Hemtex to divest store portfolio in Norway
The home textile chain Hemtex has performed a thorough analysis during the year aimed at mapping the Group’s market situation in and outside Sweden. Based on this work, Hemtex disclosed in its year-end report, which was issued on February 16, 2010, that the Group is to implement a responsible divestment of Group stores in Denmark, reduce the number stores in Finland by approximately half and review the store portfolio in Norway. This review has now been completed. Accordingly, the Group has decided to implement a responsible divestment of all ten stores in Norway.”The divestment of
