On 2 April 2024, it is 45 years since Lars Larsen, also known as the Tradesman, opened the first JYSK store in Denmark. Five years later, he also opened in Germany, which has since grown to be the largest market for JYSK.
To further support JYSK’s ambitious expansion plans for more stores in Spain and Portugal, the global retail company will strengthen its logistics setup with a new distribution centre in Almenara, south of Castellón.
The turnover for JYSK increased by 6.3 percent reaching DKK 38.5 billion (EUR 5.2 billion) for the financial year 2022/23, setting a new record for the global home furnishing company.
1 September 2023 marks a significant change for the global retail company JYSK. As only the third person in JYSK’s 44-year history, Rami Jensen becomes President and CEO of JYSK after Jan Bøgh.
One year after a JYSK store in Ukraine was hit by a missile attack, the store has now been rebuilt and reopened on Thursday 11 May 2023.
Continuing the expansion to new markets, JYSK will open its first two stores in Türkiye in the first week of May 2023.
For the financial year 2021/22, JYSK reached its highest EBIT result to date of DKK 4.56 billion (EUR 612 million) and increased turnover by 11% to DKK 36.2 billion (EUR 4.87 billion). However, the retail chain is now seeing the first signs of a slowdown in sales due to global challenges.
JYSK takes responsibility and saves on energy in all locations throughout the organisation. This includes a decrease in electricity usage and control of temperature regulating appliances.
JYSK’s new, state-of-the-art distribution centre in Ecser, Hungary, has officially been inaugurated with a ceremony attended by government officials from Hungary and top executives from JYSK.
With a growth of 11 percent, the total turnover for the financial year 2021/22 sets a new record in JYSK, even though a long list of global factors have challenged the business.
In recent years, JYSK has been focusing a lot on expanding the Business to Business part of the company’s sales activities. The focus has paid off, as JYSK on 28 June for the first time passed 1 billion Danish kroner in B2B sales across countries in one financial year.
With a turnover of 4.386 billion EUR, JYSK has once again set a new record in the financial year 2020/21 despite closed stores and restrictions.
As of 1 September 2022, current President & CEO of JYSK, Jan Bøgh, will take up a new position as President & CEO of Lars Larsen Group Retail.
With a small delay, JYSK celebrates the opening of store number 3,000 in Rome, Italy.
During the autumn of 2021, the name DÄNISCHES BETTENLAGER will be changed to JYSK.
Despite a number of special challenges, JYSK found the recipe for success and ended up with an increase in earnings of 15 percent in the financial year 2019/20.
JYSK is stepping up its ongoing work with sustainability with the recruitment of Sam Harrington as Sustainability Manager. His job will be to further drive environmental change throughout the company.
Even though JYSK had not done any marketing, many customers stopped by, when JYSK opened the first store in Moscow on 3 June 2020.
On 3 June 2020, JYSK will open the company’s first store in Russia, when customers are welcomed in the store in Trojka, Moscow.
175 new stores and a large increase in customers meant that JYSK's total turnover in the last financial year grew to 3.794 billion EUR, while EBIT earnings landed at 436 million EUR.