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This article is about the hypermarket in Germany. For other uses, see Globus (disambiguation).

Globus Hypermarket Holding (Globus SB-Warenhaus Holding GmbH & Co. KG), branded as Globus, is a German retail chain of hypermarkets, DIY stores and electronics stores.

History

Franz Bruch, the founder

In 1828, Franz Bruch (1801–1865) opened a grocery store under his own name in Sankt Wendel, a town in northeastern Saarland, Germany. Management of the company passed to his son Joseph Adam Bruch (1837–1905) in 1865. Joseph Karl Bruch (1873–1949), the founder's grandson, took over from his father in 1905. Since then, the company has developed from being a retailer only and expanded into wholesale. On 1 February 1949, Joseph died and his two sons, Franz-Josef and Dr Walter Bruch (1913–1999), took over the company, now converted to a limited-liability company. In 1953 the company opened its first self-service grocery at its headquarters under the name "A. Backhaus KG".

On 1 July 2020, Thomas Bruch handed over the management of Globus Holding to his son Matthias Bruch.[1] In August 2020, Globus SB department stores joined the RTG (Retail Trade Group) retail cooperation, currently one of the largest retail cooperations in Germany.[2] At the end of 2020, the Federal Cartel Office Globus approved the takeover of up to 24 Real stores.[3][4]

Globus around the world

Country First store Number of stores
Czech Republic 1996 16
Germany 1966 62 (+ 89 DIY)
Russia 2006 15
Luxembourg 2007 2 DIY

Controversy

Despite Russia's invasion of Ukraine in 2022, Globus Group continues operations in Russia, which has drawn criticism.[5] Despite the public pressure, the managing director Matthias Bruch wants to continue the business in Russia for financial reasons.[6][7]

Gallery

References

  1. ^ "Das Schlaf‐Element ‐ Elementerätsel Juli/August 2020". Nachrichten aus der Chemie. 68 (7–8): 106–106. July 2020. doi:10.1002/nadc.20204100768. ISSN 1439-9598.
  2. ^ "Globus und METRO Deutschland werden Partner der freien Handelskooperation RTG Retail Trade Group". presseportal.de (in German). Retrieved 28 April 2022.
  3. ^ "Bundeskartellamt - Homepage - Kaufland darf 92 Real-Standorte unter Bedingungen übernehmen – Globus darf 24 Real-Standorte übernehmen". www.bundeskartellamt.de. Retrieved 28 April 2022.
  4. ^ "Globus eröffnet erste Filialen in ehemaligen Real-Märkten: Das ändert sich jetzt für Kunden". rtl.de (in German). Retrieved 28 April 2022.
  5. ^ "Obi, Globus und Metro machen in Russland ein Milliardengeschäft — das passiert jetzt mit den Filialen". Businessinsider.de (in German). 2 March 2022. Retrieved 19 March 2022.
  6. ^ Handelsblatt.de (9 March 2022). "Globus-Chef will die Märkte in Russland gegen alle Widerstände offen halten" (in German). Retrieved 19 March 2022.
  7. ^ Some companies finding it too tough to leave Russia

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