Dansk Supermarked A/S
|Type||Private shareholder company|
|Key people||Per Bank, president and CEO|
|Revenue||7.560 billion EUR (2007) |
|Net income||270 million EUR (2007) |
|Owner(s)||A.P. Moller-Maersk Group. / F. Salling A/S|
|Subsidiaries||Netto, Føtex, Bilka, A-Z, Tøj&Sko, Salling|
Dansk Supermarked A/S (The Danish Supermarket Ltd) is a corporation owning several chains of stores. The store chains under Dansk Supermarked only operate in Denmark, except Netto which has expanded to Sweden, Germany and Poland. The corporation was founded by Herman Salling as Jysk Supermarked, but the name was changed to the Dansk Supermarked A/S when Herman Salling partnered with the A.P. Moller-Maersk Group in 1964.
The Danish Supermarket was built on the foundation of the Salling Department Store Department Store, created in 1906 by Ferdinand Salling. He worked there until his death in 1953 and he managed to transform his company into public limited company - F. Salling A / S.
After the death of F. Salling, his son Herman Salling took over the company. He traveled all over the world in search for inspiration and new ideas. After that he decided to focus on department stores, supermarkets and hypermarkets chains.
Despite, the fact that Føtex is the oldest store in the Dansk Supermarket Group, it has never stopped growing. In 2007, the company decided to open a Føtex Food store, which will offer only quality food and in 2009 the first store was opened in the intersection of Aarhus, Aalborg and Hasseris. Today, there are 90 Føtex Food stores all over Denmark.
A.P. Møller Enters Dansk Supermarked
Herman Salling wanted to expand his venture across Europe, so he started looking for partners to provide him extra funding.
Salling found the right partner in 1964 and he made a deal with A.P. Møller, which acquired him 50% of the company. Møller also suggested that Herman Salling's company - Jysk Supermarket, should change its name to Danish Supermarket A / S.
The Birth of Bilka
In 1970, the Danish Supermarket Group gave the Danes the first discount store in Denmark - Bilka. The first store was located in Tilst, near Aarhus. After the opening of the store, there were more than 50.000 people visiting it every day.
At this point, the customers were becoming more and more price conscious. Some of them, even had extra freezers at their homes, so that they can buy more goods at the discount store.
The idea for the creation of Bilka, came from Herman Salling's visit in West Germany. After that he managed to convince his partner, the shipping magnate Maersk MC - Kiney Moller, that hypermarkets are the way forward.
The store chains owned by Dansk Supermarked are:
- Netto - discount supermarkets
- Føtex - large supermarkets (with many non food items)
- Bilka - hypermarkets
- A-Z - non-food only hypermarkets
- Salling - department stores
As of 2007 the total number of stores was 1,171.
Dansk Supermarked Stores
Stores and supermarkets in Denmark.
|2||Salling department stores|
|88||Føtex food stores |
|435||Netto stores, of which 45 are døgnNetto |
- Dansk Supermarket History(in Danish)
- Bilka Official Website
- Dansk Supermarked - Numbers and facts
- Facts on Føtex
- About Netto
- Dansk Supermarked official website
- The history of Dansk Supermarked - From the Dansk Supermarked website