Category Archives: Consumer electronics

Elgiganten won’t put Megastore-label on new stores

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Except for its size, Elgiganten’s Megastore-concept has lost its uniqueness. In the coming year all standard stores will get the same concept, but without the addition Megastore. Now the electronics chain evaluates… Read more »

Elgiganten to expand Swedish store network by 18 new establishments

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Elgiganten expands its Swedish retail network with 18 new establishments and five upgrades. “We see growth in all sales channels and can confirm that the physical stores, despite a strong… Read more »

Clas Ohlson sent employees to China to study sustainability

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How good are the working conditions in a retail chain’s factories in Asia? At Clas Ohlson, some employees really know after paying a visit.

Clas Ohlson sets new record – ready for Germany opening

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Clas Ohlson’s sales increased by 8 percent in February and 7 percent in local currencies during its third financial quarter. The weak Norwegian currency remains a challenge. CEO Klas Balkow… Read more »

Consumer electronics profile to join the Axfood board

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Swedish food giant Axfood has found the replacer to Odd Reitan in the Board: Siba and Netonnet-owner and profile Fabian Bengtsson. As a new Chairman, the Nominating Committee proposes the CEO… Read more »

Good end of 2015 for Electra Group – but decreasing profit

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The Swedish Electra Group, which recently expanded its commitment in Norway and Denmark, declined both in sales and earnings in 2015. At the same time it gains market shares mainly… Read more »

Skousen’s franchisees makes a million profit a year

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Attractive margins make many Nordic actors look at the appliances category. Recent year has seen several start ups and expansion. The Danish chain Skousen went from a problem child to a… Read more »