industry retail founded 1964 founder herman salling headquarters h jbjerg denmark key people per bank president and ceo revenue 55.6 billion dkk 2013 1 net income 270 million eur 2007 1 owner the salling companies 81 % a.p. moller maersk group 19 % number of employees 42 500 2013 subsidiaries netto f tex bilka salling website http www.dsg.dk dansk supermarked a s danish supermarket ltd is denmark s largest retailer with a market share of 34.9 % . it owns several chains of stores netto f tex bilka and salling . all of these chains operate exclusively in denmark except netto which has expanded into germany poland sweden and has made two unsuccessful attempts at operating in the united kingdom . the company was founded by herman salling as jysk supermarked in 1960 but the name was changed to dansk supermarked a s when herman salling partnered with the a.p. moller maersk group in 1964 . the company is 81 % owned by f. salling invest a s and f. salling holding a s known as the salling companies and was 19 % owned by a.p. moller maersk group as of january 2014 . 2 on 7 january 2014 a.p. m ller m rsk a s announced that it was selling a 48.68 % stake in dansk supermarked back to f. salling invest a s and f. salling holding a s jointly the salling companies . this transferred control back to the salling companies who now own an 81 % stake in dansk supermarked with an option to buy back the remaining 19 % stake in 2019 . contents 1 history 1.1 the early years 1.2 a.p. m ller enters dansk supermarked 1.3 the birth of bilka 1.4 the launch of netto 1.5 expansion into other ventures 1.6 m rsk sells its stake back to salling 2 current operations 2.1 current chains 2.2 current dansk supermarked stores 3 former operations 3.1 former chains 3.2 former dansk supermarked stores 4 references 5 external links history edit the early years edit the danish supermarket was built on the foundation of the salling department store created in 1906 by ferdinand salling . he worked there until his death in 1953 and he managed to transform his company into public limited company f. salling a s. after the death of ferdinand salling his son herman salling took over the company . he travelled all over the world in search for inspiration and new ideas . after that he decided to focus on department stores supermarkets and hypermarket chains . in 1960 herman salling opened his first supermarket store f tex through his company jysk supermarket which was a completely new type of store for denmark . the idea behind that store was to provide both food and textiles under one roof . 3 despite the fact that f tex is the oldest store in the dansk supermarked group it has never stopped growing . in 2007 the company decided to open a f tex food store which will offer only quality food and in 2009 the first stores was opened in the sk ring by aarhus and hasseris by aalborg . today there are 88 f tex food stores all over denmark . a.p. m ller enters dansk supermarked edit herman salling wanted to expand his venture across europe so he started looking for partners to provide him extra funding . salling found the right partner in 1964 and he made a deal with arnold peter m ller which acquired 50 % of the company off him . m ller also suggested that herman salling s company jysk supermarket should change its name to danish supermarket a s. the birth of bilka edit in 1970 danish supermarked gave the danes the first discount store in denmark bilka . the first store was located in tilst near aarhus . after the opening of the store there were more than 50 000 people visiting it every day . at this point the customers were becoming more and more price conscious . some of them even had extra freezers at their homes so that they could buy more goods at the discount store . the idea for the creation of bilka came from herman salling s visit to west germany . after that he managed to convince his partner the shipping magnate m rsk mc kinney m ller that hypermarkets were the way forward . 4 the launch of netto edit in 1981 the first store of the discount supermarket chain netto was opened in denmark . the company later expanded into france germany poland sweden and the united kingdom . netto is the only company owned by dansk supermarked to have expanded outside denmark . the german netto stores set up in 1990 were originally a 75 25 joint venture between dansk supermarked and the largest german supermarket chain edeka . dansk supermarked acquired edeka s 25 % stake in january 2013 enabling it to become a wholly owned subsidiary of dansk supermarked . edeka also owns a separate discount supermarket chain netto marken discount which is completely unrelated to dansk supermarked . the united kingdom netto stores also set up in 1990 were later sold to the british supermarket chain asda owned by the united states retailer walmart in 2010 . however in 2014 dansk supermarked relaunched netto uk stores as a 50 50 joint venture with another british supermarket chain j sainsbury plc. in 2016 j sainsbury plc closed cooperation with ds and again netto chain left british market . the swedish netto stores were established in 2002 as a 50 50 joint venture with the swedish retailer ica ab . however ica later reduced its stake to 5 % meaning that from 2006 dansk supermarked had a 95 % controlling interest in the swedish netto stores . expansion into other ventures edit t j & sko a clothing and footwear retailer was also founded in 1981 . the stores were closed in 2012 . dansk supermarked also launched another non food only retailer a z in 1987 . however by 2014 these stores had been transferred to the bilka brand . m rsk sells its stake back to salling edit on 7 january 2014 a.p. m ller m rsk a s announced that it was selling a 48.68 % stake in dansk supermarked back to f. salling invest a s and f. salling holding a s jointly the salling companies . this transferred control back to the salling companies who now own an 81 % stake in dansk supermarked with an option to buy back the remaining 19 % stake in 2019 . 5 6 current operations edit dansk supermarked is denmark s largest retailer with a 34.9 % market share . current chains edit the store chains owned by dansk supermarked are netto discount supermarkets f tex large supermarkets with many non food items bilka hypermarkets salling department stores as of 2007 the total number of stores was 1 171 . 1 current dansk supermarked stores edit current stores and supermarkets in denmark 7 stores type 435 netto stores of which 45 are d gnnetto 8 88 f tex food stores 9 18 bilka stores 2 salling department stores former operations edit former chains edit dansk supermarked also formerly operated the following chains a z clothing and footwear stores t j & sko non food only retailer former dansk supermarked stores edit former stores in denmark stores type 6 a z stores 37 t j & sko stores references edit a b c m rsk 1 dansk supermarket history in danish bilka official website a.p. m ller m rsk a s sale of shares in dansk supermarked a s and f. salling a s maersk sells stake in dansk supermarked dansk supermarked numbers and facts about netto facts on f tex external links edit dansk supermarked official website the history of dansk supermarked netto official website f tex official website bilka official website salling official website retrieved from https en.wikipedia.org w index.php title dansk supermarked & oldid 742634914 categories 1964 establishments in denmarkretail companies of denmarkcompanies based in aarhusdansk supermarkedretail companies established in 1964 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage 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