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Home > Company Index > Retail > Grocery Retailing > Tengelmann Warenhandelsgesellschaft OHG

Tengelmann Warenhandelsgesellschaft OHG
 NEWS FROM THE STANDARD
A&P Bets the Store
May 08 2001 09:46 AM PDT

 PROFILE
American shoppers know the Tengelmann Group best through its majority-owned A&P (Great Atlantic & Pacific Tea Company) supermarkets. Some 750 A&P-owned stores in the US make up only part of Tengelmann, one of the world's largest food retailers. The group has about 7,900 supermarkets, drugstores, and general stores, mostly in Europe under such names as Tengelmann and Kaiser's (supermarkets and drugstores), Obi (do-it-yourself supply stores), Plus (a discount food chain), and Skala-Coop (retail department stores). The company also makes candy and chocolate. Tengelmann is restructuring by selling or closing hundreds of its poorly performing supermarkets. Chairman and CEO Erivan Haub's family owns the company.

 COMPETITION
Delhaize "Le Lion" S.A. (DEG)
METRO AG (MEO)
REWE-Zentral AG (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 30,800.00
1-Yr. Sales Growth: 6.9%
Employees: 200,000
Revenue per employee: $154,000.00

 KEY PEOPLE
• Karl-Erivan W. Haub
    CEO
• Jens-Jürgen Böckel
    CFO

 CONTACT INFO
Wissollstraße 5-43
45478 Mülheim an der Ruhr, Germany
Phone: 49-208-5806-662
Fax: 49-208-5806-6401
Online: Web Site

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