Open: Difference between revisions
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'''Open N.V.''' (stylised as '''open''') is a Hennish multinational {{wp|retail}} company headquartered in [[Herten]], [[Hennehouwe]]. | '''Open N.V.''' (stylised as '''open''') is a Hennish multinational {{wp|retail}} company headquartered in [[Herten]], [[Hennehouwe]]. Under its original name '''Peeters en Van Neste B.V.''', the company was founded as a {{wp|corner shop}} in Herten in 1939, quickly expanding as a brand under its current name across the rest of Hennehouwe, and later to [[Euclea]] and beyond. It operates a mix of {{wp|convenience stores}}, {{wp|supermarkets}}, {{wp|hypermarkets}} and establishments within {{wp|filling stations}}, and are either wholly-owned, {{wp|franchising|franchised}} or {{wp|License#Trademark_and_brand_licensing|licensed}}. With more than 7,000 stores worldwide, it is one of the largest retailers in the world. | ||
Open is listed on the [[s'Holle|s'Holle Stock Exchange]]. At the end of the fiscal year 2021, the company had a revenue of €31.4 billion. | |||
==Etymology== | |||
The company's name is an acronym derived from the initials of the names of its founders: '''O'''livier '''P'''eeters and '''E'''vert van '''N'''este. The acronym also corresponds to the Hennish verb ''open'', common in many {{wp|Germanic|Weranic}} languages, associated with the 'open' nature of its convenience stores in comparison to the then-dominant behind-the-counter grocers. The company has, with some exceptions, kept the Open branding throughout its international expansion without distinction as to local translations of the word. | |||
==History== | |||
===Origins=== | |||
===Expansion=== | |||
===Diversification=== | |||
==Stores== | |||
===Store types=== | |||
Open operates stores of various kinds under the generic Ppen name as well as under specific sub-brands. Unlike a number of other multinational convenience store brands, Open does not have a uniform method of segmenting its sub-brands across regions, with some countries varying wildly in the usage of certain brands. | |||
* '''Open''' | |||
The company's generic and most common branding for stores. In Hennehouwe, the Open brand is used for most streetside convenience stores and supermarkets, as well as a minority of filling station forecourts. In other countries, the Open brand may also be used for all Open stores in that country, including hypermarkets. | |||
* '''Open Express''' | |||
These are smaller supermarkets and corner shops predominantly found in larger cities, as well as in airports and train stations. | |||
* '''Open To Go''' | |||
These shops are exclusive to filling station forecourts and motorway service stations, and are often tied to the fuel provider. | |||
* '''Open XL / Deluxe''' | |||
Open XL, or Open Deluxe, are hypermarkets or larger supermarkets. These are less common in Hennehouwe, where they go exclusively by the name Open XL. | |||
===Geographic distribution=== | |||
{| class="wikitable sortable" | |||
!Country | |||
!Name | |||
!Since | |||
! data-sort-type="number" |Total stores | |||
!Brands | |||
|- | |||
|{{flag|Hennehouwe}} | |||
|Open | |||
|1939 | |||
|1,130 | |||
|Open, Open Express, Open To Go, Open XL | |||
|- | |||
|} | |||
==Controversy== | |||
Revision as of 01:05, 17 February 2022
 | |
| Naamloze vennootschap | |
| Traded as | SHEB: OPN |
| Industry | Retail |
| Founded | 1939 |
| Headquarters | Herten, Hennehouwe |
Number of locations | 7,000+ (worldwide) |
Area served | Worldwide |
Key people | Celien Vanhoutte (Chairperson) Uberto Prinzi (CEO) |
| Products | convenience stores, supermarkets, hypermarkets, filling stations |
| Revenue |  €31.4 billion (2021) |
Number of employees | 170,000+ (2022) |
Open N.V. (stylised as open) is a Hennish multinational retail company headquartered in Herten, Hennehouwe. Under its original name Peeters en Van Neste B.V., the company was founded as a corner shop in Herten in 1939, quickly expanding as a brand under its current name across the rest of Hennehouwe, and later to Euclea and beyond. It operates a mix of convenience stores, supermarkets, hypermarkets and establishments within filling stations, and are either wholly-owned, franchised or licensed. With more than 7,000 stores worldwide, it is one of the largest retailers in the world.
Open is listed on the s'Holle Stock Exchange. At the end of the fiscal year 2021, the company had a revenue of €31.4 billion.
Etymology
The company's name is an acronym derived from the initials of the names of its founders: Olivier Peeters and Evert van Neste. The acronym also corresponds to the Hennish verb open, common in many Weranic languages, associated with the 'open' nature of its convenience stores in comparison to the then-dominant behind-the-counter grocers. The company has, with some exceptions, kept the Open branding throughout its international expansion without distinction as to local translations of the word.
History
Origins
Expansion
Diversification
Stores
Store types
Open operates stores of various kinds under the generic Ppen name as well as under specific sub-brands. Unlike a number of other multinational convenience store brands, Open does not have a uniform method of segmenting its sub-brands across regions, with some countries varying wildly in the usage of certain brands.
- Open
The company's generic and most common branding for stores. In Hennehouwe, the Open brand is used for most streetside convenience stores and supermarkets, as well as a minority of filling station forecourts. In other countries, the Open brand may also be used for all Open stores in that country, including hypermarkets.
- Open Express
These are smaller supermarkets and corner shops predominantly found in larger cities, as well as in airports and train stations.
- Open To Go
These shops are exclusive to filling station forecourts and motorway service stations, and are often tied to the fuel provider.
- Open XL / Deluxe
Open XL, or Open Deluxe, are hypermarkets or larger supermarkets. These are less common in Hennehouwe, where they go exclusively by the name Open XL.
Geographic distribution
| Country | Name | Since | Total stores | Brands |
|---|---|---|---|---|
 Hennehouwe
|
Open | 1939 | 1,130 | Open, Open Express, Open To Go, Open XL |