Editing Salling Group (section)

=== The launch of Netto ===
In 1981, the first store of the discount supermarket chain [[Netto (store)|Netto]] was opened in Denmark. The company later expanded into [[France]], [[Germany]], [[Poland]], [[Sweden]] and the [[United Kingdom]]. Netto is the only company part of Salling Group to have expanded outside Denmark.

The German Netto stores, set up in 1990, were originally a 75:25 joint venture between Dansk Supermarked and the largest German supermarket chain, [[Edeka]]. Dansk Supermarked acquired Edeka's 25% stake in January 2013, enabling it to become a wholly owned subsidiary of Dansk Supermarked. Edeka also owns a separate discount supermarket chain, [[Netto Marken-Discount]], which is completely unrelated to Dansk Supermarked.

The United Kingdom Netto stores, also set up in 1990, were later sold to the British supermarket chain [[Asda]], (owned by the [[United States]] retailer [[Walmart]]), in 2010. However, in 2014, Dansk Supermarked relaunched [[Netto UK]] stores as a 50:50 joint venture with another British supermarket chain, [[Sainsbury's|J Sainsbury plc]]. In 2016 [[Sainsbury's|J Sainsbury plc]] closed cooperation with DS and again Netto chain left British market.

The Swedish Netto stores were established in 2002 as a 50:50 joint venture with the Swedish retailer [[ICA AB]]. However, ICA later reduced its stake to 5%, meaning that from 2006 Dansk Supermarked had a 95% controlling interest in the Swedish Netto stores. Netto left Sweden in July 2019, when the stores were sold off to Coop Butiker & Stormarknader AB.<ref>{{Cite web |title=End of Netto in Sweden |url=https://www.nhh.no/en/research-centres/food/food-news/2021/end-of-netto-in-sweden/ |access-date=2023-02-28 |website=NHH |language=en}}</ref>