On Friday, Åhlens opens the newly renovated department store in Halmstad. A new concept, new interior, new products and a new café, Café Å lait is introduced to Halmstad.
Clas Ohlson increased their sales by eight percent in June to 545 MSEK (506). Sweden and the UK was the strongest market – Finland is saved by stronger euro. In… Read more »
Children specialist Barnas Hus has got a tough journey ahead. Last year ended up with a 134 million NOK loss.
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 »
Rusta’s Norwegian expansion is accelerating. This autumn, the Swedish discount department store chain so far has officially planned to open five new units. The latest contracts are for Tiller in… Read more »
Clas Ohlson announces today that the company has signed contracts regarding new stores in Center Syd in Löddeköpinge, Sweden and Goodman shopping center in Hämeenlinna, Finland. This means 13 new… Read more »
Finnish retail chain Anttila announces it will shut down four retail outlets. 200 workers will be affected, loosing their jobs, which also includes employees at the company’s central office and… Read more »
Swedish phenomena Gekås won’t try e-commerce. “It would be devastating”, says owner Torbjörn Bäck to Market. The discount department store Gekås on the swedish west coast increased sales eight… 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 »
Discount chain Rusta’s introduction to the stock market won’t be a reality until the earliest 2016. Cecilia Gärdestad, spokesperson for Rusta, told Direkt news agency this yesterday commenting a three year old statement… Read more »
A successful turnover increase – but at the bottom line one million DKK in losses. That’s what Copenhagen department store Illum achieved 2013. Illum was sold to Italian la… Read more »
The classic department store P.U.B’s future is uncertain . Several shops move when a floor needs be repaired. And the property owner has no answer about the future. Fashion… Read more »
Biltema, the discount department store chain, is expanding rapidly. 66 new stores are planned in the Nordic countries during the next five years . But it’s also aiming also outside the region…. 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 »
Department Stores Group Stockmann starts statutory negotiations with 3200 employees that could lead to up to 330 people getting fired. The goal is to save about 10 million euros annually… Read more »
Cdon group welcomes Amazon to Sweden. ” They get consumers to shop more online,” says CEO Paul Fischbein .