Coop Prix
Encyclopedia
Discount store
A discount store is a type of department store, which sells products at prices lower than those asked by traditional retail outlets. Most discount department stores offer a wide assortment of goods; others specialize in such merchandise as jewelry, electronic equipment, or electrical appliances...
s throughout Norway
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
managed by Coop Norge and owned by local cooperative
Cooperative
A cooperative is a business organization owned and operated by a group of individuals for their mutual benefit...
s. The chain was created in 1990 for the cooperatives to be able to compete with other discount stores like REMA 1000
REMA 1000
REMA 1000 is a multinational no-frills supermarket chain owned entirely by the Reitan Group . REMA is a short for REitan MAt , referring to Odd Reitan...
and RIMI
RIMI
RIMI is a grocery store chain with 279 retail outlets throughout Norway. The chain is owned by ICA, but can trace itself back to 1977 when it was founded as RIMI 500 by Stein Erik Hagen....
.