Pisiffik A/S is a chain of

Greenland Greenland is an autonomous territory in the Danish Realm, Kingdom of Denmark. It is by far the largest geographically of three constituent parts of the kingdom; the other two are metropolitan Denmark and the Faroe Islands. Citizens of Greenlan ...

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 outlets. With a 43,2 % market share in 2018, NorgesGruppen was the largest player in the Norwegian grocery retail market. The business dates back to 1866 w ...

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

state-owned State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to ...

investment firm.

History

Pisiffik was first established in 1993 as KNI Pisiffik A/S, a subsidiary of Greenland's KNI conglomerate. Located 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, NorgesGru ...

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 (), also known by its Danish name Holstensborg or 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 loos ...

Nuuk Nuuk (; , formerly ) is the capital and most populous city of Greenland, an autonomous territory in the Kingdom of Denmark. Nuuk is the seat of government and the territory's largest cultural and economic center. It is also the seat of gove ...

Operations

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

Aasiaat Aasiaat (), also known as Egedesminde, is a town in the Qeqertalik municipality in western Greenland, located on its namesake island in the heart of Aasiaat Archipelago at the southern end of Disko Bay. With a population of 2,980 as of 2021, it ...

Ilulissat Ilulissat, also known as Jacobshavn or Jakobshav, is the municipal seat and largest town of the Avannaata municipality in western Greenland, located approximately north of the Arctic Circle. With a population of 4,670 as of 2020, it is the ...

Maniitsoq Maniitsoq () or Sukkertoppen is a town on 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 ha ...

Qaqortoq Qaqortoq (), also known as Julianehåb, is the capital city of 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 in sout ...

, and

Brands

Pisiffik operates the following brands: * Pisiffik - Supermarkets * SPAR - Grocery stores * Akiki - Discount store * Pisattat - Consumer electronics stores * Torrak Fashion - Clothing stores *

JYSK Jysk A/S ( ) is a Danish retail chain specializing in household goods, including mattresses, furniture, and interior décor. As Denmark's largest international retailer, Jysk operates more than 3,400 stores across 48 countries. The name "Jysk"� ...

- Furniture stores * Elgiganten - Consumer electronics stores * Nota Bene - Consumer electronics store in Nuuk * ILVA - Furniture store * Sunset Boulevard - Fast-food restaurants * SuKu - Home decor stores Pisiffik also owns wholesaler KK Engros.

References

{{Companies of Greenland Companies based in Nuuk Retail companies of Greenland