Colruyt Group

Updated on Dec 10, 2024

Edit

Comment

Type Public Industry Retail Headquarters Halle, Belgium Founded 1925		Traded as Euronext: COLR CEO Jef Colruyt (1994–) Founder Franz Colruyt Parent organization Sofina

Key people Jef Colruyt (Executive chairman) Services Supermarkets, toy and leisure retail, wholesale, cash and carry Revenue €8.652 billion (2013/2014) Stock price COLR (EBR) € 45.08 +0.06 (+0.12%)8 Mar, 5:35 PM GMT+1 - Disclaimer Subsidiaries Colruyt, SAS Codi-France, Dats 24 NV Profiles Twitter Facebook YouTube

Colruyt group ceo jef on the new logo

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.

Retail partners colruyt group nieuwe naam voor belgische groothandelsactiviteiten

Operations

The group's main business is its Colruyt discount supermarket stores, with over 200 locations in Belgium. The brand competes directly with discount retailers such as Aldi and Lidl. 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

Colruyt - supermarkets

Colruyt France - supermarkets

Sparretail - Spar grocery stores (franchising)

Bio Planet - Bio (organic) supermarkets

Colruyt Group Services (IT - work simplification - BPM - Marketing)

Symeta (formerly Druco) - printing company

Dreamland - toy shops

DreamBaby

Dream - gift shops

OKay - grocery stores

Pro a Pro Distribution - distribution company

Collivery - home delivery

Collishop - home delivery [Non-Food]

Dats 24 - Gas station

Colruyt Export

N.V. Finco (FINances for COlruyt)

Cru

Milestones

1960: purchase of IBM 360-20 to process the famous punch cards as the first supermarket in Belgium.

1960s: start of the lowest prices policy with Discount Verloo.

1971: opening of the first unmanned DATS 24-hour filling station in Belgium.

1987: first company in Belgium to use ‘full scanning’, a barcode on the product to automate replenishment, stock management and orders.

1990s: food safety in the light of the dioxin affair. the company suggested to draw up specifications with requirements for suppliers, which were later also used by other distributors

2000: Collect&Go offers Colruyt’s food assortment online.

2011: pursuit of animal welfare. No more meat from castrated pigs is sold in the group’s stores since early 2011. Later, other supermarkets like Delhaize and Lidl also followed this example, urged on by the Gaia, the Belgian organisation for animal welfare.

References

Colruyt Group Wikipedia

(Text) CC BY-SA