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Smart Club
Smart Club AS was a Norway, Norwegian retail chain with three outlets, offering the products from forty product categories. The stores had a membership programme, where customers paid Norwegian krone, NOK 100 to gain bonuses throughout the year. History The company was founded in 1995 by Atle Brynestad through his investment company CG Holding and had eight outlets at a time. In July 2008, the chain was bought by Coop NKL who converted three stores to their own hypermarket chain, Coop Obs!, two to Coop Mega and one to Coop Xtra. They let two outlets, all in the Greater Oslo Region, stay under the Smart Club name. One outlet is at Alnabru and the second is at Slependen. In 2010, a new Smart Club was opened in Råde. The store in Alnabru was later converted to a Coop Obs! Hypermarked and a Coop Obs! Bygg, splitting the old Smart Club into two separate stores. The building also currently house an Expert XL (consumer electronics) and Lampehuset Lysgiganten(Lamps and lighting), The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |