PROFILE |
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Koninklijke Vendex KBB sells mostly consumer goods, but lately, companies as well. Operating mostly in the Netherlands, but also in Belgium, France,Germany, and the US, the company has about 2,500 stores, including some 70 Vroom & Dreesmann department stores and more than 25 specialty store chains that sell apparel, eyewear, electronics, home improvement goods, and other items. Vendex used acquisitions and mergers to grow its employment services and food divisions and then spun them off as new companies (Vedior and Laurus, respectively). Vendex became the Netherland's #1 nonfood retailer when it acquired Koninklijke Bijenkorf Beheer (KBB), which owns toy stores (FAO Schwarz) and department stores (Hema).
COMPETITION |
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AVA Allgemeine Handelsgesellschaft der Verbraucher AG (AVA)
METRO AG (MEO)
Otto Versand Gmbh & Co. (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: January
2001 Sales (mil.): 4,463.40
1-Yr. Sales Growth: 3.5%
Employees: 52,900
Revenue per employee: $84,374.29
KEY PEOPLE |
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Ed Hamming
CEO
Marcel Smits
CFO
CONTACT INFO |
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De Klencke 6, PO Box 7997
1008 AD Amsterdam, The Netherlands
Phone: 31-205-0500
Fax: 31-206-1954
Online: Web Site
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