Denner (supermarkets)

Denner (supermarkets): Denner is a discount supermarket chain in Switzerland. It is Switzerland's third largest supermarket chain after Migros and Coop (Switzerland) with 11.4% market share.

It was started in 1881 and later developed by Karl Schweri just after the Second World War, it later made Switzerland's first discounter in 1967 in Zurich. In 1973, it broke the country's tobacco cartel. In 2004, the sales of its 580 outlets exceeded CHF 1.8 billion.

In January 2007 it was announced that Migros has purchased a majority stake in Denner. ^[1]

References

^ [1]

External links

Denner's website

Categories:
Supermarkets
Companies of Switzerland
Retail company stubs
Swiss company stubs

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