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Number of HEMA stores in Europe 2008-2018
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Number of HEMA stores in Europe 2008-2018
Number of HEMA stores in Europe from 2008 to 2018*
by Lars Kamer,
last edited
Sep 3, 2019
In 2018, HEMA owned 760 stores across two continents. HEMA, an abbreviation for Hollandsche Eenheidsprijzen Maatschappij Amsterdam, is a Dutch retail chain characterized for its generic housewares. With their original product designs and relatively low pricing, it is a well-known and respected brand within the Netherlands. From 1984 HEMA expanded to Belgium, Germany, Austria, Luxembourg, France, Spain and the United Arab Emirates. In terms of the number of employees, HEMA employed approximately 9,500 people in the Netherlands, whereas Belgium and France had 936 and 694 employees, respectively.
HEMA and Lion’s Capital
HEMA used to be part of Maxeda, a group owned by the private equity firm Kohlberg Kravis Roberts & Co (KKR), but in 2007 the company was sold by KKR to Lion’s Capital, another private equity firm from the United Kingdom. After three years, Lion’s Capital decided to sell HEMA to gain a financial benefit, but an acquisition deal with several potential buyers including Ahold (parent company of e.g. Albert Heijn supermarkets, drugstore Etos etc) came to an early end. Afterwards, Lion’s Capital could not find another buyer and the economic recession partially caused a decline in HEMA’s financial performances. The EBITDA of HEMA went from 157 million euros in 2010 to 86 million euros in 2015, and therefore became less attractive for potential buyers. With their financial problems, argues with franchisers, the rise of discounters like Action and the difficult interrelationship with Lion’s Capital, it became clear that the earlier successes of HEMA was not cast in stone.
Back in Dutch hands
After a failed acquisition deal with a Jordan sheikh in 2016 and Core Equity in the spring of 2018, Investor Marcel Boekhoorn decided to buy HEMA and the retail chain came back in Dutch hands. Nevertheless, the company had an excessive indebtedness due to the way Lion’s Capital financed the retailer. In 2018, the sale of HEMA resulted in a goodwill impairment of 226.3 million euros, and HEMA recorded a net loss of 232.9 million euros in the latter year.
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by Lars Kamer,
last edited
Sep 3, 2019
In 2018, HEMA owned 760 stores across two continents. HEMA, an abbreviation for Hollandsche Eenheidsprijzen Maatschappij Amsterdam, is a Dutch retail chain characterized for its generic housewares. With their original product designs and relatively low pricing, it is a well-known and respected brand within the Netherlands. From 1984 HEMA expanded to Belgium, Germany, Austria, Luxembourg, France, Spain and the United Arab Emirates. In terms of the number of employees, HEMA employed approximately 9,500 people in the Netherlands, whereas Belgium and France had 936 and 694 employees, respectively.
HEMA and Lion’s Capital
HEMA used to be part of Maxeda, a group owned by the private equity firm Kohlberg Kravis Roberts & Co (KKR), but in 2007 the company was sold by KKR to Lion’s Capital, another private equity firm from the United Kingdom. After three years, Lion’s Capital decided to sell HEMA to gain a financial benefit, but an acquisition deal with several potential buyers including Ahold (parent company of e.g. Albert Heijn supermarkets, drugstore Etos etc) came to an early end. Afterwards, Lion’s Capital could not find another buyer and the economic recession partially caused a decline in HEMA’s financial performances. The EBITDA of HEMA went from 157 million euros in 2010 to 86 million euros in 2015, and therefore became less attractive for potential buyers. With their financial problems, argues with franchisers, the rise of discounters like Action and the difficult interrelationship with Lion’s Capital, it became clear that the earlier successes of HEMA was not cast in stone.
Back in Dutch hands
After a failed acquisition deal with a Jordan sheikh in 2016 and Core Equity in the spring of 2018, Investor Marcel Boekhoorn decided to buy HEMA and the retail chain came back in Dutch hands. Nevertheless, the company had an excessive indebtedness due to the way Lion’s Capital financed the retailer. In 2018, the sale of HEMA resulted in a goodwill impairment of 226.3 million euros, and HEMA recorded a net loss of 232.9 million euros in the latter year.
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- Release date
- April 2019
- Region
- Netherlands
- Survey time period
- 2008 to 2018
- Supplementary notes
- * HEMA is a retail store originated from the Netherlands. It includes directly operated stores in the Netherlands, Belgium, Luxembourg, Germany, United Kingdom, Spain and France and franchise stores in the Netherlands.
Source
- Show sources information
- Show publisher information
- Release date
- April 2019
More information
- Region
- Netherlands
- Survey time period
- 2008 to 2018
- Supplementary notes
- * HEMA is a retail store originated from the Netherlands. It includes directly operated stores in the Netherlands, Belgium, Luxembourg, Germany, United Kingdom, Spain and France and franchise stores in the Netherlands.
