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 ...

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 ...

, the Norwegian grocery wholesaling group, the Danish investment company KFI, and

Greenland Venture 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 i ...

, 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 owner ...

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 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 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 Administrative divisions of Greenland, municipality, the List of cities and towns in Greenland, second-largest city in Greenland, and the largest Arctic ...

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 f ...

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 a ...

Qaqortoq Qaqortoq, formerly Julianehåb, is a city in the Kujalleq 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 southern Greenland and the ...

, 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 - 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