Clas Ohlson is currently in the process of restructuring its store network and putting this to the test. "Due to changing consumption patterns, we will change both the number of stores and their orientation at a faster pace," said Lotta Lyrå, president and CEO. The decision has been taken to close four stores in Finland and one in Sweden, while the four stores in Germany have also been closed. There are currently three stores still operating in Great Britain.
In the first quarter (May to June) of fiscal 2019/2020, Clas Ohlson's sales increased overall by 4 per cent to SEK 2.044 bn (EUR 191 mio). Sales in comparable units also rose by 4 per cent, while online sales increased by 20 per cent to SEK 112 mio (EUR 10 mio).