Coop Norden Explained

Coop Norden AB
Type:Subsidiary
Predecessor:Nordisk Andels Forbund (NAF)
Foundation:1918 (NAF)
2001 (Coop Norden)
Defunct:2008
Fate:Dissolved
Location City:Stockholm
Location Country:Sweden
Key People:Svein E. Skorstad (CEO)
Area Served:Sweden
Norway
Denmark
Greenland
Industry:Retail
Revenue:SEK 89.5 billion (2005)
Num Employees:25,000
Parent:KF
Coop NKL
FDB
Subsid:Coop Sverige
Coop Norge
Coop Danmark
Brugseni (KNB)
Homepage:coopnorden.com

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. 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

Sweden
Denmark
Greenland
Norway

Notes and References

  1. FDB. "FDB's historie og udvikling " ["FDB's History & Development"]. Accessed 1 May 2012.