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Bónus
Bónus () is an Icelandic No Frills#No-frills supermarkets, no-frills supermarket chain owned by Hagar (company), Hagar. Bónus operates thirty-three stores in Iceland, eight stores in the Faroe Islands, and one store in Denmark. It follows the no-frills format of limited hours, simple shelves, and having a giant fridge instead of chiller cabinets. History Bónus was started by Jón Ásgeir Jóhannesson and his father, Jóhannes Jónsson, with the first store in Skútuvogur street in Reykjavík in April, 1989. Within just a few years, the chain became the biggest supermarket chain in Iceland. In 1992, another Icelandic supermarket, Hagkaup, bought a 50% stake, and in 1993, Hagkaup and Bónus established a joint purchasing company named Baugur Group, Baugur. In 1994, the company began expanding into the Faroe Islands. ''Bónus'' and ''Hagkaup'' are now both owned by ''Baugur Groups subdivision Hagar (company), Hagar. References External links Bónus (Iceland) website (in Icela ...
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Jón Ásgeir Jóhannesson
Jón Ásgeir Jóhannesson (born 27 January 1968 in Reykjavík) is an Icelandic businessman and former CEO of Baugur Group. Early career Jón Ásgeir's parents were Jóhannes Jónsson (1940–2013) and Ása Karen Ásgeirsdóttir (1942-), who both worked at the Sláturfélag Suðurlands in Reykjavík. Jón Ásgeir was later to marry Ingibjörg Stefanía (1961-), the daughter of Pálmi Jónsson. Jón Ásgeir has three children with his former wife Linda Margrét Stefánsdóttir: Ása Karen, Anton Felix and Stefán Franz Jónsson (and Ingibjörg has three children: Sigurður Pálmi, Júlíana Sól and Melkorka Katrín). Jón Ásgeir given the following thumbnail portrait by Ármann Þorvaldsson: :: The man who was to become the face of the Icelandic business community abroad was Jon Asgeir Johannesson ... With his rugged good looks, he would soon be portrayed in the foreign press as the seductive playboy from the north with glacier eyes ... He was already wearing his trademark ...
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Jóhannes Jónsson
Jóhannes Jónsson (31 August 1940 – 27 July 2013) was an Icelandic businessman and one of the founders of the investment company Baugur Group, which applied for bankruptcy protection in February 2009. His warm public personality and co-founding of the supermarket chain Bónus led him to be known as Jói í Bónus. Early life Jóhannes's parents were Jón Elías Eyjólfsson, a store manager at the Sláturfélag Suðurlands in Reykjavík (1916-2001) and Kristín Fanney Jóhannesdóttir, a housewife and also an employee of the Sláturfélags Suðurlands (1918-2012). Jóhannes had a sister, Ester (1947-), who married Einar Vilhjálmsson (1947-). Jóhannes married Ása Karen Ásgeirsdóttir (1942-), who also worked at the Sláturfélag. They had two children: Kristín (1963-) and Jón Ásgeir (1968-). Subsequently he married Guðrún Þórsdóttir (1961-). Jóhannes began working at a young age for his father in the food section of the Sláturfélag Suðurlands, later becoming t ...
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Hagkaup
Hagkaup () is an Icelandic hypermarket chain owned by retail company Hagar. Its concept is wide selection of food and non-food products including clothing, electronics, entertainment, seasonal goods and toys. History Founded in 1959 by Pálmi (1923–91) in an old barn as a mail-order company, it found success as a cheaper choice than most other retailers in Reykjavík. The company soon expanded and opened up its first store in the barn. In 1967 Hagkaup opened the first supermarket in Iceland in an old warehouse in Skeifan, Reykjavík, which continues to enjoy great popularity among its customers to this day. The Hagkaup head office is located in Holtagarðar, Reykjavík. In 1998 the children of Pálmi Jónsson—Sigurður Gísli, Jón, Ingibjörg and Lilja—sold the company and their 50% stake in Bónus Bónus () is an Icelandic No Frills#No-frills supermarkets, no-frills supermarket chain owned by Hagar (company), Hagar. Bónus operates thirty-three stores in Iceland, ...
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Hagar (company)
Hagar hf. is an Icelandic holding company based in Kópavogur that owns a number of retail and wholesale companies in Iceland, Sweden, and Denmark. Each of Hagar's companies are run individually. As of 2014, Hagar's subsidiaries had a combined 48% market share in the Icelandic food retail market. As of October 2016, the company operated 57 stores, including the Hagkaup and Bónus chains, and had approximately 2,200 employees. Hagar hf is listed on the Iceland Stock Exchange as HAGA. Operations * Hagkaup * Bónus * Aðföng * Hýsing * Ferskar kjötvörur * Bananar ehf. * Olíuverzlun Íslands Hagar also used to operate stores in Iceland under franchise agreements for Debenhams, Topshop, Zara, Warehouse, Evans, Dorothy Perkins Dorothy Perkins is a British online women's fashion retailer operated by Debenhams Group in the United Kingdom. Formerly a store chain, it sold both its own range of clothes and branded fashion goods until February 2021, when it became part o ...
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No Frills
A no-frills or no frills service or product is one for which the non-essential features have been removed to keep the price low. The term "Ruffle (sewing), frills" originally refers to a style of fabric decoration. Something offered to customers for no additional charge may be designated as a "frill" – for example, free drinks on airline journeys, or a radio installed in a rental car. No-frills businesses operate on the principle that by removing luxurious additions, customers may be offered lower prices. Common products and services for which no-frills brands exist include budget airlines, supermarkets, Tourism, vacations and used car, used vehicles. Supermarkets No-frills supermarkets are recognisable by their store design and business model. *They do not decorate aisles. Prices are given on plain labels. *Queueing at the checkout lane, checkout is relatively common, as staffing levels reflect average demand rather than peak demand. At actual peak times, customers often have ...
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Baugur Group
Baugur Group (; Icelandic: ) was an Icelandic investment company. The group began as a supermarket and general retail company in Iceland, before diversifying to own a number of businesses at its peak, primarily in the United Kingdom. Baugur was heavily affected by the Icelandic financial crisis that began in 2008, and applied for bankruptcy protection in February 2009. Its largest creditor Landsbanki applied to place Baugur's UK arm, BG Holdings, into administration that month. The group filed for bankruptcy in March 2009. History In 1989, the Baugur Group was started by the opening of a single 'Bónus' supermarket in Reykjavík by Jón Ásgeir Jóhannesson and his father, Jóhannes Jónsson. The company grew quickly and within three years was operating several supermarkets in Iceland. In 1992, Hagkaup, the leading domestic retailer, acquired 50% of shares in Bonus. In 1993, they merged and formed a joint purchasing company named Baugur. Hagkaup was established over 50 ye ...
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1989 Establishments In Iceland
1989 was a turning point in political history with the "Revolutions of 1989" which ended communism in Eastern Bloc of Europe, starting in Poland and Hungary, with experiments in power-sharing coming to a head with the opening of the Berlin Wall in November, the Velvet Revolution in Czechoslovakia and the overthrow of the communist dictatorship in Romania in December; the movement ended in December 1991 with the dissolution of the Soviet Union. Revolutions against communist governments in Eastern Europe mainly succeeded, but the year also saw the suppression by the Chinese government of the 1989 Tiananmen Square protests in Beijing. It was the year of the first Brazilian direct presidential election in 29 years, since the end of the military government in 1985 that ruled the country for more than twenty years, and marked the redemocratization process's final point. F. W. de Klerk was elected as State President of South Africa, and his regime gradually dismantled the aparthei ...
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Retail Companies Established In 1989
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that co ...
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Supermarkets Of Iceland
A supermarket is a self-service Retail#Types of outlets, shop offering a wide variety of food, Drink, beverages and Household goods, household products, organized into sections. Strictly speaking, a supermarket is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or Big-box store, big-box market. In everyday American English usage, however, "grocery store" is often casually used as a synonym for "supermarket". The supermarket retail format first appeared around 1930 in the United States as the culmination of almost two decades of retail innovations, and began to spread to other countries after extensive worldwide publicity in 1956. The supermarket typically has places for fresh meat, fresh produce, Dairy product, dairy, Delicatessen, deli items, baked goods, and similar foodstuffs. Shelf space is also reserved for canned and packaged goods and for various non-food items such as kitchenwa ...
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Keflavík
Keflavík (pronounced , meaning ''Driftwood Bay'') is a town in the Reykjanes region in southwest Iceland. It is included in the municipality of Reykjanesbær whose population as of 2016 is 15,129. In 1995, Keflavík merged with nearby Njarðvík and Hafnir to form the municipality of Reykjanesbær. Keflavík International Airport, the country's largest airport (serving nearby Reykjavík) is adjacent to the town. History Keflavík was founded by Scottish entrepreneurs and engineers in the 16th century, and developed on account of its fishing and fish processing industry. In the 1940s an airport was built next to the town by the United States military, which served as an important refueling stop for trans-Atlantic flights, especially during World War II World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II b ...
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Kjarninn
''Kjarninn'' () was an Icelandic online newspaper founded in August 2013. Previously ''Kjarninn'' was a weekly digital news magazine served via Apple App Store aimed at tablet computer users but PDFs were also available at the website. Since September 2014 ''Kjarninn was an online-only newspaper. The founders of ''Kjarninn'' originally worked at 365's free newspaper ''Fréttablaðið'', which maintained a virtual monopoly on the market (69% in 2004). In February 2013, Magnús Halldórsson, later a journalist at ''Kjarninn'', criticised businessman and former owner Jón Ásgeir Jóhannesson, whose wife Ingibjörg Pálmadóttir was the owner of 365, for trying to influence the editorial independence of ''Fréttablaðið'' in his favour. Shortly after this, Magnús and Þórður left 365 and founded ''Kjarninn''. From its first publication in August 2013, Kjarninn made headlines in Iceland for publishing leaked material connected to the 2008–11 Icelandic financial crisis. After ...
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