A Clas Ohlson AB and an InterSport International Corp. retail store stand side by side on Drottninggatan shopping street in Stockholm, Sweden. (Photographer: Johan Jeppsson/Bloomberg)

Clas Ohlson Throws In Towel in U.K., Germany by Closing Stores

(Bloomberg) -- Swedish home improvement chain Clas Ohlson AB will close all its stores in the U.K. and Germany following years of losses at its operations there and as the retail market increasingl...