Jóhannes Jónsson
Encyclopedia
Jóhannes Jónsson is an Iceland
Iceland
Iceland , described as the Republic of Iceland, is a Nordic and European island country in the North Atlantic Ocean, on the Mid-Atlantic Ridge. Iceland also refers to the main island of the country, which contains almost all the population and almost all the land area. The country has a population...

ic businessman and one of the founders of the investment company Baugur Group
Baugur Group
Baugur Group was an Icelandic investment company. The group applied for bankruptcy protection in February 2009, after placing its UK arm in administration.- History :...

, which applied for bankruptcy
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....

 protection in February 2009. He founded the Bónus
Bónus
Bónus an Icelandic no-frills supermarket chain owned by Hagar. Bónus operates 24 stores in Iceland and four in the Faroe Islands. It follows the no-frills format of limited hours, simple shelves and having a giant fridge instead of chiller cabinets....

 stores in Iceland in 1989 with his son and president of Baugur Group, Jón Ásgeir Jóhannesson.
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