CLas Ohlson Opens New Store Iso Omena, Espoo, Finland

INSJÖN, Sweden--()--Regulatory News:

Clas Ohlson (STO:CLASB) has signed a contract regarding a new store in Iso Omena, Espoo, Finland. The retail space will amount to 1,144 square metres. The store’s catchment area comprises approximately 202,000 residents. The store is scheduled to open in October 2015.

In the 2015/16 financial year, Clas Ohlson plans to establish 10-15 new stores. The number of future store openings contracted amounts to a total of 10 stores. With current 198 stores and 10 contracted stores, Clas Ohlson will have a total of 208 stores, of which 86 in Sweden, 75 in Norway, 34 in Finland, 12 in the UK and one franchise store in Dubai.

Future store openings

Sweden

Värmdö Centre, Stockholm, scheduled to open in June 2015

Bergvik Shopping Centre, Karlstad scheduled to open in August 2015

Center Syd, Löddeköpinge, scheduled to open in October 2015

Mall of Scandinavia, Solna, Stockholm scheduled to open in November 2015

Uddevalla Torp, Uddevalla, scheduled to open in spring 2016

Umeå Syd, Umeå, scheduled to open in spring 2016

Norway

Sandefjord, scheduled to open in autumn 2015

Svolvær, scheduled to open in August 2016

Finland

Iso Omena, Espoo, scheduled to open in October 2015

Mylly Shopping Centre, Raisio, scheduled to open in November 2015

Clas Ohlson was founded in 1918 as a mail order business based in Insjön, Dalarna, Sweden. Today, the company is trading in five countries offering outstanding service via its approx. 200 stores, web shop, catalogue and telephone sales channels. Clas Ohlson helps its customers solve every day practical small problems with a wide range of affordable products in five product areas: Hardware, Electrical, Home, Multimedia and Leisure. The company is listed on the Nasdaq OMX Nordic Exchange, has sales of over 7 billion SEK and over 4,700 employees. Visit Clas Ohlson at www.clasohlson.com.

This information was brought to you by Cision http://news.cision.com

Contacts

Clas Ohlson
Sara Kraft Westrell,
Director of Information and Investor Relations,
phone +46 247 649 13
or
Bo Heyman,
Senior Advisor Retail Expansion,
mobile +46 70 597 44 90
or
Sampo Päällysaho,
Managing Director Finland,
mobile +358 438 244 431

Contacts

Clas Ohlson
Sara Kraft Westrell,
Director of Information and Investor Relations,
phone +46 247 649 13
or
Bo Heyman,
Senior Advisor Retail Expansion,
mobile +46 70 597 44 90
or
Sampo Päällysaho,
Managing Director Finland,
mobile +358 438 244 431