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Archive | Health & cosmetics

He takes the position as new pharmacy chain CEO

Pharmacies chain Kronans Apotek now has a new President. Lars Birkeland leave his post and is replaced today by Stig Tornell, former assortment and marketing director. Stig Tornell’s retail experience comes from a variety of positions in marketing, purchasing, store operations and sales, including the Reitan Sweden AB (Pressbyrån and 7-Eleven), Shell and the ICA Group. Since […]

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Apotek Hjärtat ICA

Ica to open health care clinics at hypermarkets

Ica goes for more qualified health care in connection with its hypermarkets This is done by ICA’s pharmacy chain Apotek Hjärtat opening Minute Clinics. Three trials are now permanent and three new will be established. “The big advantage is that we simplify for customers. You can check your birthmark at the same time you buy milk, “says ICA’s CEO Per […]

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Lower margins for Apoteksgruppen

The results for 2015 show an increase in turnover for the entrepreneurial pharmacies in the Swedish pharmacy chain Apoteksgruppen, although the increase is partly due to increased sales of expensive drugs with lower margins. Furthermore, major investments in the newly introduced e-commerce and the chain’s own brand which together with increased investment in new pharmacies […]

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Parfymeri L 2016-01-14 kl. 15.43.37

Perfume chain sold to online beauty specialist

Online beauty products retailer Eleven acquires retail chain Parfymeri L. Eleven offers nearly 900 brands in cosmetics, skin care, hair care and fragrance with distribution throughout the Nordic region. In connection with the acquisition of Parfymeri L, Eleven says it will take the next step in their development and make the physical beauty commerce modern. Parfymeri L has […]

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Increasing operating margins for Apoteket

Apoteket’s net sales during the first three quarters amounted to 14.6 billion SEK, an increase of 7 percent compared with the same period last year. The operating margin also rose, to 2.9 percent. Increased sales in the consumer market, and reduced costs contributed to the improved result. ”I am happy to note that our offering […]

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Stockmann to outsource space to Musti & Mirri – gets pet grooming services

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 and Halti. ”The possibility of expanding cooperation with Hamleys, Musti & Mirri and Halti from Helsinki to Stockmann’s other stores during 2016 is being investigated,” […]

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Lower summer sales for Matas

Danish cosmetics giant Matas did not have the best summer. The chain came out of the first financial quarter of 2015/16 with a sales decline compared with the corresponding quarter last year. The revenue 826,5 MDKK is corresponding to a decrease of 0.1 percent compared to the first quarter of 2014/15. According to Matas, the total turnover was […]

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Åhlens to close all stores in Norway – Lagerhaus to replace

The largest Scandinavian interior and department store chain, Åhlens, will close all 30 stores in Norway within two years. ”It is the continuing priority of the Åhléns department stores that are the basis for the decision to close down the home furnishing stores in Norway,” says Gregg Mowins, CEO of Åhléns AB. Sister chain Lagerhaus will […]

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Warm weather in March made Swedish consumers spend 7.4 percent more on durables

Swedish retail sales exceeds the forecasts. Early April-Easter pushed the grocery sales already in March, but Swedish consumers spent some extra on furnitures and electronics making sales of durables rise över seven percent. And sales in pharmacies grow in particularly, 17 percent. (more…)

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Lindex beauty

Lindex to launch beauty collection

Lindex launches its own brand of beauty products, with a makeup and a body assortment. “Lindex Beauty is a natural extention of Lindex offer for fashion interested women”, says Inger Lundqvist, Design and Buying Manager for Lindex Cosmetics. The makeup assortment will include mascara, eyeliner, eyeshadow, foundation, powder, concealer, blusher, nailpolish, lipstick and lipgloss. The […]

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First approval of Ica’s acquisition of Apotek Hjärtat

The first of two approvals has now been obtained as Swedish Medical Products Agency approves Ica’s acquisition of Apotek Hjärtat. The Swedish Medical Products Agency has decided that the notification of significant change, which was submitted to the Agency by reason of Ica Group’s acquisition of Apotek Hjärtat, does not at present require any additional […]

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