Coop Norden

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Coop Norden AB
Subsidiary
Industry Retail
Fate Dissolved
Predecessor Nordisk Andels Forbund (NAF)
Founded 1918 (NAF)
2001 (Coop Norden)
Defunct 2008
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
Brugsen (KNI)
Website coopnorden.com
Footnotes / references
[citation needed]

Coop Norden was a pan-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.[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:

Sweden
  • Coop Forum
  • Coop Bygg
  • Coop Konsum
  • Coop Extra
  • Coop Nära
Denmark
Norway
Greenland

Notes[edit]

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