Action (store) explained

Action
Type:Private
Industry:Retail
Founded: in Enkhuizen, Netherlands
Founders:-->
Hq Location City:Zwaagdijk-Oost
Hq Location Country:Netherlands
Num Locations:2,587[1]
Num Locations Year:2024
Areas Served:Netherlands, Belgium, France, Germany, Luxembourg, Austria, Poland, Portugal, Czech Republic, Italy, Spain, Slovakia,
Key People:Hajir Hajji (CEO)
Simon Borrows (Chairman)
Revenue:€11.3 billion[2]
Revenue Year:2023
Owner:3i (80%)
Num Employees:~70,000
Num Employees Year:2023

Action is a Dutch international discount store chain with a majority ownership held by British private equity firm 3i, with more than 80% of the shares.[3] It sells low budget, non-food and some food products with long shelf lives. Action operates stores in twelve countries — Netherlands, Belgium, Germany, France, Austria, Luxembourg, Poland, Czech Republic, Italy and since 2022 in Spain,2023 in Slovakia and in 2024 Portugal. Action, with over 2,500 stores and 70,000 employees, generated €11.3 billion in net sales in 2023.[4]

History

Action was founded by Gerard Deen and Rob Wagemaker, who were later joined by Boris Deen. They opened their first store in 1993 in Enkhuizen and started expanding by founding new stores that same year. In 2002, they had 94 stores; in 2005, the first store was opened in Belgium, in Rijkevorsel; and, in 2009, they opened their first store in Germany. In 2012, the company had 300 stores and opened its first store in France. In 2014, Action opened its 500th store. It continued growing exponentially. In 2021, there are more than 1,800 stores across Europe. In November 2023 they opened their 2500th store.[5]

Notes and References

  1. Web site: Stores | Action.com. www.action.com.
  2. Web site: Action results 2023: Continued growth and development .
  3. Web site: 3i Group breaks through £20bn valuation on back of extraordinary Action. citywire.com. 9 November 2023.
  4. Web site: 2023-03-21 . Action results 2023: continued growth and development . 2024-03-21.
  5. Web site: Map of locations. dutch. 4 June 2017.