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Coop amba
View on WikipediaCoop amba, formerly FDB, is a cooperative based in Denmark. The coop has 2 million members and three subsidiaries.[1] The Coop Danmark subsidiary operates the retail store chains of Kvickly, Brugsen, SuperBrugsen, Dagli'Brugsen and 365discount as well as the furniture company FDB Møbler. They previously ran the now discontinued chains Irma, Fakta & LokalBrugsen. The last two subsidiaries comprise Coop Bank and Coop Invest.
Key Information
History
[edit]An association of cooperatives formed in Zealand in 1884 was first named the Fællesforeningen for Danmarks Brugsforeninger (Danish Consumers Cooperative Society, in English), but the later FDB was founded in 1896 from a merger between that association and the cooperative association for Jutland. In 1897, it began forming its own factories and brands, some of which – like Cirkel-brand coffee – continue to be successful although most were shuttered in the 1980s and 1990s. In 1918, it helped form the NAF (Nordisk Andels Forbund, "Nordic Coop Federation") which later became Coop Norden AB. In 1952, it opened the first viable supermarket in the Faroes at Thorshavn.[2]
FDB originally focused on manufacturing and wholesaling, branding its retail operations simply "Brugsen" ("Coop"). In 1961, it opened the Kvickly chain in Aalborg, which sold clothes and hardware in addition to food. It merged with the large Hovedstadens Brugsforening supermarket chain in 1971 and opened the discount OBS! chain in 1972 at Høje Tåstrup. By the 1980s, the company began shuttering its factories and focusing more on retail operations. It purchased Irma in 1982 and Fakta in 1987. Between 1991 and 1995, it rebranded its own stores as the SuperBrugsen supermarkets, the Dagli'Brugsen local markets, and the LokalBrugsen convenience stores.[3]
All of these outlets were placed under Coop Danmark in 2001 in preparation for the 2002 union of its operations with those of Norway's NKL and Sweden's KF as Coop Norden. FDB held a 38% stake in the new unitary company, but its poor performance caused the parent companies to redivide its operations by 2008. FDB continued to organize its retailers under the Coop Denmark heading,[3] and in January 2013, FDB changed its name to Coop.[4]
Due to retail market moving towards discount shops, premium chains Irma, Kvikly and SuperBrugsen were supposed to merge into a single eponymous chain called Coop.[5] However, due to continuing struggles of the company, the plan was abandoned, with half of Coop amba being sold to energy company OK [6] and Irma shops being converted into SuperBrugsen or shut down as planned.
Subsidiaries
[edit]Coop amba wholly owns the three subsidiaries of Coop Danmark, Coop Invest and Coop Bank. Coop Invest owns Republica A/S, an advertising company focused on retail sales, and Severin A/S, a training center first built in 1932.[citation needed]
Coop Danmark
[edit]Coop Danmark is the second-biggest retailer of consumer goods in Denmark, with a market share of 40% and 1.4 million members.[7] Its main competitors are the dominant Salling Group (covering Netto, Føtex and Bilka), REMA 1000, Dagrofa (covering SPAR, Meny and Kiwi) and Lidl.[8] With around 1,200 supermarkets, discount stores and hypermarkets in Denmark,[7] Coop Danmark operates the following stores: Kvickly, Brugsen, SuperBrugsen, Dagli'Brugsen, LokalBrugsen, Fakta, Irma.[1] Coop Danmark and its subsidiaries have more than 36,000 employees and post a yearly turnover of 50 billion DKK.[9]
In April 2017, Coop Danmark launched a digital crowdfunding platform in cooperation with Lendino. Major projects include the development of environmentally friendly cattle feeding with a budget of 2.5 million DKK, an apple orchard on Fejø for 660.000 DKK, and a whiskey distillery on Ærø.[10][11]
Irma supermarkets
[edit]Irma, a supermarket chain operated by Coop Danmark,[1] was founded in 1886 by Carl Schepler as a small grocery store selling eggs in Ravnsborggade in Nørrebro, Copenhagen. The chain is the second oldest groceries chain in the world, after Marks & Spencer. As of 2015, the chain had 80 stores,[12] mostly located in the Metropolitan Copenhagen area.[13]
