This article needs additional citations for verification .(April 2022) |
Native name | Globus Holding |
---|---|
Company type | GmbH & Co. KG |
Industry | Retail |
Founded | 1828 1966 (first Globus hypermarket) |
Founder | Franz Bruch |
Headquarters | , Germany |
Number of locations | 101 hypermarkets in Germany, the Czech Republic and Russia; 90 DIY stores in Germany and Luxembourg |
Area served | Europe |
Revenue | 9,820,000,000 Euro (2022) |
486,200,000 Euro (2022) | |
136,000,000 Euro (2021) | |
Number of employees | 47,000 (June 2022) |
Website | http://www.globus.de, http://www.globus-baumarkt.de |
The Globus Group, led by Globus Holding (Globus Holding GmbH & Co. KG), branded as Globus, is a German retail company based in Sankt Wendel, Saarland (Germany). The Globus Holding includes the Globus hypermarkets in Germany (known as Globus Markthallen), Russia and the Czech Republic (known as Globus Hypermarkets), as well as the Globus DIY stores (known as Globus Baumarkt).
In 1828, Franz Bruch (1801–1865) opened a grocery store under his own name in Sankt Wendel, a town in northeastern Saarland, Germany. The company management passed to his son Joseph Adam Bruch (1837–1905) in 1865. [1] Joseph Karl Bruch (1873–1949), the founder's grandson, took over from his father in 1905. Since then, the company has developed from being a retailer only and expanded into wholesale. On 1 February 1949, Joseph died and his two sons, Franz-Josef and Dr Walter Bruch (1913–1999), took over the company. In the 1950s, the shopping behaviour of consumers changed, and self-service made its way into the retail trade. Walter and Franz Josef Bruch began to restructure the company. It delevoped into a Cash and carry market. In 1953 the company opened its first self-service grocery at its headquarters under the name "A. Backhaus KG".
The company grew further with the opening of a consumer market in Einöd in 1966. That store is regarded as the forerunner of the later Globus hypermarkets. The following years were characterized by further openings and expansion, making Globus one of the largest food retailers in Germany today.
After German reunification, Globus opened its first store in eastern Germany. With the opening of the first hypermarket in the Czech Republic in 1996, Globus took the first step towards expansion outside Germany. Followed by the opening of the first hypermarket in Russia in 2006. [2]
In 2005, Globus opened its first master bakeries in some hypermarkets. In addition, there are specialist butchers and often restaurants. Fresh counters for sushi, cheese and fish complete the offer. Some locations also have petrol stations and car washes. [3]
On 1 July 2020, Thomas Bruch handed over the management of Globus Holding to his son Matthias Bruch. [4]
In August 2020, Globus hypermarkets joined the RTG (Retail Trade Group) retail cooperation, currently one of the largest retail cooperations in Germany. [5] At the end of 2020, the Federal Cartel Office Globus approved the takeover of up to 24 Real stores. [6] [7] In 2021, the first three of 16 Real markets in Braunschweig, Krefeld and Essen became part of Globus. Ten further former Real locations were converted and integrated into the company in 2022, followed by the last three location takeovers in 2023: Wesel, Siegen and Hamburg-Lurup.
As part of a revision of the concept and appearance of the company's stores, they were renamed Markthallen in January 2022. At the same time, Globus SB-Warenhaus Holding changed its name to Globus Markthallen Holding. [8]
In 1982, Erich Huwer initiated the first Globus DIY store in Saarbrücken, Germany and subsequently built up the company's independent DIY division. Independent DIY stores followed in Zweibrücken in 1986 and Regensburg in 1988. In 1990, expansion into eastern Germany began with the opening of a DIY store in Ilmenau.
In 1987, the activities were merged into Globus Baumarkt Holding GmbH & Co. KG, and since 2003 the company has been known as Globus Fachmärkte GmbH & Co. KG. Its business is centred on DIY, home improvement and garden supplies.
In July 2007, Globus Baumarkt acquired 33 Hela large-scale DIY stores from the Distributa Group, 31 of them in Germany and two in Luxembourg. [9] In December 2013, Globus Baumarkt announced the takeover of eleven locations of the insolvent DIY chain Max Bahr. [10]
In January 2020, Timo Huwer, who had already been part of the management of Globus Fachmärkte since 2012, took over the position of his father Erich Huwer as spokesman of the management board. [11]
Globus operates 65 stores in Germany, 36 hypermarkets in the Czech Republic and in Russia (fiscal year 2022/23). In the Czech Republic, the company also operates two pilot locations of a small-scale format called Globus Fresh in Pardubice and Prague-Stodůlky.
There are 90 Globus Baumarkt (DIY) stores, 88 of them in Germany and two in Luxembourg, with around 9,400 employees. The administration is located in Völklingen, Saarland (Germany).
Country | First store | Number of stores |
---|---|---|
Czech Republic | 1996 | 16 |
Germany | 1966 | 65 (+ 88 DIY) |
Russia | 2006 | 18 |
Luxembourg | 2007 | 2 DIY |
Globus Holding GmbH & Co. KG headquartered in Sankt Wendel, Germany, includes three divisions: Hypermarkets, DIY stores, and Real Estate. The Hypermarkets division comprises the business units in Germany, the Czech Republic and Russia.
