Colruyt Group

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Colruyt Group
TypePublic
Traded asEuronextCOLR
IndustryRetail
Founded1925
Founder(s)Franz Colruyt
HeadquartersHalle, Belgium
Key peopleJef Colruyt (Executive chairman)
ServicesSupermarkets, 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]
Employees24,120 (March 2011)[1]
Websitewww.colruytgroup.com
 
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Colruyt Group
TypePublic
Traded asEuronextCOLR
IndustryRetail
Founded1925
Founder(s)Franz Colruyt
HeadquartersHalle, Belgium
Key peopleJef Colruyt (Executive chairman)
ServicesSupermarkets, 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]
Employees24,120 (March 2011)[1]
Websitewww.colruytgroup.com

Colruyt Group (usually known simply as Colruyt, before Etablissementen Franz Colruyt N.V. or Établissements Franz Colruyt S.A. in French) is a Belgian family owned retail corporation that is managing the Colruyt supermarket retail stores.

Founded in 1925 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 is headquartered in Halle and has operations in Belgium, France, Luxembourg and the Netherlands.

Operations[edit]

The group's main business is its Colruyt discount supermarket stores, with 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[edit]

Milestones[edit]

References[edit]

  1. ^ a b c d e f g "Annual Report 2010/2011" (PDF). Colruyt. Archived from the original on 25 April 2012. Retrieved 15 November 2011. 
  2. ^ Blenkinsop, Philip (28 November 2008). "Colruyt H1 profit up, but margins shrink". Reuters. Retrieved 2008-12-14. 
  3. ^ "No more meat". Gaia. 22 August 2011. Retrieved 2011-08-22. 

External links[edit]