REMA 1000

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REMA 1000
Image:REMA_1000_logo.png
Type of Company Private
Founded 1979 in Trondheim, Norway
Headquarters Oslo, Norway
Key people Odd Reitan, Founder
Tom Kristiansen, CEO
Industry Retail
Products Supermarket
Revenue NOK 20.6 billion ( 4,4%) (FY 2004)
Employees 6,312 (2004)
Website www.rema.no

REMA 1000 is a multinational discount supermarket chain owned entirely by the Reitan Group (Reitangruppen). REMA is a short for REitan MAt (Reitan Food), referring to Odd Reitan (founder of the company). 1000 refers to the concept of offering a selection of only one thousand different products (refer to the history section).

With their headquarters located in Oslo, Norway, REMA 1000 includes businesses in Norway, Denmark, Sweden. The chain is based on a franchised discount concept: buying large quantities of a limited range of products and offering these to semi-independent owners under their brand. By 2004, REMA 1000 includes 444 supermarkets spread around Scandinavia.

In Norway, the supermarket chain captured 17.5% (2004) of the total revenue by all Norwegian supermarkets, taking the lead over its closest rival RIMI. By market share it is therefore the single largest supermarket chain in the country.

Contents

[edit] The supermarkets

REMA 1000 supermarkets are known for not spending large sums on aesthetics. As a matter of fact one of the chain’s slogans is “The simple is often the best” (Norwegian: “Det enkle er ofte det beste”) and this reflects on the layout concept in the supermarkets. Products are mostly positioned by crate or even by pallet to save the cost of positioning them in a more attractive way. It’s still REMA 1000’s official policy of not letting cost-saving damage the basic idea of simplicity (in accordance with the slogan). Wide corridors and informative signs are therefore present to simplify the shopping.

Some critics claim that REMA 1000 supermarkets are without personality and resemble warehouses more than they resemble shops, and thereby making the shopping a tiresome process.

[edit] History

It all started when Odd Reitan, the founder of the company, opened the first REMA (only 'REMA', no '1000', at the time) supermarket in Trondheim, Norway 15 February 1979. The owners had recently visited Germany where they had been impressed by the Albrecht brothers (Theo and Karl) supermarket chain ALDI’s success. They wanted to adapt the ALDI concept to Norwegian conditions.

Originally REMA attempted success with a selection of only 500-600 different products, but soon realised that this selection was too narrow. The success of the third REMA supermarket (opened in Mo i Rana, 8 May 1980) with a selection of 1,000 different products, paved way for the REMA 1000 brand. Since then, REMA 1000 have expanded their selection to more than 2,500 different products [1], but the name hasn’t been updated along the way.

In 2004, the chain celebrated its 25-year anniversary.

[edit] Countries with REMA 1000 supermarkets

Supermarkets Country Employees Revenue Market share Debut year Comment
320 (2004) Norway 5,450 (2004) NOK 17,621 mill ( 4.6%) (2004) 17.5% (2004) 1979 headquarters located in Oslo
123 (2004) Denmark 846 (2004) NOK 2,935 mill ( 10.2%) (2004) 3% (2004) 1994 -
1 (2004) Sweden 16 (2004) NOK 42 mill ( -19.8%) (2004)  ? 1991 the one supermarket is located in Svinesund
 ? Slovakia  ?  ?  ? 1993 the supermarkets are sold, but the brand is kept
0 Poland - - - 1993 sold in 2003
0 Hungary - - - 1998 sold in 2002

[edit] External links

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