Sports chain closes up shop in Denmark

Stadium has been running at a loss year after year

The Swedish sports chain Stadium is pulling out of Denmark after years of losses at its eight stores.

The Stadium shop locations will be taken over by the Jutland-based sports chain Sport24 as of October 1.

“Sales in Denmark haven’t met expectations,” Karl Eklöf, the CEO of Stadium, told Jyllands-Posten newspaper.

“As a result, Stadium’s board made the strategic decision in July to leave the market.”

READ MORE: Norwegian sports giant coming to Denmark

16 years and done
Stadium, which opened its first shop in Denmark in 2000, will still have shops in Sweden, Finland and Germany.

Sport24, which currently operates 45 shops in Jutland, is delighted to gain a foothold in the market in Zealand.

In the future, it will take over the Stadium shops in Fields, Lyngby Storcenter, Fisketorvet, Rødovre Centrum, Glostrup Centret and RO’s Torv in Roskilde.

“We will realise an important target by acquiring a strong and serious imprint on Zealand and the Copenhagen area in particular by taking over the Stadium shops,” said Henrik Bruun, the head of Sport24.

TOP STORIES

  • Danish Intelligence Service: Threat from Russia has intensified

    Danish Intelligence Service: Threat from Russia has intensified

    In the internal Danish waters, Russia will be able to attack underwater infrastructure from all types of vessels. The target could be cables with data, electricity and gas, assesses the Danish Defense Intelligence Service

  • Denmark to explore screening citizenship applicants for anti-democratic sentiments

    Denmark to explore screening citizenship applicants for anti-democratic sentiments

    A few weeks after Alex Vanopslagh’s comments about “right values,” the government announced that an expert committee would be established to examine the feasibility of screening citizenship applicants for anti-democratic attitudes.

  • The Future Copenhagen

    The Future Copenhagen

    The municipality plan encompasses building 40,000 houses by 2036 in order to help drive real estate prices down. But this is not the only huge project that will change the shape of the city: Lynetteholmen, M5 metro line, the Eastern Ring Road, and Jernbanebyen will transform Copenhagen into something different from what we know today

  • It’s not you: winter depression is affecting many people

    It’s not you: winter depression is affecting many people

    Many people in Denmark are facing hard times marked by sadness, anxiety, and apathy. It’s called winter depression, and it’s a widespread phenomenon during the cold months in Nordic countries.

  • Crime rates are rising, but people are safer

    Crime rates are rising, but people are safer

    Crime in Denmark is increasing for the second consecutive year, but it is more focused on property, while people appear to be safer than before. Over the past year, there were fewer incidents of violence

  • Novo Nordisk invests 8.5 billion DKK in new Odense facility

    Novo Nordisk invests 8.5 billion DKK in new Odense facility

    Despite Novo’s announcement that its growth abroad will be larger than in Denmark, the company announced this morning an 8.5 billion DKK investment for a new facility in Odense. This is the first time the company has established a new production site in Denmark this century.

Connect club

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

Sign up here

Career

Want to advertise your job with CPH Post?

Contact us

Jobs