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Kappahl recruits new country manager from Jysk

Laura Kiianlinna-Tunkelo has been appointed Country Manager for KappAhl in Finland and will from 4 April lead and develop the sales organization in KappAhl’s 60 stores in Finland. She has extensive experience in sales, service and leadership in the retail sector, most recently as country manager at Jysk in Finland. Before that, she has also been […]

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Clas Ohlson, Ealing UK.

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 […]

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Clas Ohlson, Ealing UK.

Clas Ohlson set November record

Clas Ohlson had a highly favourable start to Christmas shopping. Sales in November increased by 8 percent to 809 MSEK, with a particularly favourable performance in Finland where sales increased by 19 per cent in local currency. CEO Klas Balkow says weakening currencies is a challenge, but earnings is on par with the preceding year’s level. (more…)

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Akademibokhandeln’s new owner approved

Accent Equity’s acquisition of Akademibokhandeln is now approved by the Swedish Competition Authority. The investment fund Accent Equity’s acquisition of Akademibokhandeln AB from former principal owner of KF and 65 former shareholders have accepted the Fund’s offer to sell its shares in the company. Accent will after completion own approximately 70 percent of Akademibokhandeln Group. Kilbergs bookstore and Stiftelsen […]

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Akademibokhandeln

Sold: Sweden’s largest bookstore chain

Akademibokhandeln AB is now sold to to Accent Equity 2012. Cooperative Union, KF, is selling its stake of 65 percent and most minority owners will follow. ”Our ambition is to assist management in developing Akademibokhandeln into a modern bookstore in class,” says Niklas Sloutski, CEO of Accent Equity Partners (more…)

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Teknikmagasinet-butik

Teknikmagasinet to roll out eleven new Scandinavian stores

Today Teknikmagasinet rolls out the first of eleven planned stores. The expansion begins with a new store at Kullagatan in Helsingborg and after this comes several new openings in Sweden, Norway and Finland. ”In particular we are pleased to have a larger presence in Finland, where we will increase from seven to eleven stores. The development […]

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Danish bookstore group recruits new CEO from XL-Bygg

Indeks Retail has found a new CEO. 47-year-old Marianne Pedersen, who takes the chance to lead bookstore chain Bog & idé, Legekæden, Bøger & papir and BOGhandleren. Former CEO, Henrik Christensen, was kicked out before Christmas. Marianne Pedersen comes from a position as purchasing manager in Ditas and XL-Bygg. ”The Board of Directors has elected Marianne Pedersen because she is an energetic […]

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Akademibokhandeln profitable again

Akademibokhandeln, with subsidiary Bokus, made a strong 2014 and reports a profit of 36.3 million SEK, an improvement of 79.5 million, compared to 2013. This means the bookstore chain is profitable for the first time since 2007. (more…)

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Top-Toy looks for a partner

Toys sales are peaking at this time of the year. So is the sale of Scandinavia’s largest toy company, Top-Toy, who wants be go outside Scandinavia in the future. ”We have reached the conclusion that we can not continue to be 100 percent family-owned or family-run, ” says Peter Gjørup. (more…)

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Ark: This is how we will stand up to Amazon

Norwegian bookstore chain Ark is growing – especially online. But Amazon’s shadow is all over the future of Norwegian bookstores. ”If you make a customer shop on our website, it might be the most important thing you do for Ark”, says John Tørres Thuv, CEO of Ark bokhandel. (more…)

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