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Apple to open state of the art flagship in Stockholm

Apple has found the location of its flagship store in Stockholm. The City of Stockholm is expected to provide the electronics giant permission to build a fully transparent store in Kungsträdgården, the large park in Stockholm city. “Stockholm is a fantastic city of innovation and we feel a great honor to have the opportunity to contribute […]

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90 percent happy customers. Photo: Øystein Schmidt/Elkjøp

947 million operating profit for Elkjøp Nordic

Elkjøp Group is growing – with the Swedish branch of Phonehouse added to the family, Elkjøp Nordic set a new sales record in 2014/2015. Sales increased by two billion NOK, reaching 29.8 billion with an operating profit of 947 million NOK. But also the customer satisfaction is reaching new levels. ”Without customers who likes us it is impossible to […]

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Consolidation in Nordic Zoo market

Finnish Musti ja Mirri became the largest Nordic pet chain, when merged with Swedish Grizzly Zoo three years ago. In December EQT took over the full lead. Now the Finnish chain takes the the next step in Sweden and acquires Zoo Support, owner of the franchise chains Arken Zoo and DjurMagazinet. (more…)

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Odd Reitan: We are more solid than ever

Net income for 2014 shows that Reitangruppen is more solid than ever. Totalomsetningen was 82 billion NOK, an increase of  5 billion from 2013. The last ten years Reitangruppen tripled the operating profit. ”Effective structures and good system operation gives us tremendous power in a demanding market. We use the power to secure 36,611 jobs in the […]

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Scandinavian online stores might be forced to sell to all EU-countries

Discrimination in e-commerce should be stopped. The EU-commission argues – and plans to force Scandinavian online stores to sell to all EU countries. “It will be a huge burden being forced to sell their products to 28 countries with different legislations,” said Danish Ehrverv’s Marketing Director, Henrik Hyltoft. (more…)

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Interview: ”Mall of Scandinavia is a perfect project to validate new ideas”

Mall of Scandinavia in Stockholm is the largest shopping centre project in Scandinavia. But for owner Unibail-Rodamco it is also the perfect tool to try out new innovations and validate ideas for the whole of Europe. For,  Chief Development Officer Olivier Bossard explains why – and why Copenhagen and Helsinki are no favourites. ”Boring […]

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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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Stadium Outlet to be introduced outside Sweden

Despite XXL:s offensive strategy – Stadium is coming out as a winner in the Nordic sports market with a better performance than ever. The Swedish sports chain will focus on Copenhagen in Denmark – and continue the successful expansion in Finland. And a second label might be introduced soon. ”We target both Denmark and Finland with the Stadium […]

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Experrt Raisio-015

Expert-CEO: We have no plans for Sweden

Expert is gathering its forces – for the battle against Elkjøp Group in Denmark, Norway and Finland. But Expert CEO, Lars Christensen, have no future plans for Sweden, and says a takeover of Media Markt-stores would be out of question. ”Their stores are too expensive. We prefer  smaller – but much better stores”, he tells (more…)

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Transforming into Beijer’s new sales machine

Building and construction retailer Beijer is trying out a new light-concept The acquisition of eleven Cheapy units, with smaller store surfaces, gives an opportunity to provide full service using a central multichannel strategy for professionals. ”It will be a sales machine – and a pilot for our Nordic colleagues to follow”, CEO Anders Jakobsson says. […]

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Stockmann exclusive: This is how we will do multichannel better

Stockmann’s sales are decreasing and consumers and experts are critical to their multichannel offer. ”This critic is entitled and fair. But we have a strategy of what to do”, says Tove Westermarck, Distance Retail Director at Stockmann to The strategy has been benchmarked closely to the most successful department store chains in the world. […]

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Interview: Verkkokauppa and multichannel in Finland

Finland’s only listed online retailer has delivered their second official report with a 24,2 percent growth. got a talk with a very national multichannel retailer that is ready to challenge the grocery market. ”We are trying to build something new that has never been done before in Finland”, founder and CEO Samuli Seppälä […]

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New superprofit for Elkjøp Group

Dixons’ nordic chains Elkjøp and Lefdal in Norway, Elgiganten in Sweden and Denmark and Gigantti in Finland delivers a new superprofit to its owner. The Nordic sales for 294 stores int the Elkjøp Group were 2,789.8 million GBP for the year ending April 30th. Last year’s turnover was 2,733.3 MGBP. This year’s profit was 116,9 […]

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Fashion sales online up in June

The estimate Fashion Index from Svensk Handel Stil shows that Swedish sales of clothes in specialist shops, measured in comparable units and at current prices, rose by only 0.1 percent compared to the same month last year. The corresponding figure for sales in shoe stores show an increase of 0.6 percent. Developments so far this […]

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Olav Thon takes a giant step into Sweden

Olav Thon has been standing on the hall carpet for a while. Now the Norwegian real estate giant takes a giant step into the Swedish room and buys five Swedish shopping centers, 
 Familia (Hyllinge/Helsingborg, 15769 sqm), Etage (Överby/Trollhättan, 16604 sqm), Mirum (Hageby/Norrköping, 39122 sqm), Mitt i City (Karlstad, 16010 sqm) and Sollentuna Centrum (Sollentuna, […]

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