Irma is quality-oriented mainly aiming for quality-conscious and environment-aware customers by focusing on fresh and organic products as well as packaging. Therefore, the stores have a great variety of organic products compared to other Danish supermarket, and packaging containing PVC and excessive amounts of aluminium are banned from the shelves. The same goes for chlorine-bleached products.[14] Irma banned battery cage eggs in 1994,[15] 8 years before it was banned by the European Union.[16]
In 2007, Irma set a world record with 29.9% of its total sales being organic food.[17] Irma has a goal of having organic products accounting for half of its total food sales before 2025.[18] In 2015, Irma was named the most sustainable brand in Denmark,[19] a title which parent company Coop won in 2016.[20]
Starting in 2001 Irma began operating an express version of the store, known as Irma City. These stores were smaller than the normal Irma, with longer opening hours and a range of organic food to take away.[21] In 2015, it was announced that Irma City stores would be replaced by the new concept Lille Irma (Little Irma), where the customers would have a say in the selection of goods available in the stores. The Lille Irma concept was planned to have fully replaced Irma City by the end of 2017.[22]
In April 2008, Irma took over the grocery departments Mad & Vin (Food and Wine) of department store chain Magasin du Nord in the stores in both Odense and Aarhus. The projects failed and the stores closed in 2012.[23]
On 31 January 2023, Coop Danmark announced that all Irma supermarkets would be rebranded or closed in the course of the year.[24]
Brugsen
[edit]
Brugsen was originally the nondescript brand name of Coop amba's retail outlets in Denmark. After opening a series of branded stores starting in 1961 and deciding to focus on its retail operations in the 1980s, Coop began closing factories, and spun off its larger Brugsen stores as SuperBrugsen in 1991 and its smaller ones as Dagli'Brugsen the next year. In 1995, the smallest convenience stores were organized as LokalBrugsen.[3]
After a failed attempt to merge their operations with Norway's Coop Norge (NKL) and Sweden's Kooperativa Förbundet (KF) as Coop Norden in 2002, Coop amba regained sole ownership of the group's Danish operations, Coop Danmark, in 2008.[3] Coop Denmark continues to operate the SuperBrugsen, Dagli'Brugsen, and LokalBrugsen chains as separate divisions of its operations.
From 2016 Coop re-branded four of the existing Coop stores to Brugsen once again,[25] including a flagship store inside the hall of Copenhagen Central Station.[26]
Kvickly
[edit]
Kvickly was in the beginning a Swedish food market chain owned by the 'consumers organization' ('Konsumentföreningen') in Sweden. The first store opened in the 1950s in the Stockholm area. The company name was changed to Domus in Sweden in the late 1960s/early 1970s when the stores became superstores selling more than food. [citation needed]
The first Kvickly store was opened by FDB in Denmark in 1961.[3][27] In Denmark, the sister chain remains Kvickly,[citation needed] which has a large selection of items, and were in 2010 named by the Danish Ministry of Health as the easiest place in Denmark to buy healthy food.[citation needed] Kvickly's headquarters are in Albertslund, and it has 81 stores.[27]
Fakta
[edit]Fakta, a chain of discount stores as of September 2022 superseded by 365discount and was founded in 1981 as Dansk Discount A/S, renamed Fakta in 1982. Six years later, the chain became a part of Coop Danmark.[28] In May 2011, Fakta had 374 stores with around 6,000 employees.[29] They operated stores located at more central urban places, called Fakta Q, which sold food, primarily convenience food. They were replaced by regular Fakta stores with Fakta Q being discontinued in 2017.[30] Fakta's slogan is "Det er Fakta" ("It's a fact" or "It's Fakta"). The old slogan "Det er sund fornuft" ("It's common sense") is still used on Fakta-branded products. In the 21st century their slogan became "det tager kun 5 min" ("it only takes 5 mins"). In 2013, Fakta opened its first two stores in Germany, just south of the Danish border.[31]
365discount (formerly Coop 365 or Coop 365discount)
[edit]In 2020 Coop began experimental opening of a new brand of stores then named, Coop 365.[32] This resulted in Coop in September 2022 deciding to completely revamp their discount offering by rebranding all Fakta stores (also closing some and rebuilding others) to this new brand, which, after several renames, ended up as 365discount.[33][34]
See also
[edit]References
[edit]- ^ a b c "Coop-familien". Coop (in Danish). 15 April 2017.
