Polarn O. Pyret has today taken the decision to close the smaller and unprofitable operations in the Netherlands and China and to expand the number of stores in Finland and Norway. “The net number of stores will increase over the next 15 months, ” says Magnus Håkansson, President and CEO of RNB. (more…)
Archive | E-commerce
Varner Group set to open new chain for women
Varner Group’s new fashion chain for women, Days like this, open the doors to eleven stores next week. Cubus and Bik Bok is already specifically targeted at women, but now the Norwegian fashion group further such a chain in his portfolio with 11 new stores + online sales already this month. ”Days Like This is a […]
Nelly.com to cut staff with 35 people
One of Scandinavia’s largest fashion portals, Nelly.com, has given 35 people notice. The layoffs are related to staff at offices in Borås and Stockholm. (more…)
Danish vintage giant fires CEO
The CEO of the Danish online vintage fashion store Trendsales resigns immediately. ”It is true that Trendsales’ and now former CEO Rasmus Goth Engel have agreed to separate with immediate effect, says Martin Falslev Andersen, co-founder of Trendsales to TV2. (more…)
Clas Ohlson to close seven stores in UK
Clas Ohlson has decided to change store format in the UK. Seven stores will close – instead Clas Ohlson starts opening stores with new and smaller formats aimed for multichannel. (more…)
Bygghemma goes for exclusive payment solution
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 additional countries. “For us it is important to have a full partner, Svea Ekonomi is flexible and committed and relieve us in our work. Anything […]
Savills sells Solbacken retail park to Regio
Solbacken switches owner, to Regio who introduces a new asset manager. (more…)
Brothers offers free personal shopper.
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. (more…)
”No one wants a Fona with so many shops”
It looks like the Danish electronics chain Fona will be closing even more stores than previously thought. According to the curator, Ole Borch, only eight out of 56 stores will stay open after the recounstruction due to disagreements on the recapitilzation. “We must note that the plan was too ambitious. No one wants a Fona […]
ABC-chain gets local customization concept
The ABC chain is renewed, after about 20 service station stores begin to run their operations under the name Lähi ABC! with services targeted primarily to local customers, who are offered easy shopping eating, refueling and continuing connection with the purchase. The rebranded stations are located mainly in urban areas. (more…)
Moss Copenhagen’s resurrection – all stores survive
Clothes chain Moss Copenhagen has gone bankrupt, but survives with new management and new owners. All the 12 stores in the chain continues. ”No one will be laid off because of reconstruction. We’re going back to the roots, where we focus on what we are really good at: Clothes for girls”, says new CEO, Anders Freund. (more…)
Polarn O. Pyret acquires master franchise business in Finland
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 proprietary stores in the coming years,” says Nanna Hedlund, CEO, Polarn O. Pyret. (more…)
Two online stores merge for physical concept store
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 customers and further integration and development of their online stores together with the physical stores. (more…)
Alko to start online sales of all alcoholic beverages
The Finnish state-owned alcohol monopoly-chain Alko will start e-commerce this year. The aim is to offer the full range. “Our customers can use our services precisely in those channels where they want. By bringing our full range for purchase, we can better serve our customers, “says Alko’s business manager Paula Kujansivu. (more…)
ICA to set up Inkclub for sale?
