Coop Norden
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 yearly turnover of approximately SEK 90 billion. 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]
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| Type | Subsidiary |
|---|---|
| Industry | Retail |
| Predecessor | Nordisk Andels Forbund (NAF) |
| Founded | 1918 (NAF) 2001 (Coop Norden) |
| Defunct | 2008 |
| Fate | Dissolved |
| Headquarters | , |
Area served | Sweden Norway Denmark Greenland |
Key people | Svein E. Skorstad (CEO) |
| Revenue | SEK 89.5 billion (2005) |
Number of employees | 25,000 |
| Parent | KF Coop NKL FDB |
| Subsidiaries | Coop Sverige Coop Norge Coop Danmark Brugseni (KNB) |
| Website | coopnorden.com |
| Footnotes / references | |
Former chains
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Notes
- FDB. "FDB's historie og udvikling Archived 2011-12-31 at the Wayback Machine" ["FDB's History & Development"]. Accessed 1 May 2012.
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