- ^ "FDB's historie og udvikling (FDB's History & Development)". FDB (in Danish). Archived from the original on 31 December 2011. Retrieved 1 May 2012.
- ^ a b c d e "Vores historie (Our History)". Coop Denmark (in Danish). Archived from the original on June 15, 2012. Retrieved 1 May 2012.
- ^ "FDB og Coop smelter sammen". Berlingske Business. 12 January 2013. Retrieved 15 April 2017.
- ^ "Coop samler tre kæder i én".
- ^ "Coop og OK indgår historisk aftale".
- ^ a b "Coop Danmark A/S". Hoovers. Retrieved 15 April 2017.
- ^ "Brancheanalyse: Dagligvarer 2019". FINANS. Archived from the original on 2020-09-22. Retrieved 2021-01-28.
- ^ "Coop: In English". Coop. Retrieved 15 April 2017.
- ^ Nu kan Coop's medlemmer tjene penge på at investere i grøn mælk (Now Coop's members earn money by investing in green milk) (in Danish), Politiken, 3 April 2017
- ^ "4 eksempler på crowdfunding: Betal 2.000 kroner og få en sporbar økowhisky (4 examples of crowdfunding: Pay 2,000 crowns and have a traceable økowhisky)" (in Danish). Poltiken. 3 April 2017.
- ^ "Irma-relancering koster trecifret millionbeløb". FødevareWatch. 18 June 2015. Retrieved 15 April 2017.
- ^ "Find butik". Irma. Retrieved 15 April 2017.
- ^ "Irma dropper al salg af skyllemiddel". Politiken. 13 October 2014. Retrieved 15 April 2017.
- ^ "Kvickly bagefter: Irma droppede buræg for 20 år siden". DR. 9 August 2013. Retrieved 15 April 2017.
- ^ "European Union Bans Battery Cages for Egg-Laying Hens". Food Safety News. 19 January 2012. Retrieved 15 April 2017.
- ^ "Irma vil sætte øko-verdensrekord". Politiken. 10 October 2008. Retrieved 15 April 2017.
- ^ "Irma: Halvdelen af salget skal være økologisk". LandbrugsAvisen. 8 January 2015. Retrieved 15 April 2017.
- ^ "Irma most sustainable brand in Denmark". CPH Post. 24 March 2015. Retrieved 15 April 2017.
- ^ "THE 2016 SUSTAINABLE BRAND INDEX RANKING - DENMARK". SB-Index. Archived from the original on 16 April 2017. Retrieved 15 April 2017.
- ^ "Irma går imod strømmen og dropper convenience-koncept". Finans.dk. 15 September 2015. Retrieved 15 April 2017.
- ^ "Irma får en lillesøster". Berlingske Business. 20 August 2015. Retrieved 15 April 2017.
- ^ "Irma lukker alle butikker i Jylland og på Fyn [Irma closes all stores in Jutland and on Funen]". Politiken (in Danish). 9 March 2012. Retrieved 3 January 2015.
- ^ DR.dk. Lukker efter 137 år: Det sker der med din lokale Irma. Retrieved 31 January 2023.
- ^ "Coop lancerer nyt city-koncept". Dansk Handelsblad. 7 April 2016. Archived from the original on 12 April 2016. Retrieved 15 April 2017.
- ^ "Coops flagskibsbutik bliver til Brugsen". Dansk Handelsblad. 25 November 2016. Retrieved 15 April 2017.[permanent dead link]
- ^ a b "Vi er altid lige i nærheden" (in Danish). Retrieved 2008-02-22.
- ^ "Guldægget Fakta er hårdt presset". Berlingske Business. 16 April 2013. Retrieved 15 April 2017.
- ^ Gerber, Jan. "Ny kædedirektør for Fakta". Retrieved 22 February 2012.[permanent dead link]
- ^ "Coop afliver convenience-kæde". Detailfolk. 7 April 2017. Retrieved 15 April 2017.
- ^ "Fakta åbner i Tyskland". Flensborg Avis. 2 October 2012. Retrieved 15 April 2017.
- ^ "Fakta-chef: Flere Coop 365-butikker er på vej" (in Danish). Fødevarewatch. 2020-12-30.
- ^ "Coop samler alle sine discountbutikker i en kæde: 130 butikker på vej i år" (in Danish). Coop. 2022-09-14.
