Rahul Sharma (Editor)

Överskottsbolaget

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Type
  
Aktiebolag

Website
  
www.öob.se

Founded
  
1948

Parent organization
  
Runsvengruppen AB

Genre
  
Retailing

Revenue
  
4.13 billion SEK (2014)

Number of employees
  
1,174 (2014)

Överskottsbolaget wwwobsestoragecms17eee6bf9a2849c1b19ab509412

CEO
  
Johan Sjöhagra (18 Nov 2013–)

Headquarters
  
Mjölby Municipality, Sweden

ob nya verskottsbolaget premi r i tornby med babsan konsert


ÖoB (short for Överskottsbolaget) is a Swedish discount store, owned by the Runsvengruppen. It sells non-perishable food and drink, health & beauty products, homewares, DIY products and garden equipment. It has over 100 stores nationwide.

Contents

Runsvengruppen

The company was founded in 1948 by Rune Svensson when he opened a village shop in Mariedamm (Askersund Municipality) which he created a direct sales channel and later expanded to a store in the nearby town of Skänninge in 1957. Due to difficulties with suppliers at home in Sweden, he started sourcing goods from China and Eastern Europe for his stores. This created his chain of Bonusvaruhusen. He later passed on his chain to his son Oskar in 1977.

In 1992, Runsvengruppen bought Överskottsbolaget with its nine stores, and later changed the retail name for all stores of the group to Överskottsbolaget or ÖoB for short. The seemingly superfluous o between Ö and B was added as ÖB is short for Överbefälhavare, or Commander-in-chief, and is thus prohibited for use as a company name.

Överskottsbolaget

Överskottsbolaget first came about in 1960 when the Swedish army quartermasters (Försvarets Fabriksverk, FFV) started selling surplus items, hence the name (överskott means surplus) from the Swedish army directly to the public. FFV was privatised in 1991.

References

Överskottsbolaget Wikipedia