INSJÖN, Sweden--(BUSINESS WIRE)--Regulatory News:
Clas Ohlson (STO:CLASB) has signed a contract regarding a new store at Stovner in Oslo, Norway. The retail space will amount to 750 square metres. The store’s catchment area comprises approximately 130,000 residents. The store is scheduled to open in November 2016.
During the 2015/16 financial year, Clas Ohlson plans to establish a total of 10-15 new stores. The total number of future store establishments under contract is 15. Clas Ohlson currently offers online shopping in all its markets and has a total of 200 stores, of which 82 are situated in Sweden, 73 in Norway, 32 in Finland, 12 in the UK and a franchise store in Dubai.
Future store openings
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
Sandefjord, scheduled to open in September 2015
Svolvær, scheduled to open in August 2016
Stovner, Oslo, scheduled to open in November 2016
Iso Omena, Espoo, scheduled to open in October 2015
Mylly Shopping Centre, Raisio, scheduled to open in November 2015
Kaivotalo, Helsinki, scheduled to open in October 2016
St Albans, London, scheduled to open in September 2015
Ealing, London, scheduled to open in January 2016
Jungfernstieg, Hamburg, scheduled to open in summer of 2016
Altona, Hamburg, scheduled to open in autumn of 2016
Alstertal, scheduled to open in autumn of 2016
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 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.
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