This article needs to be updated.(May 2013) |
Company type | Private GmbH |
---|---|
Founded | 1949 |
Founder | Max Herz Carl Tchilinghiryan |
Headquarters | , Germany |
Number of locations | 700 shops (Germany) 300 (rest of world) |
Area served | Austria Czech Republic Hungary Malta Netherlands Poland Slovakia Switzerland Liechtenstein Turkiye UAE |
Key people | Werner Weber [1] (CEO) Ingeburg Herz, Michael Herz, Wolfgang Herz (co-owners) |
Revenue |
|
Number of employees | 12,500 |
Parent | Maxingvest AG |
Website | www |
Tchibo is a German chain of coffee retailers and cafés known for its range of non-coffee products that change weekly. [3] The latter includes: clothing, furniture, household items, electronics and electrical appliances. In Germany, Tchibo's slogan is "Every week a new world" (German : Jede Woche eine neue Welt). [4] Tchibo has further expanded its product range to sell services such as travel, insurance, and mobile-phone contracts.
With over 1,000 shops, Tchibo is one of Germany's largest retail chains. The company is headquartered in Hamburg. Tchibo's coffee is sold in supermarkets and other smaller stores in the United States, Canada, Czech Republic, Saudi Arabia, Slovakia, Slovenia, Bulgaria, Romania, Turkey, Hungary, Ukraine, Syria, Jordan, Russia, [5] United Arab Emirates, Poland, Ireland, United Kingdom, Switzerland, Liechtenstein, and Lebanon. It is also sold online.
Tchibo was founded in 1949 in Hamburg by Max Herz and Carl Tchilinghiryan, and still maintains its headquarters in the north of the city. The name Tchibo is an abbreviation for Tchiling and Bohnen (coffee beans). During its formative years, Tchibo concentrated on a mail-order service of freshly roasted coffee beans, processed in the company's own roasting facility in the Hamburg district of Hoheluft.
In 1977, Tchibo purchased shares of Beiersdorf and in 1980 became the majority shareholder of the Hamburg cigarette producer Reemtsma. The Reemtsma stake was sold in 2002 to Imperial Tobacco for €5.2 billion. [6] In 1986, they tried their luck in the video game console market and released the Tele-Fever home video game console. It sold only very few units. After buying its rival Eduscho in 1997, Tchibo became the market leader in Germany with 20%. [7] In the 1990s, Tchibo began to expand to countries outside Germany and now has shops in Switzerland, Liechtenstein, [8] Austria, the Netherlands, Poland, Hungary, Slovakia, the Czech Republic and Turkey. Entry into the US market was planned in the early 2000s, but later cancelled. As of mid-2020 Tchibo operates a mail order business in the United States selling ground and whole-bean coffee as well as proprietary coffee makers.
Tchibo sold the cigarette brand Davidoff to the UK-based company Imperial Tobacco for €540 million. in 2006; the rights for the brand Davidoff café remained with Tchibo. [6] Tchibo has started distribution of its brand Davidoff café to the US.
The company presented a reorganisation programme to its employees at a staff meeting on 7 December 2007, with the aim of returning the business to growth by 2010.[ citation needed ]
In the UK, following a consultation period, Tchibo GB decided to close half of its retail stores and re-structure the head office and field teams. The UK board was reduced from 11 directors to 4.[ citation needed ]
In November 2008, a Tchibo spokesman announced that the concessions in Somerfield and Sainsbury's supermarkets would close in 2009, blaming difficult macroeconomic conditions in Britain. Tchibo's lack of success in the British market was summarised by Retail Week as due to it being "a glorified pound shop".[ citation needed ]
In early 2009, the company confirmed it would leave the UK market, by selling its leases. [9] [10]
All of the Tchibo GB stores were closed by the end of October 2009. The UK online webstore followed on 1 September 2010. [11]
A "new and improved" Tchibo Online Shop was launched in the UK on 28 June 2016 [12]
In August 2016, Tchibo acquired Scotland based roasting company Matthew Algie. [13]
Tchibo is owned by Maxingvest AG, which changed its name from Tchibo Holding AG in 2007. [14] It is 100% owned by three members of the Herz family, Ingeburg Herz (Max Herz's widow), and two of her sons, Michael Herz and Wolfgang Herz. In 2003, they bought out their brother, Gunter, and sister, Daniela Herz-Schnoekel. Their brother Joachim died in a motorboat accident in 2008. [15]
Maxingvest AG is the largest shareholder of the listed company Beiersdorf. [16] [17]
In 2002, Tchibo had 850 shops and 22,000 so-called Frische-Depots in bread shops and supermarkets, where shelves bearing the company's "brand" sell packaged coffee (with customer-operated coffee grinders provided in some locations) alongside non-food articles such as clothes and accessories, as well as sporting and household goods. [7]
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.
