Tag: retailing
High electricity bills didn’t hurt shopping
Norwegian merchants could report another record holiday shopping season, even after (or perhaps because of) another year of Corona restrictions. Sales were up 15...
Holiday shoppers defied Corona
There are few signs that the Corona crisis put a freeze on holiday shopping, with sales brisk at most retail stores and soaring at...
State challenges powerful grocers
Debate has swirled for years over why grocery store prices are so much higher in Norway than most anywhere else. After lots of studies...
Grocers rank high among Norway’s richest
Shipowner and investor John Fredriksen tops an annual listing of Norway's wealthiest individuals once again. Right behind him, though, are owners of two of...
Grocers may win border trade battle
Norwegian grocery stores have been thriving during the Corona crisis, after closed borders and Covid-19 restrictions prevented Norwegians from driving over the border to...
Norwegians go shopping again
Debit- and credit card use among Nordea bank customers in the first week of June was higher than it was before the crisis began...
Gjelsten and Sunde take over Gresvig
Two of Norway's wealthiest men, financier Bjørn Rune Gjelsten and Color Line owner Olav Nils Sunde, are taking over key portions of the bankrupt...
Sporting goods chain files for bankruptcy
Gresvig, one of Norway's largest nationwide sporting goods chains, filed for bankruptcy on Monday. The chain with long roots in the country claimed that...
Sporting goods chain to fade away
Sports retailer Gresvig has long been one of the dominant retailers in Norway, with its G-sport and G-Max chains highly visible all over the...
Retailer shuts down 51 clothing stores
Norway's Varner Group, which runs various men's and women's clothing chains around the country, is giving up on its formerly popular Vivike chain. It...
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