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Netto (store) For other meanings of "netto", see Netto (disambiguation). For other unrelated supermarket chains with the same names, see Netto (Les Mousquetaires) and Netto Marken-Discount. Netto ( Danish pronunciation: [ˈnetsʰo]) is a Danish discount supermarket operating in Denmark, Germany and Poland. Netto is owned by Salling Group .
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 ...
- 1928; 95 years ago
- €14.6 billion (2020)
- 84,000 (2020)
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- History
- Former Operations
- See Also
Foundation
Netto began operating in England in Leeds, on 13 December 1990, with the company's United Kingdom headquarters being in the former mining village of South Elmsall, West Yorkshire.
Expansion
Netto primarily expanded in central England, before moving into Southern England, namely London. In January 2005, plans for a £200 million investment in South Wales were announced, but were cancelled for logistical issues, resulting in the sale of stores in Barry and Caerphilly. 1,700 jobs were promised in the expansion, but only a few were created. By May 2010, there were 193 stores in the United Kingdom, all in England and Wales.
Sale to Asda
In May 2010, Netto UK was bought by Asda for £778 million, to increase its smaller store portfolio. The rebranding of 147 former Netto stores, under the Asda brand was complete by 29 November 2011. Competition laws required Asda to sell the remaining forty seven stores to other companies, such as Morrisons, the convenience store Ugo, and other retailers.
Stores
By 2011, 193 Netto stores were sold to Asda, who under Competition Commission requirements then disposed of twenty seven stores to Morrisons, and twenty stores to Haldanes (including Ugo). This venture failed, with Haldanes going into administration in February 2012, with the twenty stores being sold to Poundstretcher. The fate of the stores were as follows: 1. 165 stores rebranded to Asda. 2. 20 stores sold to Haldanes (Ugo). 3. 27 stores sold to Morrisons. 4. Two stores demolished. The Nett...
Store format
Netto stores carried a discount supermarket style store format. Many prices were very similar to wholesale prices, in a style and concept closest to the Kwik Save brand. To enforce fairness to all shoppers, many offers were limited to six per person. Netto sold brand name products, such as Pepsi and Walkers Crisps, which were often parallel imports.
- 1990 (original), 2014 (revival)
- Retail
- United Kingdom
- Salling Group
Netto Marken-Discount bietet dir ein Top Sortiment zu günstigen Preisen – und das zu jeder Zeit! Im Netto Online-Shop kannst du rund um die Uhr ganz einfach und bequem von zu Hause aus bestellen und dir deine Lieblingsprodukte direkt bis an die Haustür liefern lassen!
Netto. Netto is a chain of discount supermarkets that is based in Denmark, but has operations all around Europe, including the United Kingdom. This chain of discount stores is mostly owned by Dansk Supermarket Group and partly owned by the AP Møller-Mǽrsk. History. The first Netto stores were opened in Denmark in 1981.
Witamy w Netto - sieci sklepów, która oferuje produkty spożywcze, chemiczne i przemysłowe po bardzo korzystnych cenach. Netto - więcej za mniej. Zapraszamy!
Mar 27, 2024 · About this app. In the Netto+ app you get, among other things, Personal +Prices, freshness guarantee, Scan&Go and many other benefits. We have made Netto+ for you, so that you can save both...
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