Tully's Coffee is an American specialty coffee manufacturing brand owned by Keurig Dr Pepper, which acquired Tully's brand and wholesale business in 2009.
Migros is Switzerland's largest retail company, its largest supermarket chain and largest employer. It is also one of the forty largest retailers in the world. It is structured in the form of a cooperative federation, with more than two million members.
Somerfield was a chain of small to medium-sized supermarkets operating in the United Kingdom. The business started life in the 19th century as grocers J. H. Mills, and after a series of buyouts and mergers, the company became known as Gateway. A major rebranding to the created Somerfield brand started in 1990, and in 1998 the company purchased the Kwik Save chain of discount food stores. The company was taken over by the Co-operative Group on 2 March 2009 in a £1.57 billion deal, creating the UK's fifth-largest food retailer. The Somerfield name was replaced by the Co-operative brand in a rolling programme of store conversions ending in summer 2011.
Michael Herz is a German businessman, co-owner of the German coffee shop and retail chain Tchibo.
Beiersdorf AG is a German multinational company that manufactures personal-care products and pressure-sensitive adhesives headquartered in Hamburg, Germany. Its brands include Elastoplast, Eucerin, Labello, La Prairie, Nivea, Tesa SE and Coppertone.
Kwik Save is a British convenience store chain. Prior to 2007, it was also a discount supermarket chain that had shops across the United Kingdom. It went into administration in July 2007, but was brought back in April 2012. Its shops were small to medium-sized high street supermarkets, mainly located in areas with below average incomes.
Coffee Crisp is a chocolate bar made in Canada. It consists of alternating layers of vanilla wafer and a foamed coffee-flavoured soft candy, covered with a milk chocolate outer layer. Originally launched by British company Rowntree's, it is currently owned and commercialized by Nestlé.
Matthew Algie is an independent coffee roaster with registered offices at 16 Lawmoor Road, Glasgow, United Kingdom. The company sells its coffee to coffee shops, bars, restaurants, hotels and businesses across the UK & Ireland and also offers coffee machines for hire - supported by a network of field engineers as well as a range of coffee-related equipment and complementary products through its sister-company Espresso Warehouse. Additionally, Matthew Algie also provide SCA accredited barista training courses, taught via their training campuses based in London, Glasgow & Dublin.
Habitat is a brand of household furnishings in the United Kingdom and the main homewares brand within the Sainsbury's group.
Reemtsma Cigarettenfabriken GmbH is one of the biggest tobacco and cigarette manufacturing companies in Europe and a subsidiary of Imperial Brands. The company's headquarters is in Hamburg, Germany.
Eight O'Clock Coffee is an American brand of coffee products currently manufactured by the Eight O'Clock Coffee Company, of North Bergen, New Jersey, a subsidiary of Tata Consumer Products; its coffee production plant is in Landover, Maryland. It has owned Eight O'Clock Coffee since 2006.
Mayfair Vermögensverwaltung SE is the family office of the families of Günter Herz and Daniela Herz. It invests in long term holdings of companies, short term assets like stocks and bonds, and real estate.
Carl Tchilinghiryan was a German businessman of Armenian origin, who co-founded the coffee house Tchibo.
Wolfgang Herz is a German billionaire businessman, co-owner of the German coffee shop and retail chain Tchibo.
Günter Herz is a German businessman, former CEO of the German coffee shop and retail chain Tchibo.
Daniela Herz-Schnoekel is a German businesswoman, former part-owner of the German coffee shop and retail chain Tchibo.
Zino Davidoff Group is the trading name of Zino Davidoff SA, a Swiss family business that was spun out of tobacco-product company Davidoff in 1980. It is active exclusively in the non-tobacco luxury goods segment and offers a range of upscale products.
Juno was a German brand of cigarettes, owned and manufactured by Reemtsma, a subsidiary of Imperial Tobacco. The brand was discontinued in 2016.
Ingeburg Herz, née König was a German entrepreneur and philanthropist. The wife of Tchibo founder Max Herz was one of the richest Germans with an estimated fortune of over five billion euros in 2005.