Swedish retail giant closes several stores

Swedish retail giant closes several stores

Earlier on Thursday, the fashion giant Odd Molly announced that the company was being declared bankrupt. This after, in the last business year 2022, they made a loss of -18.2 million.

Odd Molly was founded by Per Holknekt.

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Odd Molly goes bankrupt. Photo: Stella Pictures

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The plant is closing stores in several cities

Now the plant chain Plantagen chooses to close its office in Solna and at the same time cut back on the office in Helsingborg. In total, the number of employees in Sweden is expected to decrease by 150 people until the end of the year.

The stores being closed are those located in Länna, Ludvika, Råå, Kalmar and Slagsta.

“This is a heavy message for the talented employees who are affected by the store closures and cutbacks. At the same time, this is a necessary step to secure Plantagen’s future in Sweden,” says the company’s CEO Jesper Lien in a comment.

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Plantagen is closing several stores in Sweden. Photo: Jessica Gow/TT

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