ICA Group reviews its ownership in inkClub. ”Going forward we see limited synergies with our core business, says Liv Forhaug, Chief Strategy Officer, ICA Group. (more…)
Lindex launches shop for 140,000 Instagram-followers
Lindex launches the opportunity to shop via Instagram. (more…)
He joins Linkedin-program to target immigrants for new jobs
Swedish global fashion portal NA-KD.com partnership with LinkedIn Sweden’s Welcome Talent-program. The idea is to make it easier for newcomers to find internship. ”We’ve already received 50 applications the first day,” says CEO Jarno Vanhatapio. (more…)
Content marketing a winning concept in Swedish e-commerce
Sportamore is Sweden’s best e-commerce site. This, according to Internetworld who’s traditionally named a top 100 list of Swedish websites. (more…)
Skånska Byggvaror and Plantagen opens more shop in shops
Skånska Byggvaror is moving into more shop-in-shops at Plantagen’s garden centers. And they will now be completed with a virtual offering. (more…)
Qliro’s got a new major owner
Qliro Group has a new major shareholder. Rite Ventures, with interests in MatHem, Vitvaruexperten.com and Verkkokauppa.com is now the third largest shareholder in Qliro (formerly Cdon). (more…)
Hotel Chocolate will learn from Denmark how to succed globally
Denmark is the local training ground for Hotel Chocolat – before global expansion. “Our plan is to use Denmark, which is a close by smallish market with lots of good local chocolate. And after the UK it has the most frequent online shopping people,” founder Angus Thirlwell said on Wednesday. (more…)
XL Bygg to open e-commerce with help from Bygghemma.se
Bygghemma.se grew using XL Bygg’s retail and distribution network. Now opens XL Bygg its own e-commerce, operated by Bygghemma.se. (more…)
Göran Bille resigns as Gina Tricot-CEO
Göran Bille steps down as CEO Gina Tricot, 1.5 years after he took office. “I work in February, so on Tuesday I’m not there.” Göran Bille tells Borås Tidning. Instead, he becomes industrial advisor of the owner Nordic Capital. (more…)
Qliro-CEO: Adlibris to replace Cdon’s booksales
Adlibris, the leading Nordic online bookstore, has agreed on a partnership with Cdon to sell books via Cdon Marketplace. In connection with the launch of Adlibris as a new marketplace merchant, Cdon will phase out its own assortment of books and instead sell Adlibris’s assortment through the marketplace. (more…)
Qliro recruits new CEO from Dustin
Qliro Group has found its successor to Paul Fischbein. Marcus Lindqvist has been appointed CEO and assumes his new role in August 2016 at the latest. His most recent role was Head of B2B Sweden & Products at Dustin. Prior to Dustin, he served as Country Manager for Sweden at Hewlett Packard’s PC division, as well […]
He is recruited to lift Indiska’s online sales
Crisis chain Indiska makes an effort to increase the company’s e-commerce. Now the fashion company recruits Niclas Hemminger from Consortio Fashion Group as Head of Indiska’s online expansion. (more…)
XXL to enter Denmark and change management
XXL targets Denmark. In the first phase – only online. ”We need to market ourselves heavily to be visible in Denmark. But we cannot be market leaders in a country with only an online store, so therefore we need consider Danish department stores too,” said CEO Fredrik Steenbuch at the presentation of XXL:s financial report. […]
She is new CEO of Gallerix
Gallerix recruits a new CEO: Yvonne Magnusson, former CEO of Cervera. (more…)
Sportamore grows with record pace
Online sports trader Sportamore reports a sales growth of 47 percent during 2015. ”The profitability rises, not only in our home market Sweden, but in the company as a whole.,” comments CEO Johan Ryding. (more…)
CEO to leave Gudrun Sjöden
Christina Tillman resigns as President of interior design and fashion company Gudrun Sjödén after just over a year on the position. ”As I see it, there can only be one CEO of a company,” says Christina Tillman to Habit. (more…)
Buildingware the strongest boomer online
Buildingware materials grew most of all product categories online last year. This according to the upcoming report E-barometern from PostNord. (more…)
Clas Ohlson suffers from Norwegian currency
Clas Ohlson increased its sales in local currencies in January by 3 percent, all Nordic markets shows a positive development but Norwegian currency results in a total decrease of sales. (more…)
Verkkokauppa.com grew by 25% – need a new warehouse
Finland’s leading e-commerce actor – Verkkokauppa.com grew significantly during 2015. Revenues increased by 25 percent to 67.0 million Euros. But in two years – the company needs to leave its successful Helsinki premises. (more…)
Skousen’s franchisees makes a million profit a year
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 win-win situation. (more…)
Kiwi the biggest loser as 75 Norwegian in-store post offices change operators
Norway Post has signed 845 new agreements with Post i butikk/In-store post offices. 75 of them means a change of operating stores. A majority of them are switching location from Kiwi. (more…)
Swedish buildingware online specialist happy with Norway
The online specialist Skånska Byggvaror is growing with physical stores. 2015 was the most succesful year in the company’s history. “What is particular pleasing is that our Norwegian initiative is delivering such strong results, giving us the stamina to both continue our efforts in Norway and expand in Denmark through the acquisition of Pavillon,” says […]
Paper distributor launches morning deliveries for e-commerce
The e-commerce service offering has been under the spotlight for a while. Now a newspaper distributor launches morning deliveries six days a week. “We look forward to challenge the market leader PostNord. We have something they do not have, “says Anette Jarlmark, Business Development Manager at MTD. (more…)
Danish electronics chain in deep crisis – will Elkjøp take over?
