Jysk

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Jysk A/S
Company typePrivate
Industry Retail
Founded2 April 1979;46 years ago (2 April 1979) in Aarhus, Denmark
Founder Lars Larsen
Headquarters Brabrand, Denmark
Number of locations
3,400 [1]
Area served
Europe (including Armenia, Azerbaijan, Georgia, Greenland), Tajikistan, Kuwait, United Arab Emirates, Thailand, Vietnam, Canada
Key people
Jacob Brunsborg (chairman)
RevenueIncrease2.svg 5.6 billion (FY24) [1]
Increase2.svg 594 million (FY24) [1]
Number of employees
31,000 [1]
Parent Lars Larsen Group
Website jysk.com

Jysk A/S (Danish: [ˈjysk] YUHSK) is a Danish retail chain specializing in household goods, including mattresses, furniture, and interior décor. As Denmark's largest international retailer, Jysk operates over 3,400 stores across 48 countries. [1] The name "Jysk" (meaning "Jutlandic") reflects the company's Danish roots. It was founded by Lars Larsen, who opened the first store on Silkeborgvej in the Danish city of Aarhus in April 1979. [2] Today, Jysk is owned by the family of its founder through the Lars Larsen Group, a holding company that also fully or partly owns furniture chains such as ILVA, IDÉmøbler, IDdesign, Bolia.com, and Sengespecialisten. [3] The company’s logo features a goose, symbolically linked to the brand’s history. [4] Known for its Scandinavian design, Jysk is sometimes referred to as a small-scale Danish IKEA. [5]

Contents

History

1979–1989

On 2 April 1979, the first Jysk Sengetøjslager store opened in Aarhus, Denmark, where it continues to operate today. [6]

In 1984, Jysk Sengetøjslager expanded beyond Denmark, opening its first store in Germany under the name Dänisches Bettenlager. That same year, the company launched its first franchise store in Greenland. In 1986, Jysk opened its first store in the Faroe Islands, followed by an expansion into Iceland in 1987, with a store in Kópavogur under the name "Rúmfatalagerinn." In 1988, Jysk entered the Norwegian market, opening its first store in Stavanger under the name "Norsk Sengetøylager."

1990–1999

In 1995, Jysk opened its first store in Finland. [7] In 1996, Jysk expanded to North America, opening its first Canadian store in Coquitlam, British Columbia. [8] In 1998, Jysk celebrated the opening of its 500th store.

2000–2009

In 2000, Jysk entered the Polish market. [9] In 2001, the company unified its branding, changing the store names in Denmark, Sweden, Norway, and Finland from Jysk Sengetøjslager, Jysk Bäddlager, Norsk Sengetøylager, and Jysk Vuodevarasto to simply Jysk. In 2004, Jysk opened its first store in Hungary. In 2008, Jysk Nordic inaugurated Northern Europe’s largest warehouse in Uldum, Mid-Jutland, covering an area of 64,000 m². [10] The same year, Jysk expanded into the UK, with stores opening in Mansfield and Lincoln in April, followed by Blackburn and York in the summer. [11]

2010–2019

In 2010, Jysk was awarded a royal warrant of appointment as a purveyor to the Queen of Denmark. Also in 2010, the company's staff magazine GO JYSK won several awards, including Staff Magazine of the Year in Denmark and second place in Europe. In 2011, Jysk launched its own television channel, www.jysk.tv. In 2013, Jysk opened its first store in Yerevan, Armenia, marking its entry into the Caucasus region. [12] Between 2014 and 2015, Jysk expanded to Indonesia, opening stores in Mall Taman Anggrek and Pejaten Village in Jakarta. [13] Jysk continued to grow in Indonesia, with additional stores opening in Margo City Depok, Kuningan City, Pluit Village in Jakarta, and Aeon Mall BSD City in Tangerang. In 2016, Jysk expanded into Singapore, opening its first store at Tiong Bahru Plaza. [14] That same year, Jysk opened two stores in Belarus, its first store in Tajikistan, [12] and its first store in Tbilisi. [15] In 2017, Jysk expanded further, opening a third store in Minsk, [16] its first store in Brest, [17] and its first store in Kuwait. [18] In 2018, Jysk opened its first store in Dubai. [19] In 2019, the company launched in Thailand [20] and opened its first store in Baku, Azerbaijan. [21] Jysk also opened its fourth logistics hub in Bulgaria—DCB (Distribution Center Bozhurishte). [22] In the same year, Jysk made its entry into the Republic of Ireland, with its first store in Naas. Initially planning 15 stores across the country, this figure was later increased to 40. As of February 2022, stores are operational in Naas, Drogheda, Navan, Portlaoise, Thurles, Youghal, Little Island, Limerick, Sligo, and Santry. [23]

Lars Larsen passed away on 19 August 2019.

In September 2019, Jysk Nordic and Dänisches Bettenlager combined to one business unit, with all stores having the Jysk name. [24]

Stores

Jysk stores operate in a medium format with an average area of 1,300 m2 (14,000 sq ft). [25]

Historically, Jysk-stores used to operate through the three entities: Jysk Nordic, Dänisches Bettenlager, and Jysk-Franchise. [26]

Jysk Nordic operated over 1,500 stores in 21 countries (including Scandinavia and Central and Eastern Europe). Dänisches Bettenlager operated over 1300 stores in Germany, Austria, Switzerland, Italy, France, Spain, and Portugal. The "Dänisches Bettenlager"-name was used for stores until 2020 in Austria and until 2021 in Germany, which is the largest market for Jysk, while the stores in Switzerland, Italy, France, Spain, and Portugal used the name Jysk. Today, Jysk Nordic and Dänisches Bettenlager have merged into a single entity, Jysk.

