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.[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]
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| Company 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 [citation needed] | |