Clas Ohlson opens new store at Värmdö in Sweden

Clas Ohlson has signed a contract regarding a new store in Värmdö Centre, Stockholm, Sweden. The retail space will amount to 1,051 square metres. The store’s catchment area comprises approximately 39,000 residents and the store is scheduled to open in June 2015.

In the current 2014/15 financial year, Clas Ohlson plans to establish 10-15 new stores. The number of future store openings contracted amounts to a total of 8 stores. With current 196 stores and 8 contracted stores, Clas Ohlson will have a total of 204 stores, of which 84 in Sweden, 74 in Norway, 33 in Finland, 12 in the UK and one in Dubai.

Future store openings

Sweden

Värmdö Centre, Stockholm, scheduled to open in June 2015

Center Syd, Löddeköpinge, scheduled to open in October 2015

Uddevalla Torp, Uddevalla, scheduled to open in spring 2016

Umeå Syd, Umeå, scheduled to open in spring 2016

Norway

Halden, scheduled to open in February/March 2015

Sandefjord, scheduled to open in March 2015

Vinterbro, scheduled to open in March 2015

Finland

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

For more information, please contact:

Sara Kraft Westrell, Director of Information and Investor Relations, phone +46 247 649 13

Bo Heyman, Senior Advisor Retail Expansion, mobile +46 70 597 44 90

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 7 billion SEK and over 4,700 employees. Visit Clas Ohlson at www.clasohlson.com.

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About Us

Clas Ohlson was founded in 1918 as a mail order business based in Insjön, Sweden. This year, we are celebrating 100 years as a business with customers in five markets, approximately 5,000 co-workers and annual sales of approximately 8 billion SEK. Our share is listed on Nasdaq Stockholm. A lot has happened since the start in 1918, but one thing has remained the same over the years; that we want to help and inspire people to improve their everyday lives by offering smart, simple, practical solutions at attractive prices. Read more about our history on clasohlson100.com/en or visit about.clasohlson.com for current events and information.

Contacts

  • Clas Ohlson