RNB RETAIL AND BRANDS PARTNERS WITH COOP

RNB RETAIL AND BRANDS PARTNERS WITH COOP

ID: 172589

(Thomson Reuters ONE) -


RNB RETAIL AND BRANDS has signed a partnership agreement with Coop whereby, as
of year-end, Coop members will receive refunds, discounts and exclusive offers
from Polarn O. Pyret, JC and Brothers & Sisters.

The partnership between RNB and Coop provides Coop's 3.2 million members with a
refund of 1 percent on all purchases when shopping at Polarn O. Pyret, JC or
Brothers & Sisters. Coop members will also be offered discounts and targeted,
exclusive offers.

"With its enormous customer base, Coop is an attractive business partner for us.
The partnership with Coop will enable RNB to reach new customer groups and to
intensify its relationship with existing customers. We also foresee the
potential of developing powerful joint offers. The ultimate aim is to develop
the partnership so that, in addition to accumulating refunds, customers will
also be able to make payments in our stores using Coop member refunds," says
Magnus Håkansson, President and CEO of RNB RETAIL AND BRANDS.

The partnership between RNB and Coop encompasses all Polarn O. Pyret, JC and
Brothers & Sisters stores throughout Sweden. The launch is scheduled for the
last week in October, which means that as of that date Coop members will be able
to accumulate refunds on their purchases.

"I am delighted that we have secured an agreement with RNB that gives our
members such strong added value. When we asked our members what type of company
they would prefer us to partner with, clothing companies topped the list. Our
partnership with RNB will enable us to offer a number of powerful brands for the
entire family," says Thomas Engelhart, President of Coop Marknad.



For further questions please contact:
Magnus Håkansson, President and CEO of RNB, phone: +46 8 410 520 02, mobile:
+46 768 87 20 02, e-mail: magnus.hakansson(at)rnb.se




Thomas Engelhart, CEO of Coop Marknad, mobile: +46 703 20 62 39


RNB RETAIL AND BRANDS owns, operates and develops fashion, clothing,
accessories, jewelry and cosmetics stores that focus on providing excellent
service and a world-class shopping experience. Sales are mainly conducted in
Scandinavia through the three store concepts Brothers & Sisters, JC and Polarn
O. Pyret, as well as through shops in the department stores NK in Stockholm and
Gothenburg. RNB RETAIL AND BRANDS has operation in 10 countries. RNB RETAIL AND
BRANDS has been listed on the OMX Nordic Exchange since 2001.


RNB RETAIL AND BRANDS PARTNERS WITH COOP:
http://hugin.info/132993/R/1632321/523573.pdf



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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: RNB Retail and Brands AB via Thomson Reuters ONE
[HUG#1632321]




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Bereitgestellt von Benutzer: hugin
Datum: 08.08.2012 - 09:01 Uhr
Sprache: Deutsch
News-ID 172589
Anzahl Zeichen: 3345

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Stockholm



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