INSJÖN, Sweden--(BUSINESS WIRE)--Regulatory News:

Clas Ohlson (STO:CLASB) will move the store at Åsane Shopping Centre to Horisont Shopping Centre, a shopping centre under construction in Åsane, Norway. Clas Ohlson has been happy with the development of the store in the current location in Åsane so far, but we would like to move to a larger store with an even better location.

The new store is scheduled to open in November 2014 and the retail space will amount to a total of 1,650 square metres. The store’s catchment area comprises approximately 40,000 residents.

About Clas Ohlson

Clas Ohlson was founded in 1918 as a mail order business based in Insjön, Dalarna, Sweden. Today, the company has 178 stores in four countries and sales via the Internet, mail order, telephone and social media. Clas Ohlson helps its customers solve everyday practical problems with a range of affordable products in the five product areas: Hardware, Electrical, Home Multimedia and Leisure categories. The company is listed on the OMX Nordic Exchange and has approximately 4,300 employees. For further information about Clas Ohlson, visit http://about.clasohlson.com (financial information) or http://www.clasohlson.com (e-commerce).

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