Netto (store)
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Netto was a discount supermarket chain in the United Kingdom. Netto arrived in the United Kingdom in December 1990, as part of an internationalisation process by its Danish owner, Salling Group . By May 2010, it operated 193 stores, before it was sold to Asda .
Netto began operating in the UK in Leeds on 13 December 1990, with the company's UK headquarters located in the former mining village of South Elmsall, West Yorkshire. Netto primarily expanded in central England, before moving into London .
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Jun 20, 2014 · Most Netto stores in the UK were sold to Asda. Netto, which announced a new partnership with Sainsbury’s today, exited the UK in May 2010 when it was bought by Asda in a deal worth £778m. The discounter had 193 stores at the time of the surprise purchase, averaging around 8,000 sq ft each. The deal was investigated by the Office of Fair ...
Jul 4, 2016 · Netto’s 16 UK stores, all in the north of England, will close in August, just over two years after Sainsbury’s launched its £25m partnership with Dansk Supermarked Group. The British ...
Netto is a Danish-owned supermarket chain that operates in five countries, including the UK. However, Netto has ceased all operations in the UK since 2016 and is no longer a competitor in the market.
Netto has claimed it will “set new standards for discount retailing in the UK” as it opens its first UK store in Leeds today. Netto ’s return – a joint venture with Sainsbury ’s – comes as rival hard discounters Aldi and Lidl continue to grow at breakneck speed at the expense of the big four grocers. The Danish discounter exited the ...
Jul 5, 2016 · Sainsbury’s said it will end its joint venture with Netto’s Danish owner Dansk after a two year trial and it aims to close the 16 stores in August. Staff at the Wakefield-based supermarket ...
