Denner is a discount supermarket chain in Switzerland. It is Switzerland's third-largest supermarket chain after Migros and Coop with 11.4% market share. It is owned by the Federation of Migros Cooperatives since 2007.
 | |
| Founded | 1860[1] |
|---|---|
| Founder | Heinrich Reiff-Schwarz[1] |
Key people | Cäsar Denner Reiff[1] Karl Schweri[1] |
| Owner | Federation of Migros Cooperatives (since 2007) |
As of 2022, Denner has 860 stores (591 own stores and 269 running as franchise called Denner Partner) and a revenue of 3.7 billion CHF.[2] Denner is the second largest wine-seller in Switzerland.
History
editIt was started in 1860 and later developed by Karl Schweri.[1] It later made Switzerland's first discounter in 1967 in Zürich. In 1973, it broke the country's tobacco cartel. In 2004, the sales of its 580 outlets exceeded CHF 1.8 billion.
In 2005 Denner acquired its rival discount chain Pick Pay.[3]
In January 2007, it was announced that Migros has purchased a majority stake in Denner.[4] After the entrance of the worldwide-known retailers Aldi and Lidl (2004 and 2009), Denner successfully defended its leading role in the discount category.
"One for all" ("Einer für Alle") is the company claim, as it describes itself as the "Retail's Robin Hood", who is fighting for cheaper prices for the customers.[citation needed]
At the end of 2016, the leading Swiss discounter Denner had 510 of its own discounter branches in all four language regions of Switzerland and in the Principality of Liechtenstein, as well as independent retailers who are supplied by the company Denner and operate under the names Denner Satellit and "Denner Partner" (279 branches). 20 locations are also operated in the franchise model as Denner Express or Denner partners. At the end of 2017, Denner had 811 points of sale.[5] With over 300 wines in its range, Denner is the second-largest wine retailer in Switzerland after Coop.[6] At the end of 2018, Denner employed a total of 5,075 people and 105 apprentices. Net sales in 2016 were 2.97 billion Swiss francs and 138.3 million purchases were registered.[7] At the end of 2018, Denner had 817 branches.[8]
References
edit- ^ a b c d e (in French) L'histoire de Denner, Denner (page visited on 30 August 2016).
- ^ "Denner - Fakten und Zahlen". www.denner.ch (in German). Retrieved 2023-02-15.
- ^ "Weko lässt die Übernahme von Pick Pay durch Denner zu".
- ^ Allen, Matthew (2007-01-12). "Swiss retail market consolidates". Swissinfo.org. Archived from the original on 2009-03-01. Retrieved 2017-11-14.
- ^ "Ertragsentwicklung (Abschnitt Handel)". Migros. 2018. Retrieved 2018-04-05.
- ^ Matthias Pfander (2014-07-05). "Beim Wein rollt die nächste Online-Welle an". Tages-Anzeiger. Retrieved 2016-01-21.
- ^ "Frischekonzept sorgt bei Denner für Wachstum von +2,3 Prozent". Denner AG. Retrieved 2020-05-28.[permanent dead link]
- ^ Philipp Albrecht (2019-04-24). "Migros: Wie Denner und Migrolino zuverlässig Gewinne abliefern". bilanz.ch. Archived from the original on 2019-05-04. Retrieved 2019-05-04.
External links
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