Clas Ohlson opens new store Iso Omena, Espoo, Finland

Clas Ohlson 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

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

Sampo Päällysaho, Managing Director of Clas Ohlson Oy, Finland, mobile +358 438 244 431

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.

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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