After it has managed to deliver an account with a significantly smaller deficit than usual, will the norskejede elektronikkæde Power to re-open new department stores in Denmark.

Last year, otherwise put a stop to the violent plans for extensions, the Norwegian owners and storbanken DNB pulled in the brake due to a loss of more than half a billion dollars in the period 2014 to 2017.

– Last year we had to recognize that we were going to have to pull the handbrake on the expansion and concentrate on the shops, we had just opened. But now we’re on the record time, become profitable, and therefore, there is again backing from the owners, we can expand, says ceo of Power Jesper Boysen for the Danish business daily Børsen.

the Competitor, who must now look over his shoulder again, his former employer Elkjøp. Concretely, the Power to open some of the stores, as the chain previously have feel compelled to drop.

In the year and next year, expect Power to open seven new stores in Copenhagen, Køge and Esbjerg.

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Up to seven new department stores expect the Power to open during 2019 and 2020. Photo: Ernst van Norde

Previously Jesper Boysen announced that Power has asked landlords to draw a map of the Elgigantens shops. But despite the announcement, it improved accounting and plans to open seven new stores, and then shaking in his pants at Elkjøp.

– of course We can see that there comes a big bang, when Power opens, but when it becomes everyday again, and it immediately seems that we have a good momentum in our stores, says Elkjøp-director, Peder Stedal to Børsen.

In 2017, the had Power an operating loss of 108 million, but in 2018 was the deficit was reduced to 7.6 million. In 2016, reported the Power out, that you would grow by a billion a year over the next three years, but in 2018, the Powers of the turnover only increased by 72,4 million compared to 2017.