Reitangruppen is more solid than ever. Total turnover in 2015 was 85.6 billion NOK, an increase of 4 billion from 2014. ”Thanks to talented people with strong values and aspirations we have never been better prepared for the future,” says Colonial Major Odd Reitan. (more…)
Tag Archives | Ole Robert Reitan
Rema reports 120 competitor’s stores for illegal Sunday opening
Rema 1000 in Norway reports 120 stores in NorgesGruppen, Coop and Bunnpris for violating the law on holidays and holiday peace. The chain claims nearly a third of Norgesgruppen’s stores are open on Sundays in violation of the law. ”Today’s regulations are not enforced – and for those who exploit it, the turnovers increase on Sundays. Either the authorities […]
Bunnpris to return to Norgegruppen for supply and purchase
Bunnpris drops Rema and returns to Norgesgruppen for supply and purchasing partnership. ”Rema stretched very far to keep us,” says Bunnpris-CEO Christian Lykke. (more…)
Reitan’s divestment of Axfood shares opens up for a Swedish Rema 1000
Norwegian Reitan group, the second largest shareholder in Swedish Axfood, is about to divest its 15.6 percent holding – and Odd Reitan denies re-election to the Board. ”A sale increases financial flexibility and enables us to better capture growth opportunities in our existing businesses ”, says Odd Reitan, Chairman and CEO of Reitangruppen. One move could […]
Reitan to introduce mobile payment in all Norwegian stores
Reitan Group will offer all its store customers to pay using their mobile phone. The service should be available in over a thousand REMA 1000, Narvesen- and 7-Eleven stores by the start of next year. (more…)
Reitan wants Norway to boycott palm oil products
Ole Robert Reitan is participating in a debate on climate with minister Tine Sundtoft during the Arendal week today. Before this he makes a public statement, demanding all government procurements to boycott food with palm oil. (more…)
Rema 1000 cuts all staff in subsidiary and stops further recruitment
Rema 1000 will streamline its operations. 55 employees in Rema Sales AS will lose their jobs as the subsidiary will be gone next year. And all further recruitment is stopped. (more…)
Unexpected yes to Sunday open stores from Rema
Norway’s second largest grocery chain, Rema 1000, changes stand in the hot Norwegian debate over every day open stores. CEO Ole Robert Reitan now says yes to Sunday open stores over 100 square meters. He is also critical towards the trade organisation Virke. (more…)
Odd Reitan: We are more solid than ever
Net income for 2014 shows that Reitangruppen is more solid than ever. Totalomsetningen was 82 billion NOK, an increase of 5 billion from 2013. The last ten years Reitangruppen tripled the operating profit. ”Effective structures and good system operation gives us tremendous power in a demanding market. We use the power to secure 36,611 jobs in the […]
After price comparison ”cheat” – Rema 1000 calls for transparency and insight
Last week he was accused of manipulating price comparisons. Now Rema 1000 CEO Ole Robert Reitan says he will give all customers insight and overview of the price differences between the chains. ”We hereby challenge Kiwi, Coop, Ica, Rimi, Menu and all other competitors”, says Ole Robert Reitan. (more…)
Strong Rema 1000-growth in both Norway and Denmark
Rema 1000’s revenue increased 7 percent, to 37,945 million NOK last year. – When we take 7 percent, it is more than most competitors, CEO Ole Robert Reitan tells Aftenposten. (more…)
Reitan in settlement with Østhus family
Rema Industries drops the 300 million-demand for the Norwegian Chicken purchase. A settlement was made before Christmas. ”It’s a relief to finally be done,” says Bernt Østhus. (more…)
Reitan lost 400 million dispute against relatives
The family Reitan’s relative Bernt Østhus won the first round of the 400-million fight. Now he warns everyone from doing business with them. “They have a business ethic that makes them attack all partners, they have a theoretical chance to get money from,” says Bernt Østhus. (more…)
Ole Robert Reitan in charge of chicken manufacturer
Ole Robert Reitan goes straight into the antibiotics debate in Norway as he takes the leading position in Norsk Kylling (Norwegian Chicken). (more…)
Hordaland and families run the best Rema 1000-stores
Rema 1000’s best practice can be found in Hordaland in the west of Norway. The five most profitable stores in the chain comes from the same region. ”There is a lot to learn from how they run a store”, Rema 1000-CEO Ole Robert Reitan comments. (more…)
Flight cancelled for 300 Rema 1000-merchants going to Las Vegas
The casinos in Las Vegas, USA, expected 800 Norwegian guests from Rema 1000 yesterday. But about 300 merchants who will attend the Rema national meeting there, had to stay at Gardermoen Sunday morning because their flight was canceled. (more…)
Ole Robert Reitan: ”ICA was my big wet dream”
Rema CEO Ole Robert Reitan has opened his heart on why he did not buy Ica Norway. To all suppliers in Tønsberg in Thursday he brought up the topic himself, saying ICA was a wet dream for him. ”Now I’ll spend time and money on everything else. There can be a lot of fun”, he said (more…)
”Reitan wanted Bunnpris to buy ICA”
Everyone was happy after Coop’s purchase of ICA Norway. Even REMA 1000-CEO Ole Robert Reitan. But, according to Norwegian media, he tried to make Bunnpris buy ICA through international investors. (more…)
REMA 1000 attracts most Norwegians
REMA 100 is the first choice for Norwegian consumers. Norske Spisefakta 2014 shows that REMA 1000 might not always be the closest grocery store for Norwegian youth, familys or seniors. But it gets much higher rating on where they prefer to do their shopping, which means it attracts most customers from outside. “This is very […]