Coop Norden AB · Stockholm Sweden
Company Description
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This link will open in a new window Coop Norden was created in 2002 by the merger of its three subsidiaries, Coop Danmark (Denmark), Coop Norge (Norway), and Coop Sverige (Sweden). The cooperative group oversees the operation of about 2,000 hypermarkets, supermarkets, and discount stores throughout the Nordic region. To focus on its core activities and combat falling sales in Sweden, the company has sold about a third of its property portfolio, including 129 retail properties in Sweden, to the real estate division of Dutch insurer ING Groep . Coop Norden is owned by Sweden's Kooperativa Förbundet (42%), FDB Denmark (38%), and Coop NKL (20%). The coop, which operates 16 different retail chains, is converting to a pure purchasing company. To read the full description, subscribe now.
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Key Coop Norden AB Financials
| Company Type | Private - Cooperative Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $0.0 |
| Employees | 98 |
Coop Norden AB Executives
16 executives listed for Coop Norden AB's Stockholm, location.
| Title | Name & Bio | Contact |
| Chairman | Nina Jarlbäck | Network |
| Vice Chairman | Ebbe Lundgaard | Network |
| Vice Chairman | Steven Celona | Network |
Competition
Competitive Landscape for Coop Norden AB
Population growth and consumer tastes drive demand. Because margins are low, the profitability of individual companies depends on high volume sales and efficient operations. Large companies can offer a wide selection of products and have advantages in purchasing, distribution, marketing, and finance. Small companies can compete effectively by offering specialty products, serving a local market, or providing superior customer service. Discount stores and warehouse clubs have aggressively pursued the retail grocery market, and Wal-Mart is the largest seller of groceries in the US. Other competition includes specialty food stores, convenience stores, drugstores, dollar stores, and, to some degree, restaurants. To read the full description, subscribe now.Top Coop Norden AB Competitors
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