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Statistics on "Department stores in the Netherlands"
- Retail market overview
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- Leading retailers in the Netherlands in 2018, by revenue (in million euros)Leading retailers in the Netherlands 2018, by revenue
- Total turnover of the food and non-food retail sector in the Netherlands from 2013 to 2017 (in million euros)Total turnover of the retail sector in the Netherlands 2013-2017
- Total retail outlets in the Netherlands in 2019, by retail sector Total retail outlets in the Netherlands 2019, by retail sector
- Distribution of retail outlets in the Netherlands in 2019, by retail sectorDistribution of retail outlets in the Netherlands 2019, by retail sector
- Total number of retail outlets in the Netherlands in 2019, by retail store type Number of retail outlets in the Netherlands 2019, by retail store type
- Total retail floor space in the Netherlands in 2019, by retail sector (in 1,000 square meters)Total retail floor space in the Netherlands 2019, by retail sector
- Distribution of the retail floor space in the Netherlands in 2019, by retail sectorDistribution of the retail floor space in the Netherlands 2019, by retail sector
- Total retail floor space in the Netherlands in 2019, by retail store type (in 1,000 square meters)Total retail floor space in the Netherlands 2019, by retail store type
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- Leading retail companies in the Netherlands in 2017, by retail revenue (in million U.S. dollars)Leading retail companies in the Netherlands in 2017, by retail revenue
- Top 10 retail chains in the Netherlands in 2019, by number of storesTop 10 retail chains in the Netherlands 2019, by number of stores
- Top 10 retail chains in the Netherlands in 2019, by shop floor area (in square meters)Top 10 retail chains in the Netherlands 2019, by shop floor area
- Ranking of operating department store chains in the Netherlands in 2019, by shop floor area (in m2)Ranking of department stores in the Netherlands 2019, by shop floor area
- Most popular retailers in the Netherlands in 2016*Most popular retailers in the Netherlands 2016
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- Total turnover of department stores in the Netherlands from 2014 to 2017 (in million euros)Total turnover department stores in the Netherlands 2014-2017
- Turnover per department store in the Netherlands from 2013 to 2017 (in 1,000 euros)Turnover per department store in the Netherlands 2013-2017
- Total number of department stores in the Netherlands from 2014 to 2018Total number of department stores in the Netherlands 2014-2018
- Share of households visiting department stores in the Netherlands from 2008 to 2016*Share of households visiting department stores in the Netherlands 2008-2016
- Distribution of department store expenditure in the Netherlands in 2016, by household type*Distribution of department store spending in the Netherlands 2016, by household type
- Average department store expenditure in the Netherlands between 2002 and 2016, by length of the visit (in euros)Average department store expenditure in the Netherlands 2002-2016, by visit length
- Distribution of the department store revenue in the Netherlands between 2002 and 2016, by length of the visit Distribution of department store revenue the Netherlands 2002-2016, by visit length
- Number of media statements about broadline retailers in the Netherlands in 2018, by brandNumber of statements about broadline retailers in the Netherlands 2018, by brand
- HEMA & De Bijenkorf
The most important statistics
- Gross sales of HEMA from 2008 to 2018 (in million euros)*Gross sales of HEMA 2008-2018
- Net sales of HEMA from 2008 to 2018 (in million euros)*Net sales of HEMA 2008-2018
- Net sales of HEMA in 2015 and 2018, by region (in million euros)*Net sales of HEMA 2015-2018, by region
- Net sales of HEMA from 2014 to 2018, by product category (in million euros)*Net sales of HEMA 2014-2018, by product category
- Net result of HEMA from 2014 to 2018 (in million euros)Net result of HEMA 2014-2018
- Number of HEMA stores in Europe from 2008 to 2018*Number of HEMA stores in Europe 2008-2018
- Average number of employees at HEMA in 2018, by countryNumber of employees at HEMA 2018, by country
- Media perception of De Bijenkorf in the Netherlands in 2018, by characteristic*Media perception of De Bijenkorf in the Netherlands 2018, by characteristic
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- Ranking of department stores in the Netherlands 2019, by shop floor area
- Most popular retailers in the Netherlands 2016
- Total turnover department stores in the Netherlands 2014-2017
- Turnover per department store in the Netherlands 2013-2017
- Total number of department stores in the Netherlands 2014-2018
- Share of households visiting department stores in the Netherlands 2008-2016
- Distribution of department store spending in the Netherlands 2016, by household type
- Average department store expenditure in the Netherlands 2002-2016, by visit length
- Distribution of department store revenue the Netherlands 2002-2016, by visit length
- Number of statements about broadline retailers in the Netherlands 2018, by brand
- Gross sales of HEMA 2008-2018
- Net sales of HEMA 2008-2018
- Net sales of HEMA 2015-2018, by region
- Net sales of HEMA 2014-2018, by product category
- Net result of HEMA 2014-2018
- Number of HEMA stores in Europe 2008-2018
- Number of employees at HEMA 2018, by country
- Media perception of De Bijenkorf in the Netherlands 2018, by characteristic
- Worldwide media perception of De Bijenkorf 2018, by characteristic
- Number of specialized telecommunication equipment retail stores in Iceland 2008-2018
- Number of furniture, household & lighting equipment shops in Hungary 2012-2017
- Leading retailers ranked by turnover in Ireland 2017
- Number of paint, ironware, DIY & building material shops in Hungary 2012-2017
- Number of kiosks in Iceland 2008-2017
- Number of cosmetic shops in Hungary 2012-2017
- Number of carpets, rug, wall & floor covering shops in Hungary 2012-2017
- Number of footwear and leather goods shops in Hungary 2012-2017
- Number of pet shops in Hungary 2012-2017
- Number of flower shops in Hungary 2012-2017
- Number of clothes shops in Hungary 2012-2017
- Share of vacant retail stores in the Netherlands 2016-2019
- Number of watch & jewelry shops in Hungary 2012-2017
- Number of retail units in Scotland 2008-2016
- Leading retailers ranked by employee numbers in Ireland 2017
- Retail vacancy trend in the Netherlands 2016-2017, by size of the city
- Post-administration retail stores reoccupied in the United Kingdom 2014, by retailer
- Number of retail stores in Amsterdam 2016-2018, by type
- Country risk of the GCC by state 2015
- Industry revenue of »wholesale of information, communication equipment« in Belgium 2011-2023
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