify announces a launch in Canada. It is not official, but Spotify is accepting entries for a pre-launch. “We know there is a great expectation and… Read more »
KappAhl’s former CEO and principal shareholder Christian W Jansson has sold the rest of his entire holding of approximately 2.9 million shares of the company. It is reported from Tuesday’s… Read more »
In June 2014, the H&M Group total sales including VAT increased by 12 percent in local currencies compared to the same month last year. Sales in June were negatively affected… Read more »
Kesko Group’s sales, excluding VAT, in June 2014 totalled €792.1 million, down 0.9%. In Kesko’s food trade, sales in June were €369.7 million, matching the level of the previous year…. Read more »
Shirt producer Stenströms in Helsingborg, with annual sales of 200 million SEK this year, has recently opened a sales office, showroom and warehouse in New York. “After our success in… Read more »
Indiska’s first german store will open in Hamburg in November. This will also be store number 100 for the the family owned company.
Discount chain Netto’s UK comeback starts in the north, where Lidl and Aldi aren’t strong. “The stores will have a Scandinavian twist – there is no doubt that there is… Read more »
Netto is coming back to the UK. But what happened to the stores they sold to Asda in 2010?
Several media reports that H&M finally will introduce & other stories to the U.S-market. The store will open at 575 Broadway towards the end of this year and include a… Read more »
The number of international stores in Denmark has decreased during the last five years. At the same time the number of Danish stores in other countries has increased by 25… Read more »
Former Metsä Group executive Mikko Helander is the new managing director, president and CEO of Kesko. He will take over from outgoing managing director and president Matti Halmesmaki in January… Read more »
Tore Bertilsson will be a new member of the IKEA Group board from September 2014 Tore Bertilsson, the former Executive Vice President and Chief Financial Officer of SKF, will join the… Read more »
Unibail-Rodamco have made a statement to offer the best restaurant cluster in Stockholm when Mall of Scandinavia opens autumn 2015. Maybe it’s a glimpse of what´s planned when the mall… Read more »
Norwegians and Russians spend most money when they visit Sweden. But the neighbor visits to Sweden decreases according to the new boundary survey.
For the first time, a survey is made quarterly to estimate the progress in the whole Nordic e-commerce. During the first quarter of 2014 seven of ten northerners bought online products… Read more »
Finnish department store chain Stockmann reports a larger-than-expected first quarter loss, due to weak demand in Finland and Russia and the weaker Russian rouble. Lindex revenue was up in local… Read more »
Stockholm Arlanda airport is facing a large expansion in several stages. Existing terminals will be expanded to meet the growing number of travelers and increase capacity, according to operator Swedavia…. Read more »
The former H&M global brand director and Esprit brand manager Jörgen Andersson becomes head of global marketing at Japanese clothing chain Uniqlo .
Scandinavia is the jewel in the crown of Dixons’ group. We got an exclusive interview with CEO Sebastian James about the market, Nordic vs the UK and the fight against… Read more »