Bunnpris
From Wikipedia, the free encyclopedia
| I. K. Lykke AS | |
 |
|
| Type | Private |
|---|---|
| Founded | 1830 |
| Headquarters |  Trondheim, Norway |
| Key people | Trond Lykke (CEO) |
| Area served | Norway |
| Industry | Retail |
| Revenue |  NOK 3.2 billion (2006) |
| Website | www.bunnpris.no |
Bunnpris is a Norwegian retail chain with 162 grocery stores in Norway, primarily in Sør-Trøndelag, Møre og Romsdal and Oslo, but also many in Northern Norway. The stores are managed by I. K. Lykke run by the fifth generaltion Lykke. The wholesaler for the group is Norgesgruppen.
[edit] History
It all started in 1830 when Trond Lykke started exporting millstones with to ships to Southern Norway and Eastern Norway. Because he usually was paid in agricultural products, Lykke started a fat store in Trondheim, and from the 1860s it was exported to England. The third genereation was Ivar Lykke, who was Prime Minister of Norway 1926 to 1928.
In 1981 Trond Lykke, fifth generation, started the low-price store Bunnpris at Øya in Trondheim. Since then the company has expanded throughout the country. In 2006 a number of unsatisfied ICA franchisers have switched to Bunnpris, escalating the growth of the chain.[1]