The Globus Group employs around 47,000 people, of whom around 9,400 work in the Globus Baumarkt (DIY) stores. Globus Group closed the 2022/2023 financial year with sales of €9.82 billion. [12]
Despite Russia's invasion of Ukraine in 2022, Globus Group continues operations in Russia, which has drawn criticism. [13] Despite the public pressure, the managing director Matthias Bruch wants to continue the business in Russia for financial reasons. [14] [15]
Metro AG is a German multinational company based in Düsseldorf which operates business membership-only cash and carry stores primarily under the Metro brand. As of March 2024, Metro is operating 626 wholesale stores in 21 countries, including Europe, Kazakhstan, and Pakistan.
BILLA is an Austrian supermarket chain that operates in central, eastern and southeastern Europe. The company was founded by Karl Wlaschek in 1953. He sold his controlling interest to Germany's REWE Group in 1996.
Sankt Wendel is a town in northeastern Saarland. It is situated on the river Blies 36 km northeast of Saarbrücken, the capital of Saarland, and is named after Saint Wendelin of Trier. According to a survey by the German Association for Housing, Town Planning and Land Use Regulation, St. Wendel is known to be one of the wealthiest regions in Germany, behind Starnberg in Bavaria.
Auchan is a French multinational retail group headquartered in Croix, France. It was founded in 1961 by Gérard Mulliez and is owned by the Mulliez family, who has 95% stake in the company. With 354,851 employees, of which 261,000 have 5% stake in the company, it is the 35th largest employer in the world.
Globus is Latin for sphere or globe. It may also refer to:
Karstadt Warenhaus GmbH was a German department store chain whose headquarters were in Essen. Until 30 September 2010 the company was a subsidiary of Arcandor AG and was responsible within the group for the business segment of over-the-counter retail.
Kaufland is a German hypermarket chain, part of the Schwarz Gruppe which also owns Lidl. The hypermarket directly translates to English as "buy-land." It opened its first store in 1984 in Neckarsulm and quickly expanded to become a major chain in what was formerly West Germany. It operates over 1,500 stores in Germany, Croatia, the Czech Republic, Slovakia, Poland, Romania, Bulgaria and Moldova.
Mein Real was a chain of hypermarkets in Germany owned by Metro AG until 2020 when it was sold to The SCP Group. It was formed in 1992, from the merger of chains divi, Basar, Continent, Esbella and real-kauf. Until 2014 it was also active internationally, in Poland, Romania, Russia, Ukraine and Turkey; most of these operations were bought by French retail company Auchan Group. In 2018, Metro decided to divest the Real chain and in 2021, many markets were taken over by either Edeka, Kaufland, Globus, Rewe or V-Markt and got rebranded with the brand of the respective new owner. The process of selling was finished by mid of 2022. However, the original plans to liquidate real completely were dropped in early 2022 when it was decided that the remaining 60 stores will continue under the real brand name under new ownership. Real's former website (real.de) was replaced by kaufland.de in 2021. The new website can be found at meinreal.de.
Hornbach Baumarkt AG is a German DIY-store chain offering home improvement and do-it-yourself goods. Hornbach is one of the leading DIY-store chains in Germany. In the 2020/2021 financial year, the Hornbach Baumarkt Group generated sales of Euro 5.1 billion. The stores are owned and operated by Hornbach Baumarkt AG.
Tengelmann Twenty-One KG is the Munich-based Holding of the Tengelmann Group, a family-owned company established in 1867. The company identifies as an active entrepreneurial family investor, currently holding shares in more than 50 companies in Europe and North America. The diverse portfolio includes large retailers such as OBI and KiK, the real estate company TREI, the energy consulting company Tengelmann Energie, the insurance company Tengelmann Assekuranz as well as Tengelmann Audit. Their affiliated investment companies Tengelmann Ventures, Emil Capital Partners and Tengelmann Growth Partners invest in Start-ups and Grown-ups in Europe and North America.
OBI GmbH & Co. Deutschland KG is a German multinational home improvement supplies retailing company. It is headquartered in Wermelskirchen and operates 668 stores in Europe, of which 351 are in Germany.
Norma is a food discount store with more than 1,300 stores in Germany, France, the Czech Republic and Austria. The stores are appearing as Norma and Norma-Rodi, as Norma has acquired the company Rodi.
Kika is an international chain of furniture stores, headquartered in Austria. It has 70 stores, most of them in Europe.
X5 Group is Russia's largest food retailer. In 2012, the organization of X5-Retail Group LLC was liquidated, and in 2018 X5 Group LLC was opened.
Signa Holding GmbH is Austria's largest privately owned real estate company. Signa Holding GmbH announced insolvency proceedings at the end of November 2023. The company will apply for self-administration restructuring proceedings at the Commercial Court of Vienna.
Mia Münster was a German artist.
Albrecht Hornbach is a German businessman, CEO of the German DIY store Hornbach since 1998, and president of the group's holding since 2001.
Driver Reifen und KFZ-Technik is a German company providing tire and car services. Since 1994, the company has been part of the Italian tire manufacturer Pirelli and is a 100% subsidiary of Deutsche Pirelli Reifen Holding GmbH. The company has more than 80 stores in Germany operating under several brand names including Pneumobil, Driver, and Reifen-Wagner. It employs approximately 500 people and had revenues of approx. €100 million in 2016. The company's service offering includes tires, rims, high-quality car services and car accessories for almost all types of vehicles. The company is headquartered in Breuberg in the Odenwald region, on the factory premises of Pirelli Deutschland GmbH.