After a series of cancelled store openings in 2012, Media Markt now says it is now prepared to open several new stores. The chain says that the number of profitable stores now… Read more »
Borås, Varberg and Umeå are the nominees for the year’s Swedish City Center in 2016. ”City centers face more complex challenges today,” says Björn Bergman, CEO of the Swedish city centers (Svenska… Read more »
JC’s CEO Thomas Behring resigned the other day. Yesterday, April 6, the company applied for reconstruction at the Stockholm District Court.
Biltema builds its biggest department store. The location is Infra City in upplands Väsby not of Stockholm. “The department store has great potential to be a really great unit considering all the traffic… Read more »
H&M reports a 9 percent sales increase for the first quarter, but the negative US-dollar effect won’t be neutralized until the last quarter this year. ”This has made our purchasing… Read more »
Dansk Supermarked Group (Danish Supermarket Group) will annually invest 2 billion DKK in the construction of new stores, refurbishment of existing and further development of the company’s e-commerce platforms. In 2016 more… Read more »
Bygghemma has extended its partnership with payments company Svea Ekonomi and now gives them exclusivity for payment solutions in Sweden, Norway and Finland, with the intention of eventually expanding to… Read more »
Gränby Centre invests in a spectacular playground ”The new playground is designed as a miniature Uppsala,” says Daniel Kvant-Suber, business developer, Atrium Ljungberg.
Beijer Building invests in Brabyggare, a Swedish brokerage services for construction projects. The purpose of the investment is to facilitate the meeting between quality assured professional builders and private clients and… Read more »
Bergviks Shopping shopping centre in Karlstad is about to be relaunched. But also adopt Odd Molly founder Per Holknekt who will change his name – to Bergvik. “What I know, no one… Read more »
Thomas Behring resigns as CEO of the fashion chain JC.
Jula’s customer club, JulaClub, has now reached 2 million members. “It’s fantastic! 2 million JulaClub members is a proof that we have many dedicated customers. JulaClub is an extremely important… Read more »
Solbacken switches owner, to Regio who introduces a new asset manager.
Fashion chain Brothers’ new move is a more personal shopping experience. Seven stores will now offer a free bookable hour of dedicated time with a seller.
Erikslund shopping area in västerås is one of Sweden’s largest, but also has many vacant premises. Now discount operator ÖoB changes neighbor from Elgiganten to Jula and Willy. “We know… Read more »
Cornerstone Nordic’s Nordic Retail Fund sells four shopping centers, covering 45 000 square meters, to an international joint venture. It’s Magasinet in Örnsköldsvik, Kulan in Karlskoga, Kvarnen in Mjölby and Axet in… Read more »
The extra sales day in February boosted Swedish retail sales significantly. The turnover increased by 8.7 percent from February 2015 to February 2016. Retail trade for consumables showed an increase… Read more »
Kids premium fashion chain Polarn O. Pyret acquires 51 percent of the shares in Kids Company Oy in Finland. ”We have established a solid plan to increase the number of… Read more »
Sister brands Addnature and Bikester deepen their cooperation and launch a joint concept store in Stockholm on 1 April. For the two e-commerce stores, it adds a new contact with… Read more »
Viking Line has opened the Baltic Sea’s first specialty store in design, decor and beauty. ”We hope to bring the concept to our other six ships,” says Eva Rehnström, Purchasing Manager Sales… Read more »
The border trade does not suffer from a weaker Norwegian currency. In Charlottenberg the retail trade has so far this year increased by over 20 percent. “When the Norwegian krone… Read more »
Ikea Centres opened their new shopping centre in Umeå on Thursday. Approximately 10000 visitors were expected to cross the red carpet entrance to Avion shopping, the first Swedish shopping centre… Read more »
The Swedish Cooperative Federation, KF, reports a profit after tax of just over one billion SEK for 2015. ”It is gratifying that we can now show such good results of… Read more »