Category Archives: Department stores

Komplett: ”We will become a Nordic Amazon”

      Comments Off on Komplett: ”We will become a Nordic Amazon”

Komplett invests in an online marketplace. “Towards the end of the year we will offer other online players to be on our platform. We will become a Nordic Amazon, ” says Komplett’s President… Read more »

Stockmann Chairman to resign due to ownership battle

      Comments Off on Stockmann Chairman to resign due to ownership battle

The owner battle of Stockmann continues. The chairman Kaj-Gustaf Bergh is leaving his post – and former CEO of Finnair, Jukka Hienoen, is suggested to suceed him. “It is better… Read more »

Biltema targets small city locations

      Comments Off on Biltema targets small city locations

Swedish Biltema makes an impression wherever the chain opens a department store. Now two small Swedish municipalities, Nässjö and Avesta, has made an agreement with the chain. ”The important thing for… Read more »

”An attempt to hijack Stockmann”

      Comments Off on ”An attempt to hijack Stockmann”

A power struggle has emerged within Stockmann. According to the KSF-owned Hufvudstadsbladet, largest shareholder Hartwall wants to combine the share series and thus reduce the Finnish-Swedish interests of power in Stockmann…. Read more »

Kesko joins ICA for international home and specialty goods sourcing

      Comments Off on Kesko joins ICA for international home and specialty goods sourcing

Kesko partners up with Swedish ICA’s international ICA Global Sourcing (IGS) in international purchasing for Kesko’s home and speciality goods trade, to an extent of which is unprecedented in the history of Kesko. The… Read more »

Jula to open four Norwegian stores – and number eight in Stockholm

      Comments Off on Jula to open four Norwegian stores – and number eight in Stockholm

Jula’s rapid expansion in Norway continues. During spring opens Jula all four new stores in the Norwegian market. ”Jula in Norway is one long success story since the first store opened… Read more »

Clas Ohlson to expand home interior range –and open more Norwegian stores

      Comments Off on Clas Ohlson to expand home interior range –and open more Norwegian stores

Clas Ohlson further expands in Norway and opens new stores at Amfi Finnsnes, Voss and Maxi Sandnes. The shops all have planned opening before summer 2016. At the same time… Read more »

Kesko’s sales increased in in all divisions

      Comments Off on Kesko’s sales increased in in all divisions

Kesko Group’s sales in December 2015 totalled 781.8 million EUR. In comparable terms excluding Anttila, sales increased by 3.0 percent in local currencies. “In December, Kesko’s sales increased in all divisions, especially… Read more »

Clas Ohlson increased Christmas sales by 13 percent in Finland

      Comments Off on Clas Ohlson increased Christmas sales by 13 percent in Finland

Clas Ohlson sales increased by 5 percent in December to 1,114 MSEK (1,066). In local currencies, sales increased by 7 percent. Total sales during the first eight months of the fiscal… Read more »

Stockmann to fight 19.6 million extra taxation in Finland and Sweden

      Comments Off on Stockmann to fight 19.6 million extra taxation in Finland and Sweden

The Stockmann Group has received tax reassessment decisions from the Finnish and Swedish tax authorities requiring the Group companies to pay 19.6 million EUR in additional taxes, including punitive tax… Read more »