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(Germany) Discount with Bite!
(United Kingdom) Home of Smart Shopping
(Sweden) Sweden's lowest single unit prices
Number of employees
|Parent||Dansk Supermarked Group|
Netto is a Danish discount supermarket operating in several European countries. Netto is owned by Dansk Supermarked Group, which in turn is partly owned by the Maersk conglomerate. Netto also operates an express version of the store, known as Døgn Netto ("Hour Netto"). Døgn stores offer the same service as regular Netto stores, with longer opening hours and higher prices.
In September 2009, Netto celebrated its 28th birthday, with special offers in store during the promotion.
As of November 2014, Netto had stores in the following countries:
|United Kingdom||2014||5 (15 more planned) |
The first Netto store opened in Copenhagen, Denmark, in 1981. At first the items sat in boxes and on pallets, but the chain quickly expanded, and the service level increased as well. Today there are 442 stores.
In September 1990, Netto started an internationalisation process, and Germany was the second country to gain Netto stores. The first store was opened in Mecklenburg-Vorpommern not long after the Fall of the Wall. Netto has since expanded in the states of Brandenburg, Berlin, Hamburg, Lower Saxony, Saxony, Saxony-Anhalt and Schleswig-Holstein, and there are a total of more than 340 stores by December 2014.
The first Netto store in Poland opened in Szczecin in 1995. The expansion of the branch is concentrated in the west part of the country from Szczecin to Gdańsk (for example in Police and Stargard Szczeciński), and through the country to Bydgoszcz, Poznań, and Zielona Góra, and the country has 323 stores today.
The Swedish part of Netto was founded in 2002 as a joint venture between Dansk Supermarked and ICA called Netto Marknad AB. The co-operation was granted by the European Commission in 2001. The headquarters were established in Halmstad in March and the first store was opened in Trelleborg on 8 May. A week later two stores were opened in Lund. In the beginning, Netto kept their stores in the Götaland region.
In August 2004, the first stores in Stockholm were opened. In October 2003, the head office moved to Falkenberg. By 2003, there were 28 stores. In 2004, there were 58 stores. In December 2007, there were 84, and in May 2009, there were 107.
In November 2006, ICA announced it was pulling out of the joint venture, reducing its stake from 50% to 5%, today ICA no longer have any stake in the company. 21 stores in the Stockholm and Västerås regions would transfer to ICA ownership with most being rebranded to ICA's own formats during 2007. The reasons for the change were problems in supplying the stores based on Netto's more southern base as well as ICA's desire to focus investment on its own formats.
Netto began operating in England in Leeds, on December 13, 1990, with the company's United Kingdom headquarters being based in the ex-mining village of South Elmsall, West Yorkshire. Netto primarily expanded in central England, before moving into Southern England, namely London. In January 2005, plans for a £200M investment in South Wales were announced, only to be cancelled. This was all due to logistical issues, resulting in the sell-off of stores in Barry and Caerphilly. 1,700 jobs were promised in the expansion, with only a few being created.
In May 2010, Netto UK was bought by Asda for £778M, to increase its smaller store portfolio. The rebranding of 147 former Netto stores, under the Asda brand was complete by November 29, 2011. Competition laws required Asda to sell the remaining 47 stores to other companies, such as Morrisons, new convenience store UGO, and other retailers. In June 2014, Dansk Supermarked returned Netto in the United Kingdom, as a 50:50 joint venture with Sainsbury's. At least one store will be combined with a Sainsbury's.
The Netto name is also used in other countries, such as Spain & France, but these stores are independent from the Scandinavian Netto. The Spanish Netto is a chain of convenience stores owned by DinoSol, and the French Netto is a discount chain owned by Les Mousquetaires.
- Nettos hjemmeside
- Telegraph http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10969287/Sainsburys-to-convert-part-of-supermarket-into-Netto.html
- Information regarding the locations of the Danish owned Netto
- Information regarding ICA's withdrawal from Netto in Sweden
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