Coopis a chain ofconsumer co-operativeowned grocery stores in Sweden, organised underKooperativa Förbundet(KF). Coop SverigeABcoordinates purchasing, marketing and shared services for the chain's approximately 800 stores,[1]which are owned and operated by local consumer organisations or their franchisees.[2]The current Coop brand was introduced by KF in 2001, replacing a variety of different brandings.[3][4]
 | |
| Company type | Grocery store chain |
|---|---|
Number of locations | Circa 800 stores |
Area served | Sweden |
| Revenue | 29,300,000,000 Swedish krona (2019) |
| Parent | Kooperativa Förbundet |
| Website | coop |
History
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The main Swedish consumer cooperative organisation, Kooperativa Förbundet (KF), was founded in 1899, with the organisation being a dominant player in the Swedish market throughout the 20th century. The main brand of KF stores was Konsum, though it was one among many, with many different chains existing within the KF organisation. Ahead of the merger intoCoop NordenKF centralised their branding under the Coop name in the early 2000s, with larger Konsum stores becoming Coop Konsum, and varioushypermarketbrands being centralised asCoop Forum.[4][3][5]
In 2015 the Coop chain was rebranded as part of a reorganisation within the KF organisation, with stores being branded under the Coop, Stora Coop and the short-lived Lilla Coop names.[6]
Decline
editBy 2024, Kooperativa Förbundet had declined from once being Scandinavia's largest company with 80'000 employees to owning a grocery store chain with acculumating losses. In the early 1900s, the Swedish market had a lot ofcartelformations in various consumer-facing industries which pushed Coop to acquire or start its own manufacturing operations in order to offer cheaper prices.
Coop built up a large variety of brands and factories, e.g. Hugin vacuum cleaners, Gislaved tyres, Eve butter, Gustavsberg porcelain and others. Coop also owned a huge property portfolio in Sweden that includedDomusdepartment stores.
Around 1990, KF decided to concentrate on the grocery retail business and had already begun and continued to sell off its manufacturing and real estate portfolio. Meanwhile, the grocery store business accumulated huge financial losses. Between 1988 och 1998, Coop's combined loss totaled approximately 15 billionSEK.By 2022, none of the industries and real estate it once owned remained, and Coop continued to accumulate losses. In 2023 and 2024, Coop made a combined loss of 1,5 billionSEK.
In a June 2024 interview withDagens Nyheter,Coop's chairman Leif Linde said that Coop had the last chance to turn around the business.[7][8]
Brands
editCurrent brands
editCoop
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Coop serves as the brand for small-to-medium-sized grocery stores, mainly what were former Coop Konsum, Extra and Nära stores, as well as the short-lived Lilla Coop brand.
Stora Coop
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Stora Coop serves as the brand for larger stores andhypermarkets,mainly former Coop Forum stores.
X:-tra
editX:-tra serves as a brand fordiscount supermarkets,incorporating some formerNettostores.[9][10]
Former brands
editLilla Coop
editLilla Coop was a short-lived brand for small stores incorporating former Coop Nära stores. The brand disappeared after only 3 years, with stores being converted to the Coop brand starting in 2018.[11]
Coop Forum
editCoop Forum was a brand for hypermarkets. Two stores still retain the Coop Forum brand as of June 2024[update],though these are planned to rebrand to Stora Coop stores.[12][13]Many Coop Forum stores were formerly under the B&W, Obs! and Robin Hood brands, which were combined into the new Coop Forum brand in the first years of the 2000s.[14]Some Coop Forum stores also had a larger construction store, branded as Coop Bygg, attached.[15]
Coop Nära
editCoop Nära was a brand for smaller stores, largely being replaced by the Lilla Coop and later Coop brands.
Coop Konsum
editCoop Konsum was a brand for medium-sized stores, largely being replaced by the Coop brand, though two stores remain with the Coop Konsum name as of August 2023[update].
Coop Extra
editCoop Extra was a brand for larger stores which were still not proper hypermarkets, these stores largely became Coop stores.
References
edit- ^"Expert: Nu kan det bli priskrig på livsmedel".Sydsvenskan(in Swedish).TT.2023-03-23.Retrieved2023-08-14.
- ^Forsberg, Julia (2023-03-30)."45 miljoner delades ut till Coops franchisetagare".Dagens Industri(in Swedish).Retrieved2023-08-14.
- ^abHänel, Olof (2001-09-24)."Ny logga och nytt namn för nya tider".Svenska Dagbladet(in Swedish). p. 44.ISSN1101-2412.
- ^abGrahn Birkell, Pia (2001-09-20). "Det här är det största uppdrag vi någonsin haft".Resumé(in Swedish).ISSN0036-1887.
- ^"KF döper om för 48 Mkr".Dagens Industri(in Swedish). 2001-08-08.ISSN0346-640X.
- ^"Konsum ska väck när Coop satsar".Helsingborgs Dagblad(in Swedish).TT.2015-09-08. p. 14.ISSN1103-9388.
- ^Lindberg, Andreas; Fröberg, Jonas (2024-06-24)."Coops kris tilltar:" Nu är det upp till varje förening "".DN.se(in Swedish).Archivedfrom the original on 2024-06-24.Retrieved2024-07-24.
- ^Fröberg, Jonas (2019-07-21)."Varför handlar nästan ingen på Coop längre?".DN.se(in Swedish).Archivedfrom the original on 2019-07-21.Retrieved2024-07-24.
- ^"X:-tra, nytt svenskt butiksformat som ska fokusera på pris"(Press release) (in Swedish). Coop. 2022-01-27.Retrieved2023-08-13.
- ^Nyman, Pontus (2020-08-17)."Coop släpper helt nytt butikskoncept – X:-tra".Fri Köpenskap(in Swedish).ISSN0016-1217.Retrieved2023-08-13.
- ^"Lilla Coop tas bort när Coop går från tre till två format"(in Swedish).Kooperativa Förbundet.2018-09-20.Retrieved2023-08-13.
- ^Andersson, Elisabeth (2015-09-07)."Dags för nytt namn på Jägersro - igen".Sydsvenskan(in Swedish).Retrieved2023-08-13.
- ^Larsson, Mattias (2024-06-12)."Nu skyltar Coop Värmlands sista Forum om – två kvar i Sverige".Fri Köpenskap(in Swedish).ISSN0016-1217.Retrieved2024-06-25.
- ^"Butikskedjorna som försvann".Svenska Dagbladet(in Swedish). 2023-01-11.ISSN1101-2412.Retrieved2024-01-05.
- ^Andersson, Anton (2015-12-18)."Coop Bygg blir Bolist:" Kan bli räddningen "".Handelsnytt(in Swedish).Retrieved2024-01-05.
External links
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Media related toCoop (Sweden)at Wikimedia Commons