- ^ "Coop lancerer store ændringer - lukker alle Fakta-butikker" (in Danish). TV2. 2022-09-13.
External links
[edit]- Coop Danmark, which operates Kvickly, Irma supermarkets, Fakta (Fakta Q and Fakta Germany), and Brugsen (SuperBrugsen and DagliBrugsen)
Coop amba
View on GrokipediaHistory
Formation and Early Years
The origins of Coop amba trace back to the late 19th-century Danish consumer cooperative movement, which sought to empower local communities against the dominance of private merchants. In 1884, the Sjællandske Fællesforening for Brugsforeninger was established on Zealand as a regional association to facilitate joint purchasing among local cooperatives, though it operated on principles distinct from those later championed in other regions.[6] Similarly, in 1888, the Jyske Fællesforening for Brugsforeninger was founded in Aarhus under the leadership of Severin Jørgensen, a key advocate for cooperative principles, to coordinate wholesale activities for Jutland-based member stores and expand access to affordable goods.[7] These regional entities represented a response to the economic challenges faced by working-class consumers, building on earlier local cooperatives that had emerged since the 1860s.[8] On January 1, 1896, these precursor associations merged to form Føreningen Danske Brugsforeninger (FDB), the foundational entity of what would become Coop amba, with Severin Jørgensen elected as its first chairman.[6] The merger unified efforts across Zealand and Jutland, creating a national framework for cooperative retailing in Denmark. Jørgensen, who had proposed a centralized purchasing plan as early as 1883, played a pivotal role in driving this consolidation, drawing from his experience managing local cooperatives since the 1870s.[6] By its inception, FDB had grown to encompass over 150 member cooperatives, reflecting rapid adoption amid Denmark's industrializing economy.[8] The early objectives of FDB centered on promoting consumer cooperatives to secure affordable, high-quality goods for members while countering the monopolistic pricing practices of independent merchants.[9] This mission emphasized economic democracy, community solidarity, and moral upliftment, as articulated by Jørgensen, who viewed cooperatives as a means to foster equality and self-reliance among Danish citizens.[8] Initially structured as an andelsforening (cooperative association), FDB focused exclusively on wholesale operations, negotiating bulk purchases from suppliers to supply independent member stores rather than engaging in direct retail.[8] Headquartered in Kolding with branches in major cities, this model enabled efficient distribution and cost savings, laying the groundwork for FDB's expansion without immediate involvement in storefront operations.[6]Expansion and Key Milestones
Following its formation in 1896, FDB expanded its wholesale operations significantly in the post-1900 period, serving an increasing number of local consumer cooperatives across Denmark and establishing centralized purchasing to secure better prices and quality for members. By the 1920s and 1930s, this growth included the development of production facilities, building on early initiatives like the 1897 coffee roastery in Kolding; the cooperative added factories for tobacco, spices, soap, margarine, and rope, while introducing innovations such as a central food laboratory in 1929 to ensure product quality and safety.[10] A pivotal advancement in retail came in the mid-20th century, exemplified by the 1953 opening of Denmark's first supermarket in Islev by HB Hovedstadens Brugsforening, one of FDB's member societies, which marked a shift toward larger, self-service formats and accelerated urban expansion. This innovation supported broader operational growth. In 2002, FDB formed the Coop Norden alliance with Sweden's KF and Norway's NKL, creating a joint entity for shared purchasing, logistics, and operations across the three countries to strengthen competitiveness against international chains; the merger consolidated over 3,500 stores under a unified Nordic structure headquartered in Gothenburg.[11] However, challenges in integration led to its dissolution in 2007, with Danish assets repatriated to FDB in January 2008 to operate independently as Coop Danmark, while retaining collaborative elements through the new Coop Trading for cross-border sourcing.[10] To streamline its branding and adapt to evolving consumer expectations, FDB rebranded as Coop amba in 2013, unifying its cooperative identity under the simpler "Coop" name and modernizing its public image amid intensifying retail competition.[10][12] Amid economic pressures in the 1980s and 1990s, Coop amba (then FDB) pivoted from vertical integration in production to a retail-centric model, closing several factories—including central warehouses like Vordingborg in the early 1980s due to restructuring—and redirecting resources toward store acquisitions and network expansion, such as the 1987 purchase of 84 discount outlets.[10][13]Recent Restructuring
