Colruyt Group

Last updated
Colruyt Group
Euronext Brussels:  COLR
Industry Retail
Founded1928
HeadquartersEdingensesteenweg 196
Halle, Belgium
Key people
Stefan Goethaert (Executive)
Jef Colruyt (Chairman)
Services Distribution
Revenue€10.820 billion (2022-2023)
€201 million (2022-2023)
Website www.colruytgroup.com
Cara, a brand of Colruyt, illustrated here by a can of Pils on a mural of the railway station of Louvain-la-Neuve (Belgium). Belgique - Louvain-la-Neuve - Gare - Quai - Belgian beers - 03.jpg
Cara, a brand of Colruyt, illustrated here by a can of Pils on a mural of the railway station of Louvain-la-Neuve (Belgium).

Colruyt Group is a Belgian family-owned retail corporation that is managing the Colruyt supermarkets and other subsidiaries such as OKay, Bio-Planet, DATS 24, DreamLand, DreamBaby, and more.

Contents

Founded in 1928 by Franz Colruyt, the group today is most significantly known for its eponymous discount supermarket chain, which is one of the major players in especially Belgium. Colruyt Group is headquartered in the city of Halle and has operations in Belgium, France and Luxembourg.

Operations

The group's main business is its Colruyt discount supermarket stores, with over 220 locations in Belgium. [1] The brand competes directly with discount retailers such as Aldi and Lidl. [2] Other food retail brands operated by the company include the grocery store chain OKay and the organic supermarket Bio-Planet. Colruyt is also one of two franchisees of the SPAR brand in Belgium. In France Colruyt operates its eponymous chain and also supplies the Coccinelle chain of supermarkets.

List of subsidiaries

Milestones

Related Research Articles

<span class="mw-page-title-main">Supermarket</span> Large format of grocery store

A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections. This kind of store is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market. In everyday United States usage, however, "grocery store" is often used to mean "supermarket".

<span class="mw-page-title-main">Grocery store</span> Retail store that primarily sells food and other household supplies

A grocery store (AE), grocery shop (BE) or simply grocery is a foodservice retail store that primarily retails a general range of food products, which may be fresh or packaged. In everyday U.S. usage, however, "grocery store" is a synonym for supermarket, and is not used to refer to other types of stores that sell groceries. In the UK, shops that sell food are distinguished as grocers or grocery shops

<span class="mw-page-title-main">Save A Lot</span> American retail and grocery company

Save A Lot Food Stores Ltd. is an American discount supermarket chain store headquartered in St. Ann, Missouri, in Greater St. Louis. It has about 900 independently owned and operated stores across 32 states in the United States with over $4 billion in annual sales.

<span class="mw-page-title-main">Aldi</span> German multinational discount supermarket chain

Aldi is the common company brand name of two German multinational family-owned discount supermarket chains operating over 12,000 stores in 18 countries. The chain was founded by brothers Karl and Theo Albrecht in 1946, when they took over their mother's store in Essen. The business was split into two separate groups in 1960, that later became Aldi Nord, headquartered in Essen, and Aldi Süd, headquartered in neighbouring Mülheim.

A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs.

<span class="mw-page-title-main">Big-box store</span> Physically large retail establishment

A big-box store, a hyperstore, a supercenter, a superstore, or a megastore is a physically large retail establishment, usually part of a chain of stores. The term sometimes also refers, by extension, to the company that operates the store. The term "big-box" references the typical appearance of buildings occupied by such stores.

<span class="mw-page-title-main">Woolworths Supermarkets</span> Australian multinational supermarket chain owned by Woolworths Group

Woolworths Supermarkets is an Australian chain of supermarkets and grocery stores owned by Woolworths Group. Founded in 1924, Woolworths is currently Australia's largest supermarket chain with a market share of 33% as of 2019.

<span class="mw-page-title-main">Bottom Dollar Food</span> Defunct American soft-discount grocery chain

Bottom Dollar Food is a defunct American soft-discount grocery chain. It was a subsidiary of Delhaize America, the U.S. division of international food retailer Delhaize Group. Its headquarters was in Salisbury, North Carolina.

<span class="mw-page-title-main">FreshCo</span> Canadian discount supermarket chain owned by Empire Company Limited

FreshCo Ltd. is a Canadian chain of discount supermarkets owned by Sobeys. It was launched in March 2010. As of September 2023, there were 100 FreshCo stores.

<span class="mw-page-title-main">REWE</span> German supermarket chain

Rewe is a supermarket chain in Germany and the main brand of Rewe Group headquartered in Cologne. The name originated from an abbreviation of the original name "Revisionsverband der Westkauf-Genossenschaften". With about 3,300 stores, Rewe is the second largest food retailer in Germany behind EDEKA.

<span class="mw-page-title-main">Co-op Food</span> British brand of consumer co-operative supermarkets

Co-op is a UK supermarket chain and the brand used for the food retail business of The Co-operative Group, one of the world’s largest consumer co-operatives. As the UK’s fifth largest food retailer, Co-op operates nearly 2,400 food stores. It also supplies products to over 6,000 other stores, including those run by independent co-operative societies, through its wholesale business, Nisa Retail Limited.

<span class="mw-page-title-main">Lidl</span> German multinational discount supermarket chain owned by the Schwarz Group

Lidl is a German international discount retailer chain that operates over 12,000 stores, present in every member state of the European Union, Serbia, Switzerland, the United Kingdom and the United States. Headquartered in Neckarsulm, Baden-Württemberg, the company belongs to the Schwarz Group, which also includes hypermarket chain Kaufland.

<span class="mw-page-title-main">Minipreço</span> Discount retail chain in Portugal

Minipreço is a discount supermarket chain in Portugal, part of Auchan Portugal. Minipreço is one of the largest grocery chains in Portugal by store count, with 443 outlets in the country, second to Pingo Doce, which had 470 stores. The company is seventh in the country in terms of market share, having been eclipsed by Spanish chain, Mercadona in 2022.

Landmark Group is a UAE-based multinational conglomerate headquartered in Dubai founded by Micky Jagtiani, who was the founder and chairman of the company. The group is involved in the retailing of apparel, footwear, consumer electronics, cosmetics & beauty products, home improvement, and baby products. The group also focuses on hospitality & leisure, healthcare, and mall management.

<span class="mw-page-title-main">Colruyt (supermarket)</span> Belgian supermarket chain

Colruyt is a Belgian supermarket chain with the headquarters in Halle, Belgium.

The Eco-score, like the Nutri-Score, is a food label with five categories: from A to E. The aim is to help consumers make more ecological choices when making their purchases.

References

  1. "Annual Report 2018/2019" (PDF). Colruyt. Archived from the original (PDF) on 13 May 2020. Retrieved 29 July 2019.
  2. Blenkinsop, Philip (28 November 2008). "Colruyt H1 profit up, but margins shrink". Reuters . Retrieved 2008-12-14.
  3. "No more meat". Global Action in the Interest of Animals  [ nl ] (GAIA). 22 August 2011. Retrieved 2011-08-22.