Colruyt

Etablissementen Franz Colruyt N.V.
Établissements Franz Colruyt S.A.
Type Naamloze vennootschap / Société anonyme
Traded as EuronextCOLR
Industry Retail
Founded 1925
Founder(s) Franz Colruyt
Headquarters Halle, Belgium
Key people Jef Colruyt (Executive chairman)
Services Supermarkets, toy and leisure retail, wholesale, cash and carry
Revenue 7.280 billion (2010/2011)[1]
Operating income €472.2 million (2010/2011)[1]
Profit €338.0 million (2010/2011)[1]
Total assets €3.017 billion (March 2011)[1]
Total equity €1.489 billion (March 2011)[1]
Employees 24,120 (March 2011)[1]
Website www.colruytgroup.com

Etablissementen Franz Colruyt N.V. - Établissements Franz Colruyt S.A., usually known simply as Colruyt 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 discount supermarket chain, which has over 200 locations in Belgium.[1] The brand competes directly with discount 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 SPAR brand in Belgium. In France Colruyt also operates the Coccinelle chain of supermarkets.

List of subsidiaries

References

  1. ^ a b c d e f g "Annual Report 2010/2011". Colruyt. http://www.colruytgroup.com/colruytgroup/static/assets/financieel/2010-2011/pdf/jaarrapport_2010-2011-en.pdf. Retrieved 15 November 2011. 
  2. ^ Blenkinsop, Philip (28 November 2008). "Colruyt H1 profit up, but margins shrink". Reuters. http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSLS10925120081128. Retrieved 2008-12-14. 

External links