Company type | Hard discount |
---|---|
Industry | Retail |
Founded | 1978 |
Defunct | 2012 |
Headquarters | , |
Parent | Carrefour Group |
Website | http://www.magasins-ed.com/ |
Ed (pronounced E-D, abbreviation of "Europa Discount") was a French brand of discount stores founded in 1978. It franchises its name to small-format hard discounts stores in France. It was part of the Carrefour Group.[1]
On 3 June 2009, there were 916 Ed stores in France and more than 10,000 employees.[2] The assortment is primarily food stores Ed, fresh produce is placed at the heart of the positioning of the brand.
Ed bought the chain of 'Penny Market' discount stores in May 2005 and 60 stores of the French subsidiary of Edeka (Treff Market in France) in eastern France in 2003.
In April 2009, a test of changing some 'Ed' stores to the Dia branding was announced by the Carrefour Group.[3] The shops of Villeneuve-Saint-Georges and Mâcon were some of the first. An insider to the company declared: "The decision to move all of the 918 Ed stores to the Dia banner is already certain. But the timing is not yet decided."[4]
In 2010, 250 stores will be transformed into Dia.[5] It will mark the takeover by the Carrefour group deep discount from its branch in France[clarification needed], to create new synergies with other brands of the group. The Carrefour Discount product range however, should not be sold in Dia stores, which have their own label called "Dia". "But to reduce procurement costs, both private label [products] have the same suppliers," says one expert. "Simply replace the Carrefour packaging with Dia packaging." Dia stores could also replace some Champion supermarkets located in areas with low purchasing power, rather than the more upmarket Carrefour Market. Conversely, Ed stores in upscale areas like city centres could be transformed into Carrefour City.[citation needed]