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Coop Norden

From Wikipedia, the free encyclopedia
Coop Norden AB
Company typeSubsidiary
IndustryRetail
PredecessorNordisk Andels Forbund (NAF)
Founded1918 (NAF)
2001 (Coop Norden)
Defunct2008
FateDissolved
Headquarters,
Area served
Sweden
Norway
Denmark
Greenland
Key people
Svein E. Skorstad (CEO)
RevenueSEK 89.5 billion (2005)
Number of employees
25,000
ParentKF
Coop NKL
FDB
SubsidiariesCoop Sverige
Coop Norge
Coop Danmark
Brugseni (KNB)
Websitecoopnorden.com
Footnotes / references
[citation needed]

Coop Norden was a Scandinavian retail chain. It was based in Sweden and owned by three major cooperative retail companies: Sweden's KF (42%), Denmark's FDB (38%), and Norway's Coop NKL (20%). During its years of operation, Coop Norden ran around 1,000 stores and had a yearly turnover of approximately SEK 90 billion.[citation needed] In 2007, the parent companies decided to dissolve the arrangement and, in January 2008, operation and ownership of the retail chains were returned to the national cooperatives.[1]

Former chains

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Notes

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  1. ^ FDB. "FDB's historie og udvikling Archived 2011-12-31 at the Wayback Machine" ["FDB's History & Development"]. Accessed 1 May 2012.