Pisiffik A/S is a chain of

Greenland Greenland ( kl, Kalaallit Nunaat, ; da, Grønland, ) is an island country in North America that is part of the Kingdom of Denmark. It is located between the Arctic and Atlantic oceans, east of the Canadian Arctic Archipelago. Greenland is t ...

ic stores. The company is the largest privately owned commercial company in Greenland, and is a subsidiary jointly owned by

NorgesGruppen NorgesGruppen ASA is a Norwegian grocery wholesaling group which also runs various retail Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is sale to business or institutional cu ...

, the Norwegian grocery wholesaling group, the Danish investment company KFI, and Greenland Venture, a

state-owned State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownersh ...

investment firm.

History

Pisiffik was first established in 1993 as KNI Pisiffik A/S, a subsidiary of Greenland's KNI conglomerate. Based in Greenland's larger towns, it was an experiment in running the stores without a government subsidy, while KNI

Pilersuisoq Pilersuisoq is a chain of all-purpose general stores in Greenland, a major division of the Parliament of Greenland, state-owned KNI (Greenland Trade), KNI conglomerate. Like its parent company, it is based in Sisimiut (Holsteinsborg), the list of ...

continued to operate the more distant and less profitable outposts. The present Pisiffik A/S was spun off as a separate company in 2001 when Danish company

Dagrofa Dagrofa A/S is a Danish retail company with a market share of around 20% in Denmark as of 2008. The company controls distribution to franchise stores operating under the SPAR and Meny brands in Denmark and owns 43 stores. In 2013, NorgesGrupp ...

bought Pisiffik as part of a privatization of parts of KNI. Dagrofa sold its shares to the current owners in 2015. In 2016, the headquarters were moved from

Sisimiut Sisimiut (), formerly known as Holsteinsborg, is the capital and largest city of the Qeqqata municipality, the second-largest city in Greenland, and the largest Arctic city in North America.The term 'city' is loosely used to describe any popula ...

Nuuk Nuuk (; da, Nuuk, formerly ) is the capital and largest city of Greenland, a constituent country of the Kingdom of Denmark. Nuuk is the seat of government and the country's largest cultural and economic centre. The major cities from other co ...

Operations

Pisiffik's approximately 40 stores are found in the six largest towns in Greenland:

Aasiaat Aasiaat () or Ausiait, formerly Egedesminde, is a town in the Qeqertalik municipality in western Greenland, located in the heart of Aasiaat Archipelago at the southern end of Disko Bay. With a population of 3,069 as of 2020, it is Greenland's fo ...

Ilulissat Ilulissat, formerly Jakobshavn or Jacobshaven, is the municipal seat and largest town of the Avannaata municipality in western Greenland, located approximately north of the Arctic Circle. With the population of 4,670 as of 2020, it is the t ...

Maniitsoq Maniitsoq (), formerly Sukkertoppen, is a town in Maniitsoq Island, western Greenland located in the Qeqqata municipality. With 2,534 inhabitants , it is the sixth-largest town in Greenland. History Archaeological finds indicate that the area ...

Qaqortoq Qaqortoq, formerly Julianehåb, is a city in the Kujalleq municipalities of Greenland, municipality in southern Greenland, located near Cape Thorvaldsen. With a population of 3,050 in 2020, it is the most populous town and the municipal capital in ...

, and

Brands

Pisiffik A/S includes the following brands: * Pisiffik - Supermarkets *

SPAR SPAR, originally DESPAR, styled as DE SPAR, is a Dutch multinational that provides branding, supplies and support services for independently owned and operated food retail stores. It was founded in the Netherlands in 1932, by Adriaan van Well, ...

- Grocery stores * Akiki - Discount store * Pisattat - Consumer electronics stores * Torrak Fashion - Clothing stores * JYSK - Furniture stores *

Elgiganten Elgiganten is a consumer electronics retailer operating in Denmark (including Greenland) and Sweden, where its parent Elkjøp operates in Norway and have subsidiaries like Gigantti ( Finland), Elko ( Iceland) and Elding (Faroe Islands). Th ...

- Consumer electronics stores * Nota Bene - Consumer electronics store in Nuuk * SuKu - Home decor stores Pisiffik also owns wholesaler KK Engros.

References

{{Companies of Greenland Companies based in Nuuk