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Colruyt
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. 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. The brand competes directly with discount retailers such as Aldi and Lidl. 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 subsidiar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colruyt (supermarket)
Colruyt is a chain of supermarkets, started at Lembeek near Halle, Belgium. Colruyt carries the surname of the founder of the family business, the Colruyt family still owns the company. Colruyt is part of Colruyt Group, a Belgian multinational family business in wholesale distribution that evolved from the Colruyt supermarkets. It is competing with hard discounters such as Aldi and Lidl in Benelux countries where it is a well established market leader. The current manager is Jef Colruyt. The company's retail trade division includes the direct supply of products to retail customers operating through brands Colruyt, OKay, Bio-Planet, DreamLand and ColliShop, among others. The company supplies to wholesalers and affiliated independent merchants in Belgium, France and Luxembourg. It also supplies fuels through DATS 24 filling stations in Belgium and France, provides printing and document management solutions (Druco/Mitto) and engineering activities (Intrion), and produces renewable ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colruyt Supermarket
Colruyt is a chain of supermarkets, started at Lembeek near Halle, Belgium. Colruyt carries the surname of the founder of the family business, the Colruyt family still owns the company. Colruyt is part of Colruyt Group, a Belgian multinational family business in wholesale distribution that evolved from the Colruyt supermarkets. It is competing with hard discounters such as Aldi and Lidl in Benelux countries where it is a well established market leader. The current manager is Jef Colruyt. The company's retail trade division includes the direct supply of products to retail customers operating through brands Colruyt, OKay, Bio-Planet, DreamLand and ColliShop, among others. The company supplies to wholesalers and affiliated independent merchants in Belgium, France and Luxembourg. It also supplies fuels through DATS 24 filling stations in Belgium and France, provides printing and document management solutions (Druco/Mitto) and engineering activities (Intrion), and produces renewable ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jef Colruyt
Jozef Maria Damiaan "Jef", Baron Colruyt (born 18 October 1958, Halle) is a Belgian businessman. In 1994 he succeeded his father Jo Colruyt as head of Colruyt, a company with more than 26,000 employees. With an estimated fortune of 2.521 billion euro, he is one of the wealthiest people of Belgium. Career After his studies, Jef Colruyt became a representative at Dexion in 1985, a German company for logistic systems. In 1986 and 1987 he was a representative at Marchal Systems, a company for chemical pumps. In 1987, Jef Colruyt started working in the family business. When his father Jo Colruyt deceased unexpectedly in 1994, Jef Colruyt took over the operational management of the company at 36 years old. Under his leadership, the French market was entered into and new store formulas were developed, such as the local shop OKay, baby specialist DreamBaby, toys and gaming specialist DreamLand and the organic supermarket Bio-Planet. In 2003, Spar was also added to this. Under the leade ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colruyt Family
The Colruyt family is a Belgian noble family, belonging to the wealthiest noble houses of Belgium. In three generation they managed to climb to the top of the Belgian economy. History The history starts in 1925 when Franz, a baker in Lembeek, opened his own business. He was the second son in a catholic family of 11 children. Two of them became diocesan priests, and Camille became a famous artist specialised in Religious artifacts. The family business still reflects his vision. The management of the family created financial success, in the last quarter of the 20th century the small family business developed into a big company. In 1972 by request of the family, the demolition of Lembeek Castle was accepted by the local politicians. The space was used for the expansion of the company. Today the Colruyt family is among the most powerful families of Belgium. His grandson Jozef was ennobled by King Albert II of Belgium, Albert II in 2012. Genealogy Jean Joseph Andre Colruyt (1868 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BEL 20
The BEL 20 is the benchmark stock market index of Euronext Brussels. It tracks the performance of 20 most capitalized and liquid stocks traded in Belgium. In general, the index consists of a minimum of 10 and a maximum of 20 companies traded at the Brussels Stock Exchange. Since 20 June 2011, the BEL20 has contained 20 listings, with the exception a one month period in May-June 2018 when Ablynx stock was removed following the takeover by Sanofi, only to be replaced mid June by arGEN-X. Rules The composition of the BEL 20 index is reviewed annually based on closing prices on the last Friday in February. These changes are effective after the third Friday of March. In addition to meeting a set of criteria demanding a company be "representative of the Belgian equity market", at least 15% of its shares must be considered free float in order to qualify for the index. In addition, a candidate for inclusion must possess a free float market capitalisation (in Euros) of at least 3000 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grocery Store
