Last year, the Dutch non-food discount retailer Action posted a turnover of €1.99 billion up by +7.6% like-for-like and by +34% in total. Since launching 23 years ago, the Dutch chain (a subsidiary of Group 3i) has only experienced positive scal years. The business model relies on low rents, 33% of xed o ering and 66% of opportunistic o ers, based on suppliers’ over supply of products and low prices. Action runs 786 stores in Europe, including 349 in the Netherlands, 200 in France, 129 in...
Do you have information to share with us?