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Friday, October 11, 2024

Tag: retailing

Cash cleared for a comeback

UPDATED: Shops, restaurants, hair salons, cinemas and other retail establishments in Norway had to start accepting cash as payment for goods and services again...

State overrides local officials on IKEA project

Norway's Center Party usually champions local authorities' rights over the state's, except when its farming interests are threatened. That's why Center, which currently shares...

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...
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