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Clas Ohlson
Swedish home improvement retail chain
Swedish home improvement retail chain
| Field | Value |
|---|---|
| name | Clas Ohlson AB |
| logo | Clas Ohlson.svg |
| logo_size | 200px |
| image | Former Clas Ohlson store in Manchester.jpg |
| image_upright | |
| image_caption | Clas Ohlson store in Manchester |
| (closed 2018 or 2019) | |
| type | Publicly traded Aktiebolag |
| traded_as | |
| industry | Retail |
| foundation | in Sweden |
| founder | Clas Ohlson |
| location | Insjön, Dalarna, Sweden |
| revenue | SEK 8,211 million (2017/2018) |
| num_employees | 5,000 (2017/2018) |
| homepage |
(closed 2018 or 2019)
Clas Ohlson is a Swedish home improvement chain and mail-order firm that specialises in hardware, home, leisure, electrical and multimedia products. It is one of the biggest of its type in Scandinavia, with more than 230 Clas Ohlson stores as of May 2020. Stores also exist in Norway and Finland. Many of the products sold in the stores are own-label items. The company uses the house brands of Asaklitt (luggage and travel ware), Capere (bathroom supplies), Cocraft (DIY tools), Cotech (electrical tools), Coline (household electrical items), Exibel (household electrical items) and Clas Ohlson (all departments).
History
The company was founded in 1918 by the technically minded (1895–1979), as a mail order business based in the Swedish village of Insjön, Dalarna.
The first store outside Sweden was opened in 1991 in Oslo, Norway and in 1999, the company was listed on the Stockholm Stock Exchange.
The first store in Finland was opened in 2002 in Helsinki and in 2008, the company opened its first UK retail store in Croydon, England.
In 2014 the company entered a joint venture with Kuwait's Al Homaizi group. In May that year, the company opened the first Clas Ohlson branch outside Europe, a store in Dubai's Mirdif City Centre. It was, the Swedish company said, "a first step into the fast-growing Gulf Co-operation Council region". The livestock-to-sportswear Al Homaizi group had in 1987 opened a flat-pack furniture store in Kuwait with Swedish retailer IKEA, under whose name the store traded. The Dubai branch later closed, with Clas Ohlson focusing on European expansion.
In 2016, Clas Ohlson continued its expansion by opening stores in Hamburg, Germany; these stores closed following an announcement in 2018 from the company that its German stores, plus its remaining UK store - located in Reading - would cease trading.
References
References
- "History of Clas Ohlson".
- "About Us: In Short".
- (April 2018}} but it was not until 1989, when the company opened a store in a shopping centre in central [[Stockholm]], that it expanded into the retail business.{{cite web). "History". Clas Ohlson.
- "store locator - Clas Ohlson - Clas Ohlson".
- Simpson, Craig. (13 August 2018). "One-time flagship Clas Ohlson shop in Croydon will close in a matter of days". Croydon Advertiser.
- [http://ae.clasohlson.com/ae/2014/05/02/Clas-Ohlsons-first-store-outside-of-Europe-is-now-officially-open/2 ''Clas Ohlson’s first store outside of Europe is now officially open'', Clas Ohlson group website, 2 May 2014] {{Webarchive. link. (11 April 2015 . Retrieved: 5 April 2015.)
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