In 2022, Coop amba undertook a significant consolidation of its discount retail segment by phasing out the Fakta brand and transitioning most of its stores to the 365discount format, aiming to streamline operations amid intensifying competition in the low-price market.[14][15] This move addressed the challenges of maintaining multiple discount banners, with many Fakta locations rebranded to enhance efficiency and customer focus on value-driven shopping.[16] In January 2023, Coop amba announced the closure of its premium Irma supermarket chain, citing the declining viability of high-end retail as consumers increasingly prioritized discounted goods in a competitive Danish market.[17] As part of this restructuring, 17 Irma stores were slated for immediate closure, while others were to be converted to alternative formats, with the last remaining outlets shuttered by spring 2024 to refocus resources on more sustainable segments.[18] Concurrently, the company outlined an initial plan to unify its mid-tier chains—Irma, Kvickly, and SuperBrugsen—into a single "Coop" banner to simplify branding and reduce operational complexity, but this merger initiative was later abandoned amid ongoing financial pressures and strategic shifts.[19] Throughout 2024, Coop amba pursued further divestitures and partnerships to stabilize its structure and adapt to market challenges. The corporate venture arm, Coop Invest, was wound up in May to simplify management and redirect focus toward core retail activities.[20] In the same month, Coop Bank was sold to Sydbank for DKK 350 million, allowing Coop amba to exit non-core financial services and bolster liquidity.[21] To secure long-term viability, energy cooperative OK acquired a 50% stake in Coop Danmark in April through a DKK 1.55 billion capital injection, granting OK decisive influence while preserving Coop amba's cooperative heritage.[22] Additionally, in July, Coop amba sold 35 stores to rival Salling Group, including 25 365discount, 3 Kvickly, and 5 SuperBrugsen outlets, as part of efforts to optimize its portfolio and exit underperforming locations.[23] This pattern of asset sales continued into 2025, with Coop amba agreeing in March to transfer another 33 stores to Salling Group—31 operating under existing brands like 365discount, Kvickly, and SuperBrugsen, plus 2 planned new builds—further rationalizing its network in response to competitive dynamics.[24] To strengthen member engagement amid these transformations, Coop amba launched a key issue voting system in June 2025, enabling direct member input on strategic policies and reinforcing the cooperative's democratic foundations.[25] In November 2025, Coop amba initiated a leadership transition by seeking a new chairman, with the appointment scheduled for January 2026.[26]Organizational Structure
Cooperative Model and Governance
Coop amba functions as an Andelsforening med begrænset ansvar (A.m.b.a.), a Danish legal structure for cooperative associations with limited liability, which was established in 1896 to promote consumer cooperatives across the country.[27][28] This form limits member liability to their contributions while enabling collective ownership and democratic control, aligning with Denmark's cooperative tradition dating back to the late 19th century.[29] As a fully member-owned entity, Coop amba has no external shareholders, with ownership distributed among approximately 2 million individual members who join through a nominal fee and gain voting rights.[30][3] These members, primarily Danish consumers, contribute to the cooperative's capital and benefit from its operations without profit-driven external influences. Membership stood at 1,977,986 as of the end of 2022, reflecting steady growth through active recruitment.[30] Governance emphasizes democratic principles, with the supreme authority vested in the Landsrådet, a national council of 126 elected representatives from local cooperative boards, which convenes to set strategic priorities and elects the board of directors.[30] The board, comprising a chairperson and nine members serving three-year terms, oversees policy implementation and ensures adherence to the one-member-one-vote rule, preventing dominance by larger stakeholders.[30] Local boards at individual cooperatives further decentralize decision-making, fostering member input on community-level issues. The headquarters is situated at Roskildevej 45, 2620 Albertslund, Denmark, serving as the central hub for administrative functions.[30] Following the 2008 dissolution of the Coop Norden alliance—a short-lived 2002 merger of Nordic cooperatives—Coop amba reasserted control over its Danish operations, repositioning itself as a key owner of subsidiaries like Coop Danmark A/S. Since April 2024, Coop Danmark A/S has been under 50/50 joint ownership with OK a.m.b.a., with OK holding decisive influence and a shared board structure including representatives from both parties.[4] In this role, Coop amba provides strategic oversight, financial guidance, and alignment with cooperative values through its board representation, while the subsidiary handles day-to-day management to maintain operational efficiency. This structure allows Coop amba to prioritize long-term member benefits over short-term profits.[30][3]Membership Engagement
