Formido (store)

Formido bouwmarkten B.V. was a Dutch Hardware store-chain. Formido opened its first store on 22 November 1976 in Waddinxveen. It was part of the franchise-organisation Maxeda, which headquarters is located in Amsterdam.[1] As of 2011 Formido had 80 stores, all of which were located in the Netherlands. Of these stores, 15 were managed by Formido and 65 were franchised.[1] Maxeda also owns the Hardware store-chain Praxis and Brico.

A Formido store.

In the first half year of 2008 Formido, Praxis and Brico had a combined revenue of 755 million euro.[2]

In September 2017 Maxeda announced that they would deprecate the Formido brand and replace the stores with the Praxis formula.[3]

References
  1. Formido Archived 2012-02-14 at the Wayback Machine on maxeda.com
  2. "Hogere omzet Maxeda". adformatie.nl (in Dutch). September 24, 2008. Archived from the original on May 28, 2014. Retrieved February 24, 2012.
  3. "Maxeda voert Formido-formule af in Nederland. Het einde van de Nederlandse DIY-formule Formido is in zicht, nu moederbedrijf Maxeda heeft aangekondigd dat het merendeel van de winkels omgebouwd zal worden naar Praxis-vestigingen". Joram De Bock (Gondola – Retail facts & trends) (in Dutch). 7 September 2017. Retrieved 28 September 2017.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.