Colruyt Group

Last updated
Colruyt Group
Company type Public (N.V.)
Euronext Brussels:  COLR
BEL 20 component
Industry Retail
Founded1928
FounderFranz Colruyt
Headquarters Halle, Belgium
Key people
Jef Colruyt (Executive chairman)
Services Supermarkets, toy and leisure retail, wholesale, cash and carry
Revenue€9.434 billion (2018/2019) [1]
€485 million (2018/2019) [1]
€384 million (2018/2019) [1]
Total assets €2.406 billion (2018/2019) [1]
Total equity €2.208 billion (2018/2019) [1]
Number of employees
29,903 (2018/2019) [1]
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">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.

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 Mülheim.

Coles Supermarkets Australia Pty Ltd, trading as Coles, is an Australian supermarket, retail and consumer services chain, headquartered in Melbourne as part of the Coles Group. Founded in 1914 in Collingwood by George Coles, Coles operates 846 supermarkets throughout Australia, including several now re-branded Bi-Lo Supermarkets. Coles has over 120,000 employees and accounts for around 27 per cent of the Australian market. Coles' large head office site in Melbourne's inner south-east has 4,000 employees of the workforce located inside.

<span class="mw-page-title-main">Safeway</span> American supermarket chain owned by Albertsons Companies, Inc

Safeway, Inc. is an American supermarket chain. The chain provides grocery items, food and general merchandise and features a variety of specialty departments, such as bakery, delicatessen, floral and pharmacy, as well as Starbucks coffee shops and fuel centers. It is a subsidiary of Albertsons after being acquired by private equity investors led by Cerberus Capital Management in January 2015. Safeway's primary base of operations is in the Western United States with some stores located in the Mid-Atlantic region of the Eastern Seaboard. The subsidiary is headquartered in Pleasanton, California.

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.

SuperValu, Inc., was an American wholesaler and retailer of grocery products. The company, formerly headquartered in the Minneapolis suburb of Eden Prairie, Minnesota, had been in business since 1926. It is a wholly owned subsidiary of United Natural Foods (UNFI).

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

A big-box store 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">Axfood</span> Swedish company

Axfood AB is a Swedish company that operates in Sweden. It was formed in May 2000 through a merger between the Swedish grocery store chains Hemköp, D&D Dagligvaror, Spar Sverige, and Spar Inn Snabbgross.

<span class="mw-page-title-main">Kesko</span> Finnish retailing company

Kesko Corporation is a Finnish retailing conglomerate with its head office in Kalasatama, Helsinki. It is engaged in the grocery trade, building and technical trade, and car trade. It also has operations in Sweden, Norway, Denmark, Estonia, Latvia, Lithuania, and Poland.

<span class="mw-page-title-main">Price Rite</span> American supermarket chain

Price Rite is a chain of supermarkets found in Connecticut, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, and Rhode Island. Based in Keasbey, New Jersey, Price Rite is owned by New Jersey-based Wakefern Food Corporation, the cooperative behind ShopRite Supermarkets, Dearborn Market, and The Fresh Grocer. Prior to 2014, Wakefern owned and operated all Price Rite stores.

<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">Grocery Outlet</span> American retail company

Grocery Outlet Holding Corp. is an American discount closeout retailer consisting exclusively of supermarket locations that offer deeply discounted, overstocked, and closeout products from name-brand and private-label suppliers. The company has stores in California, Oregon, Washington, Idaho, Nevada, Pennsylvania and New Jersey.

<span class="mw-page-title-main">Pick-N-Pay Supermarkets</span>

Pick-N-Pay Supermarkets was a chain of supermarkets which operated in the Greater Cleveland, Ohio area. The company's origin can be traced to the year 1928 and the opening of a small dairy store in Cleveland Heights, Ohio by Edward Silverberg who then expanded his operation and created a chain of such stores which he called Farmview Creamery Stores. In 1938, Mr. Silverberg opened a supermarket on E. 185th Street which he called Pick-N-Pay. In 1940, he changed the name of all his stores to Pick-N-Pay Supermarkets. He grew the chain to a total of 10 stores and in 1951 sold the company to Cook Coffee Company. Under Cook Coffee's ownership, the chain continued to grow through expansion and through Pick-N-Pay's acquisition of the Foodtown supermarkets in 1959. In 1972, it was sold to a group of private investors led by Julius Kravitz, who continued the use of the brand for the newly independent company. Principal competitors in the Greater Cleveland market were the Fisher-Fazio-Costa, Stop-N-Shop, and Heinen's grocery chains.

<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">Colruyt (supermarket)</span> Belgian supermarket chain

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

<span class="mw-page-title-main">Veganz</span> First vegan supermarket chain in Europe

Veganz Group AG is a vegan brand headquartered in Berlin, Germany. Veganz was founded as the first vegan supermarket chain in Europe.

Drakes Supermarkets is a privately owned Australian independent retail chain based in South Australia.

References

  1. 1 2 3 4 5 6 7 "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.