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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.
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.
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.
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Will Netto set new standards for discount retailing in the UK?
Netto began operating in the UK in Leeds on 13 December 1990, with the company's UK headquarters located in the former mining village of South Elmsall, West Yorkshire. Netto primarily expanded in central England, before moving into London.
Jul 4, 2016 · Netto’s 16 UK stores, all in the north of England, will close in August, just over two years after Sainsbury’s launched its £25m partnership with Dansk Supermarked Group.
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 has claimed it will “set new standards for discount retailing in the UK” as it opens its first UK store in Leeds today.