| Type | Public (Euronext: COLR) |
|---|---|
| Founded | 1925 |
| Founder(s) | Franz Colruyt |
| Headquarters | Halle, Belgium |
| Key people | Jef Colruyt (Executive chairman) |
| Industry | Retail |
| Services | Supermarkets, toy and leisure retail, wholesale, cash and carry |
| Revenue | € 5.674 billion (yr - Mar 2008)[1] |
| Operating income | ▲ €401.6 million (to Mar 08)[1] |
| Profit | ▲ €288.2 million (to Mar 08)[1] |
| Employees | 20,300 (2008)[1] |
| Website | www.colruytgroup.com |
Etablissementen Franz Colruyt N.V. - Établissements Franz Colruyt S.A., usually known simply as Colruyt (Euronext: COLR) is a Belgian family company that is one of the major players in the country's retail network. Founded in 1925 by Franz Colruyt, the group today operates a number of retail brands, most significantly its eponymous discount supermarket chain. The company is headquartered in Halle and has operations in Belgium, France, Luxembourg and the Netherlands.
Contents |
Operations
The group's main business is its Colruyt hard discount supermarket chain, which has over 200 locations in Belgium.[1] The brand competes directly with 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
List of subsidiaries
- Colruyt - supermarkets
- Colruyt France - supermarkets
- Sparretail - Spar grocery stores (franchising)
- Bio Planet - Bio (organic) supermarkets
- Colruyt Group Services (IT - work simplification - BPM - Marketing)
- Dolmen Industrial Projects - Project management company
- Createch Engineering
- Druco - printing company
- Dreamland - toy shops
- DreamBaby
- Dream - gift shops
- Okay - grocery stores
- Pro a Pro Distribution - distribution company
- Collivery - home delivery
- Collishop - home delivery [Non-Food]
- Dats 24 - Gas station
- Colruyt Export
- N.V. Finco (FINances for COlruyt)
References
- ^ a b c d e "Annual Report 2007/2008". Colruyt. http://www.colruytgroup.com/colruytgroup/static/assets/financieel/jaarverslag_07-08/jaarverslag_07_08_e.pdf.zip. Retrieved on 2008-12-14.
- ^ Blenkinsop, Philip (28 November 2008). "Colruyt H1 profit up, but margins shrink". Reuters. http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSLS10925120081128. Retrieved on 2008-12-14.
External links
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