Danish electronics Chain Fona passed the first threat of bankruptcy, operations will go on during the reconstruction. Bankruptcy court in Copenhagen said all of the chain’s creditors have accepted the plan.
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 »
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 »
As Elon is expanding in the Nordics, EEL Holding has decided to change name to Elon Group. ”The use of Elon brand at the Group gives us an opportunity to… Read more »
Last year, the cooperation between the Swedish wholesaler Electra Gruppen and Danish El-Salg was extended. Now acquires Electra Gruppen 45 percent of El-Salg and establish themselves in Denmark as a… Read more »
Stockmann believes pet supplies chain Musti & Mirri will serve the Helsinki flagship’s customers better. That makes it the fifth partner to move in as a large shop-in-department store solution, following Expert, Hamleys, Bonnier… Read more »
The Swedish EEL Group merges with the Norwegian consumer electronics company Euronics Norway – making Euronics merchants shareholders in EEL and creating a Nordic appliances leader. To ScandinavianRetail.com, Kenneth Baltzersen,… Read more »
Expert launched its new large concept Power in Denmark two weeks ago, as a completely new concept. But the competitors are not impressed. ”We’ve seen it before”, say Elgiganten and… Read more »
Consumer electronics company Electra Group reported a net profit of 19 million SEK for the fourth quarter of 2014. Sales increased by 7 percent compared with the same period last… Read more »
The closure of the 30 Expert stores in Denmark came as a total surprise to merchants. At the same time a gap in the market opened so that Euronics can… Read more »
The first Danish shop of 20 under the European Euronics concept opens its doors in Ikast ”We have planned a launch of a number of new stores around the country… Read more »
Electra Group’s sales in the third quarter amounted to 411.6 (343.6) million SEK, an increase of 19.8 percent compared to the same quarter last year. “The strong sales growth in… Read more »
Electra Group’s partnership with El-Salg in Denmark is paying off. The owner and supplier of AudioVideo-chain in Sweden and other consumer electronics chains, increased sales by 6,5 percent second quarter.