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Archive | Sweden

Undramatic Swedish fashion sales in March

Style index from Svensk Handel Stil shows that sales of clothing in the dealer channel, measured in comparable units and in current prices, fell by 0.3 percent in March compared with the same month last year. The corresponding figure for sales in shoe stores show a decrease of 3.8 percent. So far this year, from January […]

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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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AMF to change office to Mood-block

AMF Fastigheter’s urban development strategy also contains the company itself. Now AMF moves its office into the block containing the Mood-mall and gets Regeringsgatan 59 as new adress. The office, covering 1700 square meters on two levels, is aimed to be a natural meeting place and center for employees and visitors. (more…)

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Media Markt_1861

Media Markt: ”We are ready to expand in Sweden again”

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 have doubled – and points to a 67 million improvement despite  230 million SEK in losses last year. “We can confirm that the business is developing according […]

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Biltema to open its largest store at Infracity

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 in the area,” says Anneli Borg Lundgren, CEO of Biltema. (more…)

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Dansk Supermarked to invest billions in expansion and refurbishing

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 than a billion will be invested in Denmark. This was announced with the annual result in European top class. (more…)

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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 […]

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Beijer Bygg acquires craftsmen broker

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 strengthen Beijer’s position in e-commerce. (more…)

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Jula to follow up customer loyalty program success with pro-club

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 key role in our endeavors to always meet the customer in the right way, “says Joachim Frykberg, CEO of Jula AB. (more…)

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ÖoB seeks new neighbors

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 that we complement each other,” says ÖoB’s establishment director Josef Sommarkrans. (more…)

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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…)

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NRF sells four Swedish shopping centers

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 Nyköping which is divested.  (more…)

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3D Map Of Sweden

Strong Swedish retail sales in February

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 of 6.4 percent, while durables increased by 10.8 percent. In constant prices and working day adjusted the retail trade sales volume increased by 3.9 percent in […]

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Despite weaker currency – border trade boosted again

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 is weakened imported goods gets more expensive in Norway. Norwegian traders have raised prices a lot, especially on food, “says Lars Erik Eröy, center manager […]

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Joy sold to MQ

MQ acquires the Swedish Joy-chain with 54 stores. ”Women in the 50+ age group account for more than half of the Swedish womenswear market and are today the market’s fastest growing customer group,” says MQ CEO Christina Ståhl. (more…)

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3D Map Of Sweden

Swedish retail forecast set lower than 2015

After the strongest retail growth in eight years, the forecast for Sweden 2016 is 4.0 percent. ”Retail sales have grown every year since 1997 and will do so again this year,” said Michael Cronholm Consultant on HUI Research. Inhibiting factors like higher taxes and stricter amortization requirements, however, that growth will be lower than last […]

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