| Edeka Gruppe/Edeka Zentrale AG & Co. KG | |
|---|---|
 |
|
| Type | Private |
| Genre | Retail |
| Founded | Berlin, Germany |
| Headquarters | Hamburg, Germany |
| Area served | Germany, Austria |
| Key people | Alfons Frenk Hans-Jörg Schumacher |
| Industry | Retail |
| Revenue | € 38 billion (2005) |
| Employees | 250,000 |
| Website | edeka.de |
The Edeka Group is the largest German supermarket corporation, currently holding a market share of 26%. A genre (ˈʒɑːnrə also /ˈdʒɑːnrə/ from French "kind" or "sort" from Latin: genus (stem gener-) is a loose set Berlin is the capital city and one of sixteen states of Germany. Germany, officially the Federal Republic of Germany ( ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant is a Country in Central Europe. Hamburg (English, German: ˈhambʊɐk local pronunciation Low German / Low Saxon: Hamborg) is the second-largest city in Germany Germany, officially the Federal Republic of Germany ( ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant is a Country in Central Europe. For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages Germany, officially the Federal Republic of Germany ( ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant is a Country in Central Europe. Customer divider barjpg|thumb|In supermarkets sellers periodically change prices for classes of goods in response to market conditions rather than negotiating the price of each good A corporation is a separate legal entity usually used to conduct business Founded in 1898, it consists today of several cooperatives of independent supermarkets all operating under the umbrella organisation Edeka Zentrale AG & Co KG, headquartered in Hamburg. Hamburg (English, German: ˈhambʊɐk local pronunciation Low German / Low Saxon: Hamborg) is the second-largest city in Germany There are approximately 4,100 stores with the Edeka nameplate that range from small corner stores to hypermarts. Hypermart USA was a demonstrator project operated by Wal-Mart in the 1980s which attempted to combine groceries and general merchandise under one roof at a substantial discount On November 16, Edeka reached an agreement with Tengelmann (known for A&P in the US) to purchase a 70% majority stake in Tengelmann's Plus discounter store division. Events 534 - A second and final revision of the Codex Justinianus is published [1]
History
The cooperative was founded in 1898 as the E. d. K. (Einkaufsgenossenschaft der Kolonialwarenhändler). In 1913, it was renamed to its current name, Edeka - a phonetic expansion of the previous abbreviation. The Edekabank was founded in 1914, and from 1923 on central billing was introduced. After World War II, the reconstruction of the store network was led from the new Hamburg central offices. Hamburg (English, German: ˈhambʊɐk local pronunciation Low German / Low Saxon: Hamborg) is the second-largest city in Germany In 1972, the cooperatives changed structure and formed twelve regional companies, the umbrella corporation and the Edekabank converting from a cooperative to a public limited company. A Public Limited Company ( PLC, plc or plc or p l c is a type of Limited company in the United Kingdom or the Republic of Ireland which is
Brand names
Operational names of these stores include:
- Edeka nah und gut ("close and good") - Stores up up to 400m² (4300 sq. ft), mostly found in smaller municipalities
- Edeka aktiv markt ("active mart") - Mostly privately run supermarkets between 400m² bis 800m² (4300 - 8600 sq. Customer divider barjpg|thumb|In supermarkets sellers periodically change prices for classes of goods in response to market conditions rather than negotiating the price of each good feet), mostly located in outlying neighborhoods and villages
- Edeka neukauf - Privately or centrally managed stores between 800m² und 2000m² (8600 - 21,500 sq. feet)
- Edeka center (E-Center) - Hypermarkets between 2000m² bis 5000m² (21,500 - 54,000 sq. feet)
- Edeka C&C Großmarkt (Mios) (Cash & Carry)
- Edeka Großverbraucherservice (for commercial customers)
Stores not operating under the Edeka brand, but belonging to the group nonetheless:
- SPAR
- aktiv discount - often rebranded E-Center stores, mainly in Northern Germany
- Netto Marken-Discount - discount stores in the north
- Marktkauf - hypermarkets, mainly in West Germany
- Plus - discount stores (30 % by the Tengelmann Group)
It also has holdings in Denmark. In Sailing, a spar is also know as a round pole of wood or Metal used on a Sailing ship. Netto Marken-Discount is a German supermarket chain It is owned by EDEKA and operates mostly in southern and western Germany Discounts and allowancesIn Finance and Economics, discounting is the process of finding the present value of an amount of cash at some future date and along with In Commerce, a hypermarket is a superstore which combines a Supermarket and a Department store. Plus is a German chain of Supermarkets founded in 1972 It is owned by EDEKA to 70 % and the Tengelmann Group to 30% The Tengelmann Group is a Holding company based in Mülheim an der Ruhr. The Kingdom of Denmark ( ˈd̥ænmɑɡ̊ (archaic ˈd̥anmɑːɡ̊ commonly known as Denmark, is a country in the Scandinavian region of northern Europe
Edeka also operates a number of companies providing related services, for example the Edekabank.
External links
- Edeka official site
- German Press Release about Edeka's acquisition in the Plus Germany discounter chain
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