Watch the entire Stavrum & Eikeland podcast with Ole Robert Reitan here:
Norway has the highest food prices in the world. According to Ole Robert Reitan, who with his father Aud and his brother Magnus’ family controls Reitan’s grocery empire, which has a turnover of more than NOK 100 billion in 2021, prices will continue to rise.
– There is no reason to believe that prices will not continue to move in a negative direction, says Rytan, when he visited Stavrum & Eikeland.
Danish food prices
One of the main reasons why food prices are the highest in the world here on the mountain is to protect the import of agricultural products.
– We operate Rema 1000 in Denmark on exactly the same model as in Norway, and prices there are 30-40 percent lower. If we can bring goods from our warehouse in Horsens to our stores in Norway, we can reduce prices by 30-40 percent, says Reitan.
See here Ole Robert Reitan explains:
At Stavrum & Eikeland, Reitan launches proposals that can stop and reverse a price trend. He also takes on his fiercest rival, who he believes is working far more ineffectively than his own people.
He also shed light on how the grocery giants price their products and that he’s still struggling to understand how Oda will make money. He also pulls the original titled “Private Jet”!
Watch here Ole Robert Reitan Quit Buying a Private Jet!
Hear more episodes of Stavrum and Eikeland Spotify or Apple Podcast.
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