Coop Sweden AB: restructures its organisation

Solna / SE. (coop) Coop Sweden AB is restructuring its organisation to increase competitiveness and provide better prices and offers to Coop in Sweden’s more than 3.9 million members. The change entails a reduction of about 100 positions at the office in Solna, which together with other measures results in a cost reduction of just over SEK 300 million (EUR 26.51 million). Group Chief Executive Marie Nygren: «Coop’s mission is to create economic benefits for our more than 3.9 million members. The sharp cost increases in recent years for the purchase of goods, energy, transport and increased rents mean that we must adapt the organisation to provide the conditions for a profitable Coop in Sweden. A strong Coop can compete with competitors and create both member benefits and contribute to increased sustainability.»

(The new and fully automated goods terminal in Eskilstuna – Photo: Coop Sweden AB)

There are about 820 Coop stores owned by the country’s 27 consumer associations with a total of more than 3.9 million members. Coop Sverige AB is responsible for common functions such as chains, marketing, assortment, purchasing, logistics and IT. «It is regrettable that competent employees have to leave the company, we will do what we can to help them move on in their professional lives. We are now creating a customer-oriented, process-oriented, flatter and more agile organisation to fulfil our promise to our members,» adds Marie Nygren. The new organisation will take effect from 01 January 2024.

(The new and fully automated goods terminal in Eskilstuna – Photo: Coop Sweden AB)

During the autumn, Coop Sverige AB also starts operating the new, fully automated goods terminal in Eskilstuna, Södermanland County. This is the largest investment for Coop in Sweden in modern times. It is also one of Northern Europe’s largest and most automated goods terminals. «It is an investment in the future that will deliver cost-effective and reliable logistics and goods handling for the whole of Coop in Sweden for many decades. The goods terminal is one of the conditions for coping with competition and at the same time contributing to increased sustainability,» summarises Marie Nygren.