A grocery store ( AE), grocery shop ( BE) or simply grocery is a store that primarily retails a general range of food products, which may be fresh or packaged. In everyday U.S. usage, however, "grocery store" is a synonym for supermarket, and is not used to refer to other types of stores that sell groceries. In the UK, shops that sell food are distinguished as grocers or grocery shops (though in everyday use, people usually use either the term "supermarket" or a "corner shop" or "convenience shop"). Larger types of stores that sell groceries, such as supermarkets and hypermarkets, usually stock significant amounts of non-food products, such as clothing and household items. Small grocery stores that sell mainly fruit and vegetables are known as greengrocers (Britain) or produce markets (U.S.), and small grocery stores that predominantly sell prepared food, such as candy and snacks, are known as convenience shops or delicatessens. Definition The definition of "grocery st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aldi
Aldi (stylised as ALDI) is the common company brand name of two German multinational family-owned discount supermarket chains operating over 10,000 stores in 20 countries. The chain was founded by brothers Karl and Theo Albrecht in 1946, when they took over their mother's store in Essen. The business was split into two separate groups in 1960, that later became Aldi Nord, headquartered in Essen, and Aldi Süd, headquartered in Mülheim. In 1962, they introduced the name Aldi (a syllabic abbreviation for Albrecht Diskont), which is pronounced . In Germany, Aldi Nord and Aldi Süd have been financially and legally separate since 1966, although both divisions' names may appear as if they were a single enterprise with certain store brands or when negotiating with contractor companies. The formal business name of Aldi Nord is Aldi Einkauf GmbH & Co., while the formal business name of Aldi Süd is ALDI SÜD Dienstleistungs-SE & Co. Each company is owned and operated independently, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lidl
Lidl Stiftung & Co. KG (; ) is a German international discount retailer chain that operates over 11,000 stores across Europe and the United States. Headquartered in Neckarsulm, Baden-Württemberg, the company belongs to the Schwarz Group, which also operates the hypermarket chain Kaufland. Lidl is the chief competitor of the similar German discount chain Aldi in several markets. There are Lidl stores in every member state of the European Union as well as in Serbia, Switzerland, the United Kingdom and the United States. In October 2021, Lidl also announced that it intended to open its first store in Ukraine, but there has been no progress due to the 2022 Russian invasion of Ukraine. History In 1932, Josef Schwarz became a partner in Südfrüchte Großhandlung Lidl & Co., a fruit wholesaler, and he developed the company into a general food wholesaler. In 1977, under his son Dieter Schwarz, the Schwarz-Gruppe began to focus on discount markets, larger supermarkets, and cash a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SPAR
SPAR, originally DESPAR, styled as DE SPAR, is a Dutch multinational that provides branding, supplies and support services for independently owned and operated food retail stores. It was founded in the Netherlands in 1932, by Adriaan van Well, and consists of 13,623 stores in 48 countries. The company's name is an acronym of the slogan ''"Door Eendrachtig Samenwerken Profiteren Allen Regelmatig"'', which was used by van Well to describe the brand and translates as "All Benefit from Joint Co-operation Regularly". Its headquarters are located in Amsterdam. The company operates a partnership programme and has a presence in most European countries, as well as many others throughout Asia, Africa and Oceania. In fiscal year 2021, SPAR earned €41.2 billion in global sales, which represented a 3.3 percent increase over the previous year. Etymology The name was originally DESPAR, an acronym of the Dutch phrase ( en, "through united co-operation everyone regularly profits"). The ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organic Food
Organic food, ecological food or biological food are food and drinks produced by methods complying with the standards of organic farming. Standards vary worldwide, but organic farming features practices that cycle resources, promote ecological balance, and conserve biodiversity. Organizations regulating organic products may restrict the use of certain pesticides and fertilizers in the farming methods used to produce such products. Organic foods typically are not processed using irradiation, industrial solvents, or synthetic food additives. In the 21st century, the European Union, the United States, Canada, Mexico, Japan, and many other countries require producers to obtain special certification to market their food as ''organic''. Although the produce of kitchen gardens may actually be organic, selling food with an organic label is regulated by governmental food safety authorities, such as the National Organic Program of the US Department of Agriculture (USDA) or European Commi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franchising
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. In return, the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a franchise agreement. The word ''franchise'' is of Anglo-French derivation—from , meaning 'free'—and is used both as a noun and as a (transitive) verb. For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth strategy for the sale and distribution of goods and services minimizes the franchisor's capital investment and liability risk. Franchising is rarely an equal partnership, especially in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
