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Edeka
The Edeka Group is the largest German supermarket corporation , holding a market share of 20.3%. Founded in 1907, it consists today of several co-operatives of independent supermarkets all operating under the umbrella organisation ''Edeka Zentrale AG & Co KG'', with headquarters in Hamburg. There are approximately 4,100 stores with the Edeka nameplate that range from small corner stores to hypermarkets. On 16 November 2007, Edeka reached an agreement with Tengelmann to purchase a 70% majority stake in Tengelmann's ''Plus'' discounter store division, which was then merged into Edeka's ''Netto'' brand, with some 4,200 stores by 2018. Under all brands the company operated a total of 13,646 stores at the end of 2017. History The cooperative was founded in 1907 as the E.d.K. (''Einkaufsgenossenschaft der Kolonialwarenhändler im Halleschen Torbezirk zu Berlin'', "Purchasing Cooperative of Colonial Goods Retailers in the Hallesches Tor district of Berlin"). In 1911, it was rename ...
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Edekabank
The Edekabank AG is a universal bank and a business of the Edeka Group located at the Edeka House, New-York-Ring 6 in the City Nord in Hamburg. The bank is the central financing institute of the Edeka grocery retailers and is active in consumer banking as direct bank with online and phone consulting. Business The Edekabank was founded on 9 November 1914 in Berlin to secure access to the equity market for all cooperative members of the Edeka-combine even in the crisis of World War I. Still today the funding of Edeka-retailers and setting up businesses in the Edeka-combine is the bank's core business. The Edekabank is a member of the German Cooperative Financial Group. As of December 31, 2020, with total assets of around 3.7 billion Euro, the Edekabank belongs to the biggest 100 credit institutions in the cooperative banking union. The Edekabank-Group consists of the parent company Edekabank AG and the subsidiary ''Edeka Versicherungsdienst Vermittlungs-GmbH'' as well as the Edek ...
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Heimkommen
''Heimkommen'' (Homecoming) and the related hashtag #heimkommen is a German commercial video for the supermarket corporation Edeka that went viral in November and December 2015. In the commercial, Arthur Nightingale plays a German grandfather faking his own death to reunite his family on Christmas. Video The 1:46-minute commercial shows a well-to-do grandfather receiving messages over the years from his successful children around the world, who call off family get-togethers at Christmas time. Each year he eats his Christmas dinner by himself. Eventually he fakes his own death, and his grieving children and grandchildren travel to his home, only to find him still alive. He tells them, "I had no other way to bring you together". After the family unites in a joyful Christmas dinner, the final shot shows the Edeka logo. Arthur Tulloch Nightingale plays the role of the grandfather and Stella Stocker plays his daughter. The advertising agency is Jung von Matt. Alex Feil directed the ...
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Netto Marken-Discount
Netto Marken-Discount (also known as just Netto, formerly Plus) is a German discount supermarket chain owned by the German supermarket cooperative Edeka Group, and operates mostly in the south and west of Germany. The company reached its 1000th store in 2004, then aggressively expanded to the 4000th store in 2009, making it the largest discounter in Germany. History The company was founded by Michael Schels in Regensburg in 1928 as a food wholesaler. In 1971, the first own retail branch was opened under the name SuDi (SuperDiscount) in Beilngries, and further branches followed until 1983. The Netto discount concept was developed in 1983 and with the first supermarket in Regensburg. The 50 SuDi branches that already existed at that time were successively converted to the new concept by 1990. In 2009 the Edeka Group completed acquisition of the Plus supermarket chain, converting the Plus supermarket locations into Netto supermarkets. The Netto Marken-Discount retail concept i ...
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Plus (supermarket)
Plus was a German multinational discount supermarket chain founded in 1972. It operated 2,840 stores in Germany with an approximate 27,000 employees and about 1,200 stores in several other European countries. The retail model was to sell low-cost groceries with no expense incurred for display or marketing of products. Groceries were stored in the shipping cartons they came in, rather than being stacked on shelves. In German advertising, the name "Plus" was used as a backronym for "Prima leben und sparen" (approximately "top-notch living and saving"), featuring animated "little prices" (also sold as plush puppets) as their mascot. Sale The Edeka, Edeka Group and the Tengelmann Group entered a joint venture to acquire the Plus supermarket chain on November 16, 2007, which resulted in 70% of Plus supermarkets being owned by the Edeka Group and 30% owned by the Tengelmann Group. As of January 2009, the stores in the Plus supermarket chain owned by the Edeka group were remodelled int ...
