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Coop NKL

Coop Norge SA
Cooperative
Industry Retail
Founded 1906 (NKL)
2008 (Coop)
Headquarters Oslo, Norway
Area served
Norway
Key people
Ola Strand (Adm. Director)
Revenue NOK 30.041 billion
NOK 401 million
NOK 243 million
Total assets NOK 13.845 billion
Members 1.3 million
Number of employees
2,564
Subsidiaries Coop Norge Handel AS
Coop Norge Eiendom AS
Smart Club AS
Website coop.no
Footnotes / references
(2011)

Coop Norge SA is a Norwegian cooperative. It is owned by 117 local cooperatives with more than 1.3 million members. The company has its headquarters in Oslo.

The first cooperative store in Norway was opened in the 1850s and, on 27 June 1906, a group of 28 cooperatives formed the NKL (Norges Kooperative Landsforening, "Norwegian Cooperative Association") to act as a wholesaler for its members. The next year, it joined the International Co-operative Alliance.

NKL acquired the Norwegian Margarine Factory (Margarinfabrikken Norge) in Bergen in 1911; it later purchased other margarine factories in Oslo and Bodø. It purchased a cigarette factory in 1914 and a coffee plant in 1916. During the 1920s, it began production of shoes and flour; during the 1930s, it added chocolate and light bulbs as well as Cooperative Insurance (Samvirke Forsikring). NKL opened the first self-serve store in Norway on 1 October 1947 and, in 1951, the law was changed to permit cooperatives to open branch stores and to sell goods to non-members. In the 1950s, its Tormolux division produced washing machines and mopeds; in the 1960s, it began use of the S brand and opened the warehouse chain Domus. Obs! was established as a separate chain in 1975, and the next year NKL purchased Røra Fabrikker, an Inderøy-based producer of jams and juices. Prix was introduced in 1990.

In 2000, NKL rebranded itself as Coop. In 2002, in collaboration with Sweden's KF and Denmark's FDB, it established Coop Norden and rebranded its own operations as Coop NKL. Coop Norden was dissolved in 2008 and Coop NKL resumed control of its outlets in Norway as Coop Norge.

Members of Coop belong to one or more of the local cooperatives. Each member must make a cash deposit of NOK 100–300. The deposit and some interest is redeemable upon cancellation of the membership. The local cooperatives operate the association's stores and are led by boards elected by the membership. Dividends are paid out based on a percentage of the amount purchased.


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