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Website. netto .co .uk. Netto was a discount supermarket chain in the United Kingdom. Netto arrived in the United Kingdom in December 1990, as part of an internationalisation process by its Danish owner, Salling Group. By May 2010, it operated 193 stores, before it was sold to Asda. In June 2014, Salling Group returned Netto to the United ...
Jun 20, 2014 · Netto, which announced a new partnership with Sainsbury’s today, exited the UK in May 2010 when it was bought by Asda in a deal worth £778m. The discounter had 193 stores at the time of the surprise purchase, averaging around 8,000 sq ft each. The deal was investigated by the Office of Fair Trading, and in September that year, the now ...
Nov 21, 2020 · Netto first opened in the UK back in December 1990 and soon grew to have more than 200 stores across England, Scotland, Wales and Ireland.
- Catherine Murphy
Find your nearest Netto store in the UK and browse the latest offers and special buys. Learn about Netto's origins, expansion and partnership with Sainsbury's.
Netto is a Danish-owned supermarket chain that operates in five countries, including the UK. However, Netto has ceased all operations in the UK since 2016 and is no longer a competitor in the market.
Jul 5, 2016 · The Netto UK joint venture was created in 2014 on a trial basis as Sainsbury’s looked to take on discount rivals Aldi and Lidl. Following a strategic review, Sainsbury’s chief executive Mike ...
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Netto has claimed it will “set new standards for discount retailing in the UK” as it opens its first UK store in Leeds today. Netto ’s return – a joint venture with Sainsbury ’s – comes as rival hard discounters Aldi and Lidl continue to grow at breakneck speed at the expense of the big four grocers. The Danish discounter exited the ...