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|Parent||Dansk Supermarked Group|
Netto also operates an express version of the store, known as Døgn Netto. Døgn stores offer the same service as regular Netto stores, with longer opening hours and higher prices.
2009 saw Netto celebrate its 28th birthday with special offers in store in the weeks number 16, 17 and 18 every year.
As of September 2013, Netto had stores in the following countries:
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 430 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, Saxony-Anhalt and Schleswig-Holstein, and there are a total of 293 stores end of May 2009.
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 293 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 May 8. 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. The head office moved to Falkenberg in October 2003. The Swedish Netto branch is expanding rapidly. As of 2003 there were 28 stores. One year later there were 58 stores and as of December 2007 the store count is 84 and of May 2009 there are 107 stores.
At the end of 2006 ICA announced it was pulling out of the joint venture, reducing its stake from 50% to 5%. 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.
The Netto name is also used in other countries such as Spain and 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.
Netto began operating in England in Leeds on 13 December 1990, with the company's UK headquarters being based in the ex-mining village of South Elmsall, West Yorkshire. Netto primarily expanded in central England, before moving south into London. There were a total of 194 stores in the UK, all in England and Wales.
The United Kingdom had Netto stores from December 1990 until September 2011, when, in May 2010, it was announced that Netto would sell all UK stores to Asda for £778M. Stores later opened in London, Carlisle, Dover, Leeds, Liverpool, Blackburn, Bolton, Burnley, Southampton, Stoke-on-Trent, Barrow-in-Furness, Leicester, Sheffield, Bury, Rotherham, Birmingham, Bradford, Manchester, Hartlepool, Accrington, Chorley, Middlesbrough, Newcastle upon Tyne, Kingston upon Hull, Market Weighton, Wakefield, Sunderland, Kidderminster, King's Lynn, Bedlington, Wigan, Shrewsbury, Lincoln, Tamworth, Goole and York.
Plans for a £200M investment in 70 stores in South Wales were cancelled due to logistical issues, resulting in the sell-off of stores in Barry and Caerphilly. Four stores were opened in North Wales in Holyhead, Llandudno Junction, Flint and Caernarfon.
Many prices were very similar to wholesale prices, in a style and concept closest to the now defunct Kwik Save brand. To enforce fairness to all shoppers, many offers were limited to 6 per person. Netto sold brand-name products, such as Pepsi and Walkers Crisps which were often parallel imports.
In May 2010, Netto UK was bought by Asda for £778m to increase its smaller store portfolio. The rebranding of 147 former UK Netto stores under the Asda name was complete by the end of the summer of 2011. Competition laws required Asda to sell the remaining 47 stores to other companies such as Morrisons, new convenience store Ugo, and other retailers.
By 2011, the 193 Netto stores were sold to Asda, who under Competition commission requirements, then disposed of 27 stores to Morrison's and 20 stores to the Haldanes group. Haldanes created a new brand of stores named Ugo and attempted to duplicate the success of Netto by selling similar products. This venture failed and Haldanes went into administration in February 2012, with the 20 stores being sold to the Poundstretcher group.
- Nettos hjemmeside
- "Asda to take over Netto stores in UK". BBC News. 2010-05-27. Retrieved 2010-05-27.
- "Asda buys Netto's British stores". The Daily Telegraph (London). 2010-05-27.
- Information regarding the locations of the Danish owned Netto
- Information regarding ICA's withdrawal from Netto in Sweden
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