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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 […]

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Rema 1000

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 […]

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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 […]

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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 […]

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