Colruyt (supermarket)

Colruyt (Dutch pronunciation: [kol.ˈrœyt]) is a Belgian supermarket chain with the headquarters in Halle, Belgium.

Etablissementen Franz Colruyt N.V.
Colruyt
TypePrivately held company
IndustryRetailing
Founded1925
FounderFranz Colruyt
Headquarters
Halle, Belgium
,
Belgium
Area served
Global
Key people
Jef Colruyt, Chairman
ProductsDiscount store, hypermarket/supercenter/superstore
RevenueIncrease €5.3 billion (2012-13)[1]
Number of employees
24,287
ParentColruyt Group
Websitecolruyt.be

Colruyt carries the surname of the founder of the family business, the Colruyt family still owns the company.

Colruyt is part of Colruyt Group, a Belgian multinational family business in wholesale distribution that evolved from the Colruyt supermarkets. It is competing with hard discounters such as Aldi and Lidl in Benelux countries where it is a well established market leader.[2] The current manager is Jef Colruyt.

The company's retail trade division includes the direct supply of products to retail customers operating through brands Colruyt, OKay, Bio-Planet, DreamLand and ColliShop, among others. The company supplies to wholesalers and affiliated independent merchants in Belgium, France and Luxembourg. It also supplies fuels through DATS 24 filling stations in Belgium and France, provides printing and document management solutions (Druco/Mitto) and engineering activities (Intrion), and produces renewable energy (WE Power).[3]

History
Main article: Colruyt family
  • 1925 – Franz Colruyt, baker at Lembeek (near Halle) creates his own business in colonial goods (coffee, spices, etc.).[4]
  • 1950 – Creation of the "nv Ets Franz Colruyt", food wholesaler, which will over time become Colruyt Group[5]
  • 1958 – Jo Colruyt and his brothers take over the management of the company GV
  • 1994 – Death of Jo Colruyt. His son Jef Colruyt succeeds him.[6]

References
  1. "Colruyt Annual Report" (PDF). Colruyt Group. April 2013. Retrieved 1 December 2013.
  2. "Colruyt market share". MarketMap. 2011. Archived from the original on 2013-12-03. Retrieved 2013-12-01.
  3. "Colruyt on the Forbes 2000 Global List". Forbes. May 2013. Retrieved 2013-12-01.
  4. "Colruyt founded by Franz Colruyt". Debate.org. 2013. Archived from the original on 2013-12-02. Retrieved 2013-11-24.
  5. "Annual Report 2010/2011" (PDF). Colruyt. Archived from the original (PDF) on 3 December 2013. Retrieved 22 November 2013.
  6. "Jef Colruyt succeeds Jo Colruyt". OVGuide. 2012. Archived from the original on 2013-12-02. Retrieved 2013-11-24.
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