Coop amba members enjoy a range of benefits that extend beyond basic ownership, including financial incentives tied to their purchasing activity and access to exclusive resources. Active members in the retail arm, numbering approximately 1.8 million app users as of recent reports, receive a 1% bonus on qualifying purchases exceeding DKK 500 per month at Coop Danmark stores, functioning as dividends distributed based on shopping volume.[31][32] Additionally, members benefit from exclusive products through crowdfunding initiatives that support Danish food producers and a free monthly magazine, Samvirke, delivered to 1.9 million co-owners, providing insights into cooperative activities and sustainable practices.[1] Engagement initiatives at Coop amba emphasize community involvement through local store committees and educational programs, fostering a sense of ownership and connection. These committees organize community events such as debate evenings (debataftener) and food-sharing gatherings (madfællesskaber), enabling members to influence store-level decisions and participate in neighborhood activities.[1] Since the 2010s, the cooperative has hosted seminars, cooking classes via the GoCook online platform, and sustainability workshops to promote practical skills and environmental awareness, with these efforts integrated into broader member democracy strategies.[1][33] Democratic tools empower members to shape Coop amba's direction within its cooperative governance framework. Annually, members vote on the board of directors during general assemblies, ensuring representation from local associations. In 2025, a new key issue voting system was launched in June, allowing members to provide direct input on policy topics like sustainability, marking a significant enhancement to participatory decision-making.[25][1] Membership has grown steadily, reaching over 2 million co-owners as of January 2024, supported by digital registration options and inclusive family memberships that broaden access.[1][34] This expansion reflects efforts to revitalize engagement post the sale of stores and amid broader industry shifts.[33] Despite these advancements, Coop amba faces challenges in boosting active participation, particularly following the COVID-19 pandemic's impact on in-store visits and community gatherings. Initiatives like online input channels, such as "Giv din mening til Pernille," aim to address declining physical engagement by encouraging digital involvement among the full membership base.[1][25]Operations
Retail Network and Formats
Coop amba's retail network, operated primarily through its subsidiary Coop Danmark, encompasses more than 900 grocery stores across Denmark as of 2025, supporting around 40,000 employees.[2] This scale reflects a strategic reduction from about 1,200 stores prior to divestitures in 2024 and 2025, following the sale of 68 locations to Salling Group in two tranches of 35 stores in 2024 and 33 stores in 2025, aimed at streamlining operations and concentrating resources on high-performing sites.[35][36][37] The network features a diverse array of store formats tailored to varying customer needs and locations, including full-service supermarkets such as Kvickly and SuperBrugsen for comprehensive shopping experiences, mid-tier options like Brugsen for balanced assortments, and discount outlets under the 365discount banner for value-driven purchases. Smaller urban convenience formats, including Dagli'Brugsen, provide quick-access essentials in densely populated areas, enhancing accessibility for daily needs. This multi-format approach allows Coop amba to address different market segments while maintaining a cohesive operational framework.[38] Geographically, the stores are distributed nationwide, with notable concentrations in the Zealand region (including Copenhagen and surrounding areas) and the Jutland peninsula, ensuring broad coverage across Denmark's primary population centers. Complementing the physical network, Coop amba offers online grocery services through Coop.dk, which was adjusted and refocused post-2023 after discontinuing full home delivery to emphasize in-store pickup and digital integration for efficiency.[39][40] In the Danish grocery retail market, Coop amba holds approximately 30% share, positioning it as a key player second to Salling Group while competing against discounters like Aldi and Lidl. This market standing underscores its role in a consolidated sector where efficiency and customer proximity drive competitiveness.[41][42]Brand Portfolio
