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Clas Ohlson also makes less online in September

Clas Ohlson has 228 stores in Sweden, Norway and Finland.

Clas Ohlson has 228 stores in Sweden, Norway and Finland.

The Swedish Clas Ohlson group recorded a drop in sales of 8 per cent in September. In local currencies, the ("organic") decline amounted to 3 per cent compared to the same month last year, this was also -3 per cent like-for-like. The number of locations has reduced by three to 228 since then.

Online sales have also declined by 6 per cent. Lotta Lyrå, president and CEO, states that the reason for this is the implementation of a new inventory management system.

In the period from May to September, sales in e-commerce still lay at around 42 per cent over the corresponding previous year's level. However in these five months, overall sales by Clas Ohlson sank by 2 per cent to SEK 3.392 bn (EUR 327 mio), yet in contrast, rose by 3 per cent in local currencies.

|16 October 2020 | 10:33


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