Schlecker

Schlecker was a German retail company with headquarters in Ehingen which once had a workforce of some 52,000. There were stores across Europe including Germany, Austria, the Czech Republic, Luxembourg, Portugal, Poland, France, Spain and Italy. Schlecker announced the closure of half its shops across Germany with effect from 29 February 2012.[3] Due to bankruptcy, the remaining stores were closed on 27 June of that year, with the exception of the 'XL' markets and the businesses of associated 'Ihr Platz' brand.

Schlecker
Sole proprietorship
Industryretail
Founded1975
FounderAnton Schlecker 
Defunct2012
HeadquartersEhingen (Donau), Deutschland, Germany
Area served
Germany, Austria, Czech Republic, Luxembourg, Belgium, Hungary, Poland, France, Spain, Italy.
Key people
Anton Schlecker, Lars Schlecker and Meike Schlecker
Productscosmetics, healthcare, household products, photo developing and food
ServicesBusiness services,
Revenue€ 4.748 billion (2010/2011) EUR (2010)[1]
Number of employees
25,000 (September 2008)[2]
Websitewww.schlecker.de

History

When Anton Schlecker joined the company in 1965, Schlecker was a butchery chain with 17 subsidiaries. He founded a department store, Schleckerland, in the same year. Between 1972 and 1976, another four department stores were opened in Schwäbisch Gmünd, Geislingen, Neu-Ulm and Göppingen.[4] With the abolition of resale price maintenance on cosmetics, healthcare and household products in 1974, Anton Schlecker established his first store for these items the following year. In 1987, the company's first foreign subsidiary was established in Austria. In 1991 the company acquired Superdrug in France and, shortly thereafter, established subsidiary companies in the Netherlands and Spain. In 1999, Schlecker entered the Italian market. The first markets in Poland and Portugal opened in 2004 and 2006, respectively.

Bankruptcy and dissolution

On 21 January 2011, it was announced that Thorben Rusch would become Schlecker's new COO, with Sami Sagur taking the post of CFO.[5][6]

Schlecker filed for bankruptcy on 23 January 2012 although it was announced that business would continue during the bankruptcy process. 104 markets of the Ihr Platz subsidiary were taken over by Schlecker's competitor Rossmann.

Literature
  • Sarah Bormann: Angriff auf die Mitbestimmung. Unternehmensstrategien gegen Betriebsräte – der Fall Schlecker. Edition Sigma, Berlin 2007, ISBN 978-3-8360-8685-1.
  • Michael Opoczynski: Die Blutsauger der Nation - Wie ein entfesselter Kapitalismus uns ruiniert. Droemer, ISBN 3-426-27380-2.
  • Rüdiger Liedtke: Wem gehört die Republik? Die Konzerne und ihre Verflechtungen in der globalisierten Wirtschaft 2007. Namen Zahlen Fakten. Eichborn Verlags AG, Frankfurt a. M. 2006, ISBN 3-8218-5658-0, S. 375-377.
gollark: Set it equal to `(x-1)(ax^3+bx^2+cx+d)` (the thing you know it's divisible by times the generalized cubic thingy), and expand that out/simplify.
gollark: It would be annoying and inconsistent if it was 0. It's 1.
gollark: It's 1, or the nice neat recursive factorial calculation algorithms would stop working.
gollark: It's not an example, this seems to be true in all cases.
gollark: Oh, they said they don't need to be different, so square numbers are fine I guess.

References
  1. according to the financial statement of the Anton Schlecker e.K. in the company register. This amount refers to the net revenue.
  2. „Schlecker Drogerie - Marktführer in Europa“ Archived 2007-07-12 at the Wayback Machine, schlecker.com (German)
  3. http://www.thelocal.de/national/20120229-41063.html
  4. https://web.archive.org/web/20110904011509/http://www3.schlecker.com/htdocs/cms/historie_at.htm. Archived from the original on September 4, 2011. Retrieved December 11, 2011. Missing or empty |title= (help)
  5. http://www.markenartikel-magazin.de/no_cache/personalien/artikel/details/10050-drogeriekonzerns-schlecker-ernennt-neuen-coo/
  6. http://www.mediaproverlag.de/pdf/personalintern/2011/ausgabe04_11.pdf
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.