56 stores Danish electronics chain Fona, founded in 1926, seeks reconstruction. ”The background is the recent years’ extremely intense competition where we unfortunately have been squeezed on our earnings to such an extent that we need a time-out,” says Fona in a letter to its customers. Now, the chain states it seeks a new partner […]
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 a new product range is announced for the Nordic markets where the higher price level products won’t be available in stock in store. (more…)
Mio’s new record year: +22.9 %
Mio reported strong growth during 2015. Sales rose by 22.9 percent overall, and for comparable stores an increase by 20.3 percent. ”It was the fifth year in a row that we grew more than twice as much as the industry,” says CEO Björn Lindblad. (more…)
H&M reached new record profit
H&M has made another record year. Total sales went up 11 percent in local currencies, and the profit of nearly 21 billion SEK is the best so far. ”Sales have developed well for all our brands: H&M, H&M Home, COS, & Other Stories, Weekday, Monki and Cheap Monday,” comments CEO Karl-Johan Persson. (more…)
TDC to change name on store chain
The Danish telecom giant TDC has decided to gather its private market under the YouSee brand. This means 50 stores will change signs and concept. “The decision to merge the brands in the private market and simplify our commercial business, enabling us to simplify our business and the way we work considerably. It will make […]
Byggmax accelerated at the end of 2015
Byggmax can look back on increased turnovers, profit and margins during the year. The last quarter of 2015 was even more succesful – and with the new aquisitions Byggmax online sales are now 20 percent of all sales. (more…)
Stockmann and Lindex Board professional new Chairman of Lyko
Board pro Per Sjödell, formerly H & M manager and Chairman of the Board of Lindex and a Board director of Stockmann, enters as Chairman in beauty chain and online store Lyko. (more…)
JC-breakout chain has switched the signs
Now the new fashion chain Jeansbolaget has removed the JC-signs from the stores and opened 21 stores under their own logo. Shop owners says they left a sinking ship. “JC was on the brink of bankruptcy, we broke loose to avoid it,” says Lars Bergman. (more…)
Woody Bygghandel makes large digital B2B-investment
Building and ironware is a fast rising category online. Swedish B2B-specialist and franchise chain Woody Bygghandel has kept a low profile online so far, but now faces a substantial investment in e-commerce in B2B as a complement to the physical facilities to consolidate its industry position. ”This is a very important investment for Woody Bygghandel as a chain,” says […]
Bianco Footwear sold to Bestseller
Bestseller continues the acquisition-strategy. Now the troubled shoe-chain Bianco becomes a part of Anders Holch Povlsen’s fashion empire. He says an expansion of Bianco’s online and wholesale business is on the list. (more…)
Critical store service as online business is rising for Christmas
One third (33%) of all Swedes made at least half of the Christmas presents shopping online, according to a recent survey. “While the survey shows how critical it is to create an overall concept that the consumer is satisfied with – from order to delivery. The fact that 82% of Swedes would change store if they experience problems […]
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 year (May to December 2015) increased by 5 percent to 5,540 MSEK (5,269). In local currencies, sales increased by 7 percent. Growth in Finland was […]
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 […]