Jysk also includes franchises agreements around the world with over 200 stores in 23 countries (including Canada, Caucasus, Baltics, United Arab Emirates, Kuwait, Tajikistan, Thailand and Vietnam).

Geographic distribution

Number of the store by country as of 1 November 2023. [1]

CountrySinceStoresEntity
Germany1984943Jysk
Poland2000313Jysk
Romania2006144Jysk
Sweden1991159Jysk
Denmark1979116Jysk
Netherlands2006105Jysk
Norway1988108Jysk
Czech Republic2003104Jysk
Finland199594Jysk
Austria200092Jysk
Hungary200599Jysk
Spain2009146Jysk
Ukraine2004100Jysk
Switzerland200671Jysk
Italy200992Jysk
Canada199668Jysk Franchise
France200773Jysk
Slovakia200650Jysk
Croatia200963Jysk
Greece201564Jysk
Bulgaria200556Jysk
Serbia201147Jysk
Belgium201763Jysk
Bosnia and Herzegovina201031Jysk
United Kingdom200828Jysk
Slovenia200826Jysk
Portugal201029Jysk
Indonesia201414Jysk Franchise
Lithuania200115Jysk Franchise
Vietnam201514Jysk Franchise
Estonia200214Jysk Franchise
Latvia200114Jysk Franchise
Ireland201925Jysk
Kosovo200410Jysk Franchise
Belarus201610Jysk Franchise
Thailand201810Jysk Franchise
Moldova201616Jysk Franchise
Azerbaijan201913Jysk Franchise
Iceland19877Jysk Franchise
Greenland19846Jysk Franchise
Albania20156Jysk Franchise
Georgia20168Jysk Franchise
United Arab Emirates20185Jysk Franchise
Turkey20235Jysk
North Macedonia20084Jysk Franchise
Montenegro20152Jysk Franchise
Kuwait20174Jysk Franchise
Malta20162Jysk Franchise
Tajikistan20165Jysk Franchise
Armenia20132Jysk Franchise
Faroe Islands19861Jysk Franchise
Sri Lanka20251

References

  1. 1 2 3 4 5 6 "Annual Report 2023/2024". ipapercms.dk. Retrieved 13 Dec 2024.
  2. "The founder | JYSK". www.jysk.com. Archived from the original on 2015-06-03. Retrieved 2017-08-04.
  3. "About us". larslarsengroup.com. Archived from the original on 7 October 2022. Retrieved 3 May 2022.
  4. "THE JYSK AND DBL LOGO". JYSK Blue Line. 15 June 2020. Archived from the original on 20 January 2021. Retrieved 27 January 2021.
  5. "The 'Danish IKEA' has announced the location of its first Dublin store". lovindublin.com. Retrieved 8 July 2020.
  6. "The History of JYSK". Archived from the original on 24 April 2014. Retrieved 2 May 2015.
  7. "JYSK kasvatti myyntiä Suomessa" (in Finnish). 1 December 2016. Archived from the original on 7 May 2021. Retrieved 7 May 2021.
  8. "JYSK Announces 6 Canadian Stores for 2017". Retail Insider. 28 April 2017.
  9. "Informacje o JYSK". jysk.pl (in Polish). Retrieved 2019-11-24.
  10. "CASE STUDY JYSK". ssi-schaefer.com. Archived from the original on 16 February 2022. Retrieved 27 November 2020.
  11. "WHAT IS JYSK?". jysk.ie. Retrieved 27 November 2020.
  12. 1 2 "The History of JYSK GROUP". JYSK. Archived from the original on 5 September 2018. Retrieved 5 September 2018.
  13. "Peresmian JYSK Store Indonesia, Foto 5 - Tribun Images". Tribunnews.com. Retrieved 2 May 2015.
  14. "List of Tiong Bahru Plaza's stores". AsiaMalls Management Pte Ltd. Archived from the original on 26 July 2016. Retrieved 21 July 2016.
  15. "თბილისში სკანდინავიური ბრენდის JYSK GROUP პირველი მაღაზია გაიხსნა" [First store of Scandinavian brand Jysk opened in Tbilisi]. Business media Georgia (in Georgian). Tbilisi: Business Media Georgia. 2016-10-02. Retrieved 2021-07-28.
  16. JYSK opens in Belarus mynewdesk.com, retrieved November 27, 2020
  17. Jysk opening shop in Brest ctv.by, November 17, 2017, retrieved November 27, 2020
  18. JYSK Franchise opens in Kuwait mynewdesk.com, November 2, 2017, retrieved November 27, 2020
  19. In pictures: coolest new furniture store opens in Dubai expatmedia.net, January 7, 2019, retrieved November 27, 2020
  20. เปิดตัว “JYSK” แบรนด์เฟอร์นิเจอร์ระดับโลกจากสแกนดิเนเวียน พร้อมปักหมุดแฟล็กชิปสโตร์แห่งแรกในไทย prachachat.net, April 9, 2019, retrieved August 8, 2021
  21. JYSK opens the first store in Azerbaijan mynewsdesk.com, May 22, 2019, retrieved November 27, 2020
  22. Jysk Officially Opened the Distribution Center in Bulgaria gojysk, September 20, 2019, retrieved November 27, 2020
  23. "Jysk says it takes four times longer to open Irish store than rest of Europe". The Irish Times .
  24. "JYSK Nordic and Dänisches Bettenlager join forces | JYSK". jysk.com. Retrieved 2025-02-09.
  25. "Danish home retailer Jysk plans 20 stores in Ireland". irishtimes.com. Retrieved 6 March 2019.
  26. "About JYSK". jysk.com. Archived from the original on 9 July 2022. Retrieved 5 May 2022.