Holdbart is Norway's leading retailer of surplus food items, saving excess products which suppliers are unable to sell to conventional grocery chains and retail outlets. Products that are discontinued, overstocked, nearing their expiry date, or have old or faulty labels can be sold in Holdbart's physical stores or on their website, offered at up to 90% discount compared to their original prices.
Holdbart at a glance
Key developments 2022
During 2022, Holdbart opened two new stores in Norway and had total store sales growth of 12%. Holdbart continued to strengthen its organization and internal processes, especially through revamped marketing strategy and initiatives within store operations. Inflationary pressures and changing grocery shopping habits contributed positively to like-for-like sales growth, demonstrating the company’s resilient business model. Furthermore, Holdbart acquired its largest supplier, and continued to grow its pipeline of new store locations.
Food retail / food surplus
Carbon intensity: Tons CO₂e per EUR m revenue
Total tons CO₂ emitted
Monetized climate impact
Full time employees
Gender balance, % females
Monetized employment impact
Via Summa Compliance
✔ Code of conduct
✔ Supplier code of conduct
✔ Economic Sanctions
✔ Competition Law/Antitrust
✔ Data Protection/IT Security
Science Based Targets
Holdbart to initiate process to set Science Based Targets in Q2 2023, with target commitment by Q4 2023.
Board Gender Diversity
Plan to improve gender diversity towards 40% has been initiated, with a target date of Q2 2024.
What are the challenges Holdbart addresses?
How does Holdbart help?
Our food value chain is inefficient, with unnecessary waste from surplus food products due to overproduction, seasonal products, campaigns, and faulty items.
Holdbart purchases surplus food items and through its physical retail stores ensures access to affordable food items that would otherwise go to waste.
A less wasteful, more circular food system that supports access to affordable food.
What impact does Holdbart create?
Tons of food saved
Tons CO₂e averted from food saved
Number of shopping carts
Who is impacted?
Producers, importers, and wholesalers gain a practical distribution channel for food which otherwise would have been wasted. Consumers across regions in Norway, including lower-income individuals and families, get a more affordable and sustainable shopping basket.
What are the impact considerations?
Without Holdbart, a significant amount of food and retail products that could have been sold to consumers would go to waste.
Holdbart has limited control over the supply of surplus products, which could undermine its ability to consistently stock affordable, sustainable products.