Søstrene Grene: turnover grows by more than 16%. Objective: 500 stores

Another highly positive set of results for Søstrene Grene Holding. The Danish group has just released the figures for the financial year ending at the end of April 2026.

The 2025/26 financial year ended with turnover of 3.322 million kroner (more than 344 million euros) up 16,32% on the previous financial year, when the brand selling homewares, lifestyle products, stationery, office supplies and much more, recorded 2.865 million in local currency, with a change of +31%.

Søstrene Grene, a year of major initiatives

“It was a demanding period, during which we implemented a new ERP system, opened our new distribution centre, measuring 45.000 sq m, in the Netherlands, invested in automated logistics solutions and opened a record 72 new stores across Europe,” reads a statement.

And before the summer, the chain entered three new markets: Poland, Italy (Bolzano, 26 June 2026), with physical stores, and Spain, with a dedicated e-commerce operation.

And the Grene family business will continue to invest. For 2025-2027, the Nordic retailer has set a budget of more than 1 billion kroner, equivalent to 130 million euros.

Venlo, Prologis Park

A platform for central and southern Europe in Venlo

In particular, the Venlo logistics platform, located almost on the border between the Netherlands and Germany and developed in collaboration with Prologis, the owner of Venlo Park, is the first hub outside Denmark and was officially opened on 23 April this year.

It serves to supply both physical stores and the e-commerce operation in central and southern Europe.

The positive result will support the brand’s new expansion plan, which aims to grow from around 400 stores (19 countries covered) to 500 by 2027.

The second Italian store opens in Milanofiori

Turning to Italy, it is worth noting that Søstrene Grene opened its second store on 24 July, with the opening of its second store at the Milanofiori Shopping Centre in Assago.

The store, with a floor area of 268 sq m, thus joined a complex bearing the Klépierre name with a GLA of more than 50.000 sq m, almost 90 tenants and 6 million visitors a year.

This article was translated from the original Italian version with the assistance of artificial intelligence. In case of discrepancies, please refer to the original Italian version.