Coop Danmark's brand portfolio encompasses a diverse range of retail formats tailored to different consumer segments, from premium shopping experiences to budget-conscious options. The portfolio has evolved through strategic integrations and discontinuations to streamline operations and enhance market positioning.[43] Kvickly represents the premium supermarket segment, emphasizing high-quality products, personalized service, and a focus on fresh produce and in-store bakeries. Targeted at mid-to-high-end consumers seeking organic and sustainable options, Kvickly operates over 100 stores across Denmark, positioning itself as a leader in quality grocery retail.[9][44] SuperBrugsen serves as the mid-range hypermarket chain, offering a broad assortment of groceries alongside non-food items such as household essentials and consumer goods. Aimed at families and general shoppers valuing variety and convenience, it maintains over 200 locations nationwide, with a history of innovation in product labeling, animal welfare, and organic offerings dating back over a century.[45][46] The Brugsen family, including the Dagli'Brugsen sub-brand, caters to neighborhood convenience needs with small-format stores designed for quick, everyday shopping. These outlets target local communities requiring accessible essentials like fresh foods and basic groceries, operating over 400 locations to ensure widespread coverage in urban and rural areas. Recent rebranding efforts have unified Dagli'Brugsen under the broader Brugsen banner to modernize the convenience segment.[47][38] 365discount functions as the hard-discount chain, appealing to budget-conscious shoppers with low-priced staples and efficient store layouts. Launched in 2020 and expanded significantly through the 2022 integration of the Fakta chain—where most Fakta stores were converted to 365discount—it now forms a key pillar of Coop Danmark's affordable retail strategy. This evolution has incorporated elements from the former Coop 365 discount format, enhancing its range while maintaining cost focus.[14][15][48] Among discontinued brands, Irma, a high-end chain known for gourmet selections and upscale service, was fully closed by spring 2024 as part of portfolio rationalization, with its stores repurposed into other Coop formats.[18] Across all active brands, shared private labels foster consistency and sustainability, notably Änglamark, Coop's flagship organic range certified for environmental and allergy-friendly standards, available in groceries and household products to promote responsible consumption.[49]Business Performance
Financial Overview
Coop amba's financial performance is predominantly driven by its ownership stake in Coop Danmark A/S, which accounts for over 80% of the group's assets as of the end of 2024.[50] Historical turnover for Coop Danmark peaked at 35.3 billion DKK in 2021, reflecting robust retail operations during the early 2020s, before declining to 34.8 billion DKK in 2022, 34.2 billion DKK in 2023, and 33.6 billion DKK in 2024 amid restructuring efforts.[51][5] These declines were influenced by post-2024 divestitures, including the sale of 33 stores to Salling Group announced in June 2024 and finalized in March 2025, as well as the closure of underperforming outlets.[50] In fiscal year 2024, Coop Danmark achieved an operating profit (EBIT) before special items of 162 million DKK, marking a turnaround from a loss of 717 million DKK in 2023 and representing an underlying improvement of 879 million DKK.[5] This recovery was supported by cost efficiencies, such as downsizing head office staff, closing the online platform Coop.dk, and divesting loss-making stores, including those from the Irma chain phased out in 2023-2024.[5] Revenue sources for Coop Danmark remained centered on retail sales, comprising approximately 72% of total turnover at 24.2 billion DKK, with wholesale at 22% (7.4 billion DKK) and services/rentals at 6% (2.0 billion DKK); prior to 2024, minor contributions came from investments like Coop Bank.[51] Key financial impacts in 2023-2024 included losses tied to restructuring, such as the Irma closures, which contributed to the prior year's deficit through operational wind-downs and asset adjustments.[5] Offsetting these were gains from the sale of Coop Bank A/S to Sydbank A/S for approximately 350 million DKK in mid-2024, with proceeds reinvested into Coop Danmark, and additional 632 million DKK from property and asset disposals, including stores sold to OK a.m.b.a.[52][51] For Coop amba itself, group turnover stood at 325 million DKK in 2024, down 6% from 2023, with an operating loss of 61 million DKK and net loss of 221 million DKK, largely due to accounting adjustments on discontinued activities.[50] Looking ahead, Coop Danmark anticipates further profitability improvements in 2025, driven by ongoing cost optimizations and capital injections from the 2024 ownership restructuring with OK a.m.b.a., which included a 1.55 billion DKK equity contribution for a 50.8% stake.[5][53] Turnover is projected to stabilize with a modest 1.5-2.5% decline, emphasizing profitability over expansion, while Coop amba expects a narrower operating loss of 10-15 million DKK. No interim financial reports for 2025 were publicly available as of November 2025.[51][50]| Year | Turnover (billion DKK) | Operating Profit/Loss (million DKK, before special items) |
|---|---|---|
| 2021 | 35.3 | N/A |
| 2022 | 34.8 | N/A |
| 2023 | 34.2 | -717 |
| 2024 | 33.6 | 162 |