Reitan Retail Joins Forces with Norwegian and Strawberry to Enhance Spenn Loyalty Program

An announcement from Norwegian Air Shuttle ASA ( (GB:0FGH) ) is now available.

Reitan Retail, along with Norwegian and Strawberry, has become a co-owner of Spenn, aiming to develop it into the largest loyalty currency in the Nordics. This collaboration will integrate retail, air travel, and accommodation into a unified loyalty program, enhancing customer experience and offering increased flexibility and benefits. The initiative, which includes brands like Samsung and Adidas, is expected to strengthen the value of loyalty programs for all three companies’ customers, pending regulatory approval.

More about Norwegian Air Shuttle ASA

Reitan Retail is a leading retail company in the Nordics and Baltics, operating supermarkets, convenience stores, and mobility brands. It serves around 2 million customers daily through well-known brands such as REMA 1000, Narvesen, 7-Eleven, and Uno-X Mobility in Norway.

YTD Price Performance: 20.89%

Average Trading Volume: 340,850

Technical Sentiment Signal: Hold

Current Market Cap: NOK12.83B

For detailed information about 0FGH stock, go to TipRanks’ Stock Analysis page.