Jump to content

Inno

From Wikipedia, the free encyclopedia
(Redirected from Galeria Inno)
For the Pioneer device, see Pioneer Inno. For the installer, see Inno Setup.
INNOvative Retail BV
IndustryRetail
GenreDepartment store
FoundedMay 1897; 127 years ago (1897-05) in Brussels, Belgium
FounderJulien Bernheim
Number of locations
16
Area served
Belgium
Websiteinno.be
Footnotes / references
[1]

Inno, (formerly Galeria Inno) is an upmarket Belgian department store chain that operations sixteen branches around Belgium.[1]

History

[edit]

In May 1897, A l'Innovation opened in Brussels.[2][3] The department store was founded by Julien Bernheim.[3]

The chain was a founding member of the International Association of Department Stores, until 2001. Emile Bernheim (son of Julien and president of Inno from the 1920's) was president of the association in 1931, 1935, 1950 and 1960.[4]

In 1925 following the death of Julien Bernheim, his son Émile Bernheim began to lead the company.[3]

The Rue Neuve flagship (constructed between 1901 and 1903 and designed by Victor Horta) was destroyed in a fire which killed either 251 or 325 people depending on the source.[5][6] The incident is however the deadliest fire in Belgian history.[7] It was after this incident that the department store rebranded from Innovation to Inno.[6]

Inno expanded into France in March 1962 with a hypermarket format,[8] however in 1964 due to poor sales a majority stake in Inno-France was sold to Galeries Lafayette.[9][8] The management of the stores was taken over by Galeries Lafayette in 1965,[9] in 1971 the stake was upped to 88% and Inno no longer held shares in the company.[10] The management of Inno France was taken over by Monoprix and in 2013 the final Inno-France stores were closed.[11]

In 1969 the company merged with Bon Marché (unrelated to the French Le Bon Marché) to create Inno-BM.[12] Then in 1974 Inno-BM merges with GB to create GB-Inno-BM (later renamed to GIB Group).[13][12]

Galeria Kaufhof purchased the chain in April 2001, with this Galeria was added to the chain's name to become Galeria Inno.[14] In 2015 a majority shareholding in Galeria Kaufhof was purchased by the Hudson's Bay Company from Metro AG,[15][16]

In 2018 Galeria Kaufhof merged with Karstadt to form Galeria Karstadt Kaufhof, however in 2019 HBC divested it's shares in the company and Signa Holding took full control of the company.[17]

The chain rebranded from Galeria Inno to Inno in 2021 and for the first time the brand opened a web shop.[18] A new store format also began to be rolled out across the brand following the first with the Schoten branch in 2020.[18][19]

Former logo used from 2004 to 2021

Plans to sell Galeria Inno were announced in late 2023,[20] in July 2024 it was announced that Axcent (Swedish retail group, majority shareholder of Åhléns) and Skel (Icelandic investment group) would purchase the company for an undisclosed amount.[21][22]

Locations

[edit]

INNO operates overall 16 department stores throughout Belgium, of which four are located in Brussels: InnoBascule,[23] Inno Louise,[24] Inno Rue Neuve,[25] and Inno Woluwe.[26]

References

[edit]
  1. ^ a b "Entreprise achetez en ligne" [Company buy online]. Galeria Inno (in French). Archived from the original on 2017-06-06. Retrieved 2024-06-20.
  2. ^ Rompaey, Stefan Van (2022-05-02). "Is INNO ready for the next 125 years?". RetailDetail EU. Retrieved 2025-02-01.
  3. ^ a b c "Les Bernheim, de l'Inno au mécénat". L'Echo. 15 June 2011. Retrieved 1 February 2025.
  4. ^ iads.org - Presidents
  5. ^ Boyle, Robyn (2017-05-22). "Brussels commemorates 50 years since deadly department store fire". The Bulletin. Retrieved 2025-02-01.
  6. ^ a b "Inno fire". Brussels Remembers. Retrieved 2025-02-01.
  7. ^ Stéphany, Pierre (2006). Les années 1960 en Belgique [The 1960's in Belgium] (in French). Brussels: Racine Lannoo. ISBN 978-2-87386-487-3.
  8. ^ a b "Les Galeries Lafayette vont apporter à Inno-France en crise de croissance l'aide de leurs cadres et de leur centrale d'achat" (in French). 1964-04-29. Retrieved 2025-02-02.
  9. ^ a b "Les Galeries Lafayette reprennent Inno-France" (in French). 1971-04-09. Retrieved 2025-02-02.
  10. ^ "Les frères Willot rachètent aux Galeries Lafayette le magasin Inno-B.J." (in French). 1971-07-14. Retrieved 2025-02-02.
  11. ^ "Inno : l'enseigne a disparu sans tambour ni trompettes". www.lineaires.com (in French). Retrieved 2025-02-02.
  12. ^ a b Linguana (2020-01-23). "From Au Bon Marché to Galeria Inno : rise and fall of the department store in Belgium". Scorpio Consultancy Services Europe. Retrieved 2025-02-01.
  13. ^ "LES MULTIPLES CRISES DU GROUPE GIB LE PREMIER DISTRIBUTEUR BELGE: UN GRAND BAZAR BRICOLAGE: LE REVE AMERICAIN BRISE". Le Soir (in French). 1995-11-17. Retrieved 2025-02-01.
  14. ^ A.Ma (2025-02-01). "Inno: la rénovation d'une institution". La Libre.be (in French). Retrieved 2025-02-01.
  15. ^ "HBC-Logo ziert jetzt das Kölner HBC Europe Service-Center". Galeria Kaufhof (in German). 2017-07-13. Archived from the original on 2017-07-31. Retrieved 2017-07-31.
  16. ^ "Hudson's Bay Company to Acquire Galeria Holding, Parent of Kaufhof, #1 Department Store in Germany" (Press release). Hudson's Bay Company. Archived from the original on 27 September 2015. Retrieved 5 October 2015.
  17. ^ BE, FashionNetwork com. "Signa to take full control of Galeria Karstadt Kaufhof". FashionNetwork.com (in Flemish). Retrieved 2025-02-01.
  18. ^ a b "INNO reinvents itself and opens online marketplace". RetailDetail EU. 2021-04-30. Retrieved 2025-02-01.
  19. ^ "Galeria Inno department stores get extreme makeover". RetailDetail EU. 2020-12-16. Retrieved 2025-02-01.
  20. ^ McNally, Paul (2023-02-09). "Belgium's Galleria Inno department stores to be sold". The Bulletin. Retrieved 2025-02-01.
  21. ^ Club, Press (2024-07-13). "Belgian department store INNO bought by Axcent of Scandinavia". FashionUnited. Retrieved 2025-02-01.
  22. ^ McNally, Paul (2023-02-09). "Belgium's Galleria Inno department stores to be sold". The Bulletin. Retrieved 2025-02-01.
  23. ^ "INNO Bascule". www.inno.be (in French). Retrieved 2025-02-01.
  24. ^ "INNO Louise". www.inno.be (in French). Retrieved 2025-02-01.
  25. ^ "INNO rue Neuve". www.inno.be (in French). Retrieved 2025-02-01.
  26. ^ "INNO Woluwe". www.inno.be (in French). Retrieved 2025-02-01.
[edit]


Stub icon

This retail business article is a stub. You can help Wikipedia by expanding it.

Retrieved from "http://en.wiki.x.io/w/index.php?title=Inno&oldid=1273510016"