Czech republic biography of albert krone

Albert Czech Republic

Czech supermarket chain owned by Ahold Delhaize

An Albert hypermarket in Orlová, Czech Republic

Trade name

Albert
IndustryRetail
FoundedPrague, Czech Republic (30 July 1991 (1991-07-30))
First founded 1990
Headquarters

Prague

,

Czech Republic

Area served

Czech Republic
ServicesRetail grocery: hypermarkets, supermarkets, convenience stores
Revenue59,399,246,000 Czech koruna (2020) 

Operating income

−1,804,939,000 Czech koruna (2015, 2014) 

Net income

1,736,648,000 Czech koruna (2020) 
Total assets20,905,156,000 Czech koruna (2020) 

Number of employees

10,605 (2016)[1]
ParentAhold Delhaize
Websitewww.albert.cz

Albert Česká republika, s.r.o., is a division of the Netherlands-based Ahold Delhaize group, operating in the Czech Republic. The company (then known as Euronova a.s.) began trading in Czechoslovakia in 1990. Up until 2023 it operates the approximately 335 outlets forming the supermarket chain Albert.

History

The company opened its first store in 1991, under the brand name Mana. This outlet, in Jihlava, was Czechoslovakia's first supermarket.[2] One Albert store operated in Bratislava/Petržalka, Slovakia.

In 2005, Ahold took over 56 outlets of the Austrian-based Julius Meinl supermarket when the latter company left the Czech market, and remodelled them to conform to their Albert brand.[3] In 2009, the company dropped the Hypernova brand, re-branding all hypermarket operations to the name Albert Hypermarket.[4]

In March 2014 Ahold Czech Republic a.s. acquired 35 hypermarkets and 14 supermarkets from Spar for more than 5.2 billion Czech koruna.[5] With this move Albert became and remains the Czech Republic's biggest supermarket chain in terms of outlets, with some 330 stores.[6] The Prague TV guide mentioned in 2015 both the original pioneering and current outdatedness of the Albert stores.[4]

References