SWEDEN: ICA December stores sales increased by 4.3%

Solna, Sweden, 2018-Jan-11 — /EPR Retail News/ — Sales in ICA stores increased by 4.3% in December 2017 compared with the corresponding month the year before. Sales in like-for-like stores increased by 3.6%. December 2017 January – December 2017 Store sales excl. VAT Mkr Change all stores Change like-for-like Mkr Change all stores Change like-for-like Maxi ICA Stormarknad […]

Zalando sent out the first parcel from its fulfillment center in Brunna, Sweden

Zalando sent out the first parcel from its fulfillment center in Brunna, Sweden   Berlin, 2017-Oct-20 — /EPR Retail News/ — Zalando, Europe’s leading online fashion platform, sent out the first parcel from its fulfillment center in Brunna yesterday. Earlier in May this year, Zalando fruitfully completed its location search for the first Nordic fulfillment […]

Zalando to open its first Nordic fulfillment center in Sweden later this year

Zalando to open its first Nordic fulfillment center in Sweden later this year   BERLIN, Germany, 2017-May-25 — /EPR Retail News/ — Zalando, Europe’s leading online fashion platform, successfully completed its location search to open its first Nordic fulfillment center in Sweden later this year. Together with the developer NREP Logicenters, Zalando will build a fulfillment […]

Amazon Web Services to open an infrastructure region in Sweden in 2018

New AWS Infrastructure Region will enable customers to run workloads in Sweden and serve end-users across the Nordics with even lower latency SEATTLE, 2017-Apr-07 — /EPR Retail News/ — Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), today (Apr. 4, 2017) announced that it plans to open an infrastructure region in Sweden in 2018. […]

Citycon divests retail property Länken in Umeå, Sweden

Helsinki, 2016-Dec-23 — /EPR Retail News/ — Citycon has signed an agreement to sell its share in the retail property Länken in Umeå to a Swedish real estate company. Citycon’s proceeds from the transaction are approximately EUR 24 million and subject to closing adjustments related to the ongoing (re)development in the property. The purchase price is […]

Klépierre subsidiary Steen & Strøm completes sale of its stakes in two shopping centers in Norway and Sweden

Paris, 2016-Nov-09 — /EPR Retail News/ — Klépierre today (November 7, 2016) announces that Steen & Strøm, its 56.1%-controlled subsidiary, has completed the sale of its stakes in two shopping centers: 49.9% of Åsane Storsenter in Bergen, Norway (49,604 sq.m.) and 100% of Torp Köpcentrum1 in Uddevalla, Sweden (31,600 sq.m.) for a total consideration of 235 […]

Lindex expands Reuse and recycle initiative at all its stores in Sweden and Norway

Lindex expands Reuse and recycle initiative at all its stores in Sweden and Norway   Gothenburg, Sweden, 2016-Aug-22 — /EPR Retail News/ — Lindex launches the possibility for their customers to hand in used textile for recycling and reuse in all stores in Sweden and Norway. Reuse and recycle is a part of the company’s long […]

Citycon CEO KOKKEEL on 1H2016: stable financial results driven by the good performance in Sweden and Norway

HELSINKI, FINLAND, 2016-Jul-17 — /EPR Retail News/ — APRIL-JUNE 2016 – Gross rental income increased to EUR 62.2 million (Q2/2015: 46.6) mainly due to the acquisition of Norwegian shopping centre company Sektor Gruppen AS (Sektor) in July 2015. Gross rental income of Citycon’s Norwegian operations amounted to EUR 20.9 million. The acquisition also increased net […]

WWF and H&M announce global partnership

Today on World Water Day, conservation organization WWF and fashion retailer H&M are proud to announce a five year global partnership. The new agreement expands the successful partnership from 2013, focusing on water stewardship, to also include climate action and a strategic dialogue related to H&M’s and the fashion industry’s broader sustainability challenges. This marks […]