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Tengelmann Group
Tengelmann Warenhandelsgesellschaft KG, doing business as the Tengelmann Group, is a holding company based in Mülheim an der Ruhr, Germany. Structure The corporation has the following subsidiaries: * KiK Textilien und Non-Food GmbH, with over 3,000 branches in Germany, 235 in Austria, 2 in Czech Rep. and 1 in Slovenia * Obi Bau- und Heimwerkermärkte GmbH & Co. Franchise Center KG, a DIY store chain with 340 locations in Germany and 175 in Europe. Sold supermarket chains *Kaiser’s Tengelmann, 531 retail outlets sold to Edeka in January 2017, which in turn transferred 25% of the outlets to REWE as dictated by the German Federal Cartel Office; all stores were rebranded according to the brands of their new owners *Plus Discount spol. s r. o. (Czech Republic) with 134 branches sold to REWE-Beteiligungs-Holding International GmbH *Plus Hellas E.P.E. & Sia E.E. (Greece) with 32 branches sold to Alfa-Beta Vassilopoulos *Plus Élelmiszer Diszkont Kft. (Hungary) with 174 Plus (in 2008) ...
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Discounts And Allowances
Discounts and allowances are reductions to a basic price of goods or services. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer, usually in written form). There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the discount issuer. Some discounts and allowances are forms of sales promotion. Many are price discrimination methods that allow the seller to capture some of the consumer surplus. Types The most common types of discounts and allowances are listed below. Dealing with payment Prompt payment discount ''Trade discounts ...
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Supermarkets
A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections. This kind of store is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market. In everyday U.S. usage, however, "grocery store" is synonymous with supermarket, and is not used to refer to other types of stores that sell groceries. The supermarket typically has places for fresh meat, fresh produce, dairy, deli items, baked goods, etc. Shelf space is also reserved for canned and packaged goods and for various non-food items such as kitchenware, household cleaners, pharmacy products and pet supplies. Some supermarkets also sell other household products that are consumed regularly, such as alcohol (where permitted), medicine, and clothing, and some sell a much wider range of non-food products: DVDs, sporting equipment, board games, and seasonal item ...
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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 ...
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Hypermarkets
A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise. In theory, hypermarkets allow customers to satisfy all their routine shopping needs in one trip. The term ''hypermarket'' (french: hypermarché) was coined in 1968 by French trade expert Jacques Pictet. Hypermarkets, like other big-box stores, typically have business models focusing on high-volume, low-margin sales. Typically covering an area of , they generally have more than 200,000 different brands of merchandise available at any one time. Because of their large footprints, many hypermarkets choose suburban or out-of-town locations that are easily accessible by automobile. History Canada Loblaws established its Real Canadian Superstore chain in 1979. It sells mainly groceries, while also ...
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ABC7 Los Angeles
KABC-TV (channel 7) is a television station in Los Angeles, California, United States, serving as the West Coast flagship of the ABC network. Owned and operated by the network's ABC Owned Television Stations division, the station maintains studios in the Grand Central Business Centre of Glendale, and its transmitter is located on Mount Wilson. History Channel 7 first signed on the air under the call sign KECA-TV on September 16, 1949. It was the last television station licensed to Los Angeles operating on the VHF band to debut and the last of ABC's five original owned-and-operated stations to make its debut, after San Francisco's KGO-TV, which signed on four months earlier. It was also the last of the Los Angeles "classic seven" TV stations which were originally on the VHF dial, prior to the 2009 digital conversions. (No other stations debuted in Los Angeles until 1962, when the first two UHF Los Angeles stations launched (KIIX KWHY-TV.html"_;"title="ow_KWHY-TV">ow_KWHY-TVan ...
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Denmark
) , song = ( en, "King Christian stood by the lofty mast") , song_type = National and royal anthem , image_map = EU-Denmark.svg , map_caption = , subdivision_type = Sovereign state , subdivision_name = Danish Realm, Kingdom of Denmark , established_title = History of Denmark#Middle ages, Consolidation , established_date = 8th century , established_title2 = Christianization , established_date2 = 965 , established_title3 = , established_date3 = 5 June 1849 , established_title4 = Faroese home rule , established_date4 = 24 March 1948 , established_title5 = European Economic Community, EEC 1973 enlargement of the European Communities, accession , established_date5 = 1 January 1973 , established_title6 = Greenlandic home rule , established_date6 = 1 May 1979 , official_languages = Danish language, Danish , languages_type = Regional languages , languages_sub = yes , languages = German language, GermanGerman is recognised as a protected minority language in t ...
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Mother's Day
Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. It is celebrated on different days in many parts of the world, most commonly in the months of March or May. It complements similar celebrations, largely pushed by commercial interests, honoring family members, such as Father's Day, Siblings Day, and Grandparents' Day. While some countries have a multi-century history of a day to celebrate mothers, the modern American version of the holiday began in the United States in the early 20th century at the initiative of Anna Jarvis, who organized the first Mother's Day service of worship and celebration at Andrews Methodist Church, Andrews Methodist Episcopal Church in Grafton, West Virginia, which serves as the International Mother's Day Shrine today. It is not directly related to the many traditional celebrations of mothers and motherhood that have existed throughout the world ...
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