Reitan Handel news

05 October 2016
Norwegian pure-play online retailer Kolonial.no is to trial driverless delivery shuttles. Shoppers will be able to collect groceries from shuttles  at a centralised point or depending on the location, they can choose to have products delivered to home for a small fee. Kolonial.no: leveraging technology for the best experience Commenting on the development, Jon Kåre Stene, operations manag...
26 September 2016
As the collaborative economy develops, leading Scandinavian discounter REMA 1000 has developed VIGO, a new convenient shopping and delivery solution in Denmark. Key features Choose from over 1,000 products No minimum spend for delivery Receive deliveries between 08:00 and 21:00 daily Embedded functionality through the existing REMA 1000 app Online, REMA 1000 emphasises how...
08 September 2016
Axfood has appointed a new CEO, Kris Balkow; while Reitangruppen has sold its remaining shareholding in Axfood. Axfood appoints Kris Balkow from Clas Ohlson Axfood has appointed Kris Balkow as President and CEO, effective from March 2017. He has been President and CEO of Clas Ohlson since 2007 and has previously worked for Bredsbandsbolaget, a Swedish internet provider and Procter & Gam...
15 August 2016
REMA 1000, discount banner of Reitangruppen is to acquire a 10% stake in Norwegian pure play online retailer, Kolonial.no, as it looks to capitalise on growth of the online channel. REMA 1000 has supplied Kolonial.no with products since 2014. REMA 1000: commonality in simplicity, efficiency and low prices Commenting on the development, REMA 1000 CEO Ole Robert Reitan said, ‘Our philoso...
01 July 2016
Lidl has revealed an ambition to grow its store count in Copenhagen from 20 to 60-90 stores within the next few years, while REMA 1000 is prioritising Denmark’s four largest cities for expansion. Lidl: ‘the potential is huge’ Commenting on Lidl’s growth ambitions, Mads T. Nielsen, development and property director of Lidl Denmark said, ‘We have big ambitions in the metropolitan area,...
25 May 2016
Reitangruppen has appointed Nordea ‘to explore the opportunity to sell’ part of its stake in Sweden's Axfood. Reitangruppen still holds 12.3% stake in Axfood The bank has been appointed to look into options for the disposal of a 5% stake in Axfood, while Reitangruppen holds a 12.3% stake in total. The retailer has committed not to divest any more shares within 90 days. Move follows ...
29 April 2016
Reitangruppen has launched its first discount format today in the Danish territory of Greenland. Partnership between Arctic Import A/S and REMA 1000 The move represents a partnership between Arctic Import A/ S and Norwegian-Danish discount chain, REMA 1000, part of Reitangruppen . Commenting on the development, Mads Nysted, CEO of Reitan Distribution said, ‘It is true that REMA 1000 w...
08 March 2016
Reitangruppen has revealed its 2015 results, reporting that turnover increased by 4.8% to NOK 85.6bn (€9.16bn), while operating profit increased by 18.0% to NOK 3.4bn (€366.5m). Efficiency and investment are the winning formula The retailer attributed its performance to running an efficient operation; while over the last ten years Reitangruppen has ‘invested significantly in shops, sta...
02 February 2016
Discount chain, REMA 1000 is set to increase its pace of store openings, as it looks to open 130 stores in the coming years, according to local reports. REMA 1000: room for 'at least 400' shops Henrik Burkal, head of REMA 1000 in Denmark said, ‘We have raised the bar for the number of REMA 1000 shops there is room for in Denmark. We said 300 before, now we’re saying at least 400…The g...
22 December 2015
Norwegian retailer Reitangruppen has revealed that it is ‘exploring options for its financial holdings’ in Swedish retailer Axfood. In other news, Norwegian retailer Bunnpris is ending its supply and purchasing partnership with Reitangruppen’s Rema 1000 discount banner and returning to partner with NorgesGruppen. Reitangruppen ‘exploring options for its financial holdings in Axfood’ ...