7 Best Places to Shop in Greater Reykjavík, Reykjavík

Knitters, listen up: Storkurinn sells locally sourced wool in all colors. The inventory of imported wool is certainly larger, but this is the place if you're looking to find some local yarns for your next project.

This respected outerwear brand has been keeping Icelanders warm since 1926. The outlet shop is a good way to save a few dollars without skimping on quality. And what better place to buy your cold-weather gear than a country straddling the Arctic Circle?

This mall has a number of charming clothing stores and a movie theater, as well as good places to get souvenirs. It's on the east side of town at the intersection of Miklabraut and Kringlumýrarbraut. Kringlan's free shuttle bus departs from the tourist information center (Aðalstræti 2) at 11 and 2, Monday through Saturday; the return trip departs Kringlan at 1:30 on weekdays.

What began as an online shop offering a variety of skincare products and well-made accessories is now a beautiful brick-and-mortar store. It's the perfect spot for design-conscious travelers on the search for a souvenir or two.

Those planning to spend a few nights under the stars can skip the tent when packing their bags (more room for souvenirs!) and just rent one here. The professionals at Rent a Tent know exactly what kind of gear you're going to need to face the elements.

One of Iceland‘s two major shopping malls, Smáralind (pronounced smow-ra-lind), is in Kópavogur, a community neighboring Reykjavík to the south. It's huge—you'll find 90 stores across three floors—and houses, among other stores, British-based Debenhams as well as Iceland's own hypermarket chain, Hagkaup. From Reykjavík, you can take the S2 or 24 bus, but for a bit more than ISK 2,000, you can take a cab and save a lot of precious shopping time.

If you plan on spending time outdoors, this is a one-stop shop for all the items you'll need. Útilíf carries basic gear and clothing for hiking, climbing, walking, and other outdoor sports.