All Denmark articles – Page 2
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NewsHotel Chocolat swings to profit after sales growth and cost controls
Hotel Chocolat has swung to a full-year profit driven by tighter control of costs and sales growth within its stores and online.
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NewsHotel Chocolat to launch new website as it ramps up overseas expansion plans
Hotel Chocolat is poised to launch a new-look website in a bid to ramp up its expansion plans and build on its “best Christmas ever.”
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NewsDanish Government pushes to scrap law requiring retailers to accept cash
The Danish Government has proposed plans to scrap the law requiring retailers to accept cash as payment.
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NewsJewellery retailer Pandora reports strong global growth
Jewellery retailer Pandora recorded a 39.5% increase in net profit in 2014, driven by the broadening of its portfolio of products.
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NewsValue retailer Tiger appoints Xavier Vidal as new chief executive
Value retailer Tiger has today appointed former Body Shop director Xavier Vidal as its new chief executive.
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NewsMySale full-year sales grow as it buys stake in Scandinavian rival
Etailer MySale, which counts Sir Philip Green and Mike Ashley among its investors, grew its full-year profits and has snapped up 60% of Invite to Buy.
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NewsSuperGroup buys Scandinavian distributor as it pursues overseas growth
Fashion specialist SuperGroup has acquired its Scandinavian distributor, Smac Group, for an undisclosed sum.
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NewsAnalysis: Why Sainsbury's and Netto are launching a discount chain
Four years after selling its 193 UK stores to Asda for £778m, Danish discounter Netto is back for a second bite at the market – this time in partnership with Sainsbury’s.
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NewsDanish homewares retailer Tiger to open first Welsh store
Danish homewares retailer Tiger has signed for its first store in Wales in the St David’s shopping centre in Cardiff.
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AnalysisInnovation watch: Copenhagen's Torvehallerne is a multi-sensory foodie paradise
A mix of outdoor market and indoor food hall, Torvehallerne is a multi-sensory foodie’s paradise in central Copenhagen.
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AnalysisAnalysis: SuperBrugsen’s Concept 15 store proves remarkably successful
Picture this. You’re a mature Danish food retailing business. Your store count is in the hundreds and you’re showing rapid growth in terms of like-for-like sales, at close to 8% for the current year.
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News
Central Retail Corporation buys Copenhagen department store
Thailand-based multi-format operator Central Retail Corporation has entered Denmark by acquiring Illum, a famous Copenhagen department store.The company plans to invest THB2bn (£45m) to renovate the store over the next four years. Central Retail chief executive Tos Chirathivat said the renovation would help Illum boost its income from THB5bn (£112.6m) ...
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News
Lidl “first and fastest” to open on Sundays
Schwarz Group’s Lidl has begun opening on Sundays in anticipation of changed legislation in Denmark.As of last week, all Danish Lidl stores were open on Sundays, the retailer has said, adding that it has been the “first and fastest” to do so.The new laws on store opening hours that will ...
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Lidl to open new Danish distribution centre
Discounter Lidl plans to open a new distribution centre in the country. It has bought a plot in Køge for a 915,000 sq ft facility.The warehouse is due to come onstream in 2014 and will create 200 jobs. Separately, Lidl Denmark said it intends to focus more on female shoppers, ...
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Dansk aims to overtake Lidl
Dansk Supermarket and its Sweden-based banner Netto is aiming to overtake Lidl to become the largest hard discounter in the country. Chief executive Jan Richter revealed the chain will look to open 30 new outlets a year until 2015, and expects to surpass Lidl in terms of store numbers during ...
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Dansk total revenue up 3.5% to £6.7bn last year
Dansk Supermarked’s total revenue increased 3.5% to DKr59.3bn (£6.7bn) in 2010, while profit after tax amounted to DKr2.22bn (£254m). Turnover in Denmark rose 1.4% last year, and majority owner A P Møller-Mærsk Gruppen said the retailer increased its market share in groceries. Revenue outside Denmark experienced a growth of 8.3%, ...
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Dansk Supermarked sales up 3% to £4.93bn
Netto-owned Dansk Supermarked has reported sales up 3% to DKK43.2bn (£4.93bn) in the first nine months of 2010, up from DKK41.8bn (£4.77bn) during the same period last year. Net income was DKK1.36bn (£152.9m), a rise of 2% on last year. Dansk Supermarked majority owner A P Møller-Maersk said in a ...
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Pandora raises £1.3bn through IPO
Jewellery manufacturer and retailer Pandora had a successful IPO raising $2.1bn (£1.3bn). Demand was high as the company continues to grow sales in Europe and the US, where its charm bracelets are becoming increasingly popular.
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GalleryCopenhagen stores: Retail’s Great Danes
There’s a lot more to the retail panorama in the Danish capital than stripped pine and bright colours. John Ryan reports on Copenhagen’s retail scene
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