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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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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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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…)

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K-Citymarket to open bicycle pop-up stores

Three K-citymarkets open bicycle pop-up stores in cooperation with the Suomen Polkupyörätukun . The service is a new type of Finland. Customers at K-citymarket hypermarkets will be able to enjoy a wide array and a number of different bicycle types. Pop-ups in Karisma Lahti, Seinäjoki and Oulu Joupissa Kaakkuri  will be open during the season from March to the end of […]

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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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Kesko to reform all K-citymarkets

K-citymarket’s Finnish comprehensive reform has started, all the stores are to be renewed after the local customers wishes by the end of 2018. “The K-citymarket chain reform are utilized by a new way of customer feedback and store-specific customer information. The aim is to make each one of 81 store look unique to its customer base , two K-citymarkets won’t […]

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Kesko grew on all areas

Kesko Group’s sales in February 2016 totalled 656.8 million EUR. In comparable terms excluding Anttila, sales increased by 5.6 percent in local currencies. “In February, Kesko’s sales increased in all strategic growth areas: the grocery trade, the building and home improvement trade, and the car trade,” says Kesko’s President and CEO Mikko Helander. (more…)

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