THE RETAIL BULLETIN - The home of retail news
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
THE Retail Conference 2022
Retail Women In Leadership 2022
Digital Transformation Strategy 2022 Part 2
Omni Channel Futures 2023
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
JYSK sets out next stage of international expansion

Danish furniture retailer JYSK is pushing forward with its expansion plans both in the UK and Europe. In a statement, the company said it believes wholeheartedly… View Article

GENERAL MERCHANDISE

JYSK sets out next stage of international expansion

Danish furniture retailer JYSK is pushing forward with its expansion plans both in the UK and Europe.

In a statement, the company said it believes wholeheartedly in the future of physical retail and will open at least two new stores in the UK before the end of 2021 and open five new shops and update several existing stores in its upcoming financial year. It is also planning to launch 200 new stores across Europe.

Roni Tuominen (pictured), country manager for JYSK in the UK, said: “As the UK continues to emerge from the restrictions caused by the pandemic, we are seeing increasing confidence from customers to come and shop back in store once again. It’s the perfect time for us to push forward with full throttle on our plans for expansion within the UK market. Alongside introducing JYSK to some exciting new locations in the UK, we’re investing significantly in upgrading several more of our stores to our latest store concept 3.0, bringing a fresh new look and enhanced customer experience to our shoppers.”

As part of the expansion, JYSK is seeking properties spanning 13,500 to 15,000 square feet.

Meanwhile, recent sales data from the company shows that on average JYSK stores operating in the latest concept design have grown their sales by as much as 20%. The retailer is aiming to update all stores globally to the newest store concept by the end of 2024.

 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

THE NEXT EVENT

See all upcoming events

LATEST VIDEO

UKG LifeWork ALL: Register your place now to hear more. RETAIL HR 21 Sept LONDON
UKG LifeWork ALL: Register your place now to hear more. RETAIL HR 21 Sept LONDON

Watch video >