Colruyt Group

Last updated
Colruyt Group nv
FormerlyEtablissementen Franz Colruyt N.V.
Company type Private
Euronext Brussels:  COLR
Industry Retail
Founded1928
FounderFranz Colruyt
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

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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.