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Home > Company Index > Retail > Grocery Retailing > Coop

Coop
 NEWS FROM THE STANDARD
B-to-B Sprouts Outside U.S.
Nov 28 2000 04:10 AM PST

 PROFILE
Coop feeds Swiss shoppers' hunger for food, electronics, and more. It makes food and nonfood goods and runs a network of more than 1,600 food stores, hypermarkets, mini-markets, and gas stations. (It is the #2 food retailer in the country, after Migros.) Formed by the 2001 merger of Coop Schweiz (also known as Coop Switzerland) and 14 regional cooperatives in Switzerland, Coop offers items under four primary brands: Coop Naturaplan (organic food), Coop Naturaline (textiles and cosmetics), Coop Oecoplan (paper towels, appliances,), and Cooperacion/Max Havelaar (imported products). The co-op also owns consumer electronics chains, perfume shops, and furniture stores and offers banking and insurance services.

 COMPETITION
METRO AG (MEO)
Migros-Genossenschafts-Bund (dossier)
Tengelmann Warenhandelsgesellschaft OHG (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 7,655.10
1-Yr. Sales Growth: (4.1)%
Employees: 45,103
Revenue per employee: $169,724.85

 KEY PEOPLE
• Hansueli Loosli
    CEO
• Hans Peter Schwarz
    CFO

 CONTACT INFO
Thiersteinerallee 12, Postfach 2550
CH-4002 Basel, Switzerland
Phone: 41-61-336-66-66
Fax: 41-61-336-60-40
Online: Web Site

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