Together with our Council Member today finds us in Stockholm, Sweden meeting with BYGGMAX. They’re a very interesting retail operation. The store format is typical of a Pro Dealer but according to the purchasing director, 80% of their sales come from homeowners rather than contractors. Apparently, the Swedish people are perfectly comfortable taking on very large DIY projects themselves. He claims they can build their own house!
BYGGMAX operates 119 stores in Sweden, Norway, and Finland. Annual revenue is around $420 Million USD.
I was really hoping for some parking lot Swedish meatballs or something but no such luck. Maybe it was way, way too cold!
