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Jysk

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Jysk A/S
Company typePrivate
IndustryRetail
Founded2 April 1979; 45 years ago (2 April 1979) in Aarhus, Denmark
FounderLars Larsen
HeadquartersBrabrand, Denmark
Number of locations
3,400[1]
Area served
Europe (including Armenia, Azerbaijan, Georgia, Greenland), Tajikistan, Kuwait, United Arab Emirates, Thailand, Vietnam, Canada
Key people
Jacob Brunsborg (chairman)
RevenueIncrease5.6 billion (FY24)[1]
Increase594 million (FY24)[1]
Number of employees
31,000[1]
ParentLars Larsen Group
Websitejysk.com

Jysk A/S (Danish: [ˈjysk] YUHSK) is a Danish retail chain specializing in household goods, including mattresses, furniture, and interior décor. As Denmark's largest international retailer, Jysk operates over 3,400 stores across 48 countries.[1] The name "Jysk" (meaning "Jutlandic") reflects the company's Danish roots. It was founded by Lars Larsen, who opened the first store on Silkeborgvej in the Danish city of Aarhus in April 1979.[2] Today, Jysk is owned by the family of its founder through the Lars Larsen Group, a holding company that also fully or partly owns furniture chains such as ILVA, IDÉmøbler, IDdesign, Bolia.com, and Sengespecialisten.[3] The company’s logo features a goose, symbolically linked to the brand’s history.[4] Known for its Scandinavian design, Jysk is sometimes referred to as a small-scale Danish IKEA.[5]

Jysk store in Zagreb, Croatia
Jysk store in Hungary
Jysk store in Groningen, Netherlands
Jysk store in Sweden
Jysk store in Tårnby, Denmark
Jysk store in Norway
Jysk store in Lithuania
Jysk store in Riihimäki, Finland
Jysk store in Slovakia
Jysk store in Oulu, Finland
Jysk store in Dresden, Germany
Jysk in Pontefract, United Kingdom

History

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1979–1989

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On 2 April 1979, the first Jysk Sengetøjslager store opened in Aarhus, Denmark, where it continues to operate today.[6]

In 1984, Jysk Sengetøjslager expanded beyond Denmark, opening its first store in Germany under the name Dänisches Bettenlager. That same year, the company launched its first franchise store in Greenland. In 1986, Jysk opened its first store in the Faroe Islands, followed by an expansion into Iceland in 1987, with a store in Kópavogur under the name "Rúmfatalagerinn." In 1988, Jysk entered the Norwegian market, opening its first store in Stavanger under the name "Norsk Sengetøylager."

1990–1999

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In 1995, Jysk opened its first store in Finland.[7] In 1996, Jysk expanded to North America, opening its first Canadian store in Coquitlam, British Columbia.[8] In 1998, Jysk celebrated the opening of its 500th store.

2000–2009

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In 2000, Jysk entered the Polish market.[9] In 2001, the company unified its branding, changing the store names in Denmark, Sweden, Norway, and Finland from Jysk Sengetøjslager, Jysk Bäddlager, Norsk Sengetøylager, and Jysk Vuodevarasto to simply Jysk. In 2004, Jysk opened its first store in Hungary. In 2008, Jysk Nordic inaugurated Northern Europe’s largest warehouse in Uldum, Mid-Jutland, covering an area of 64,000 m².[10] The same year, Jysk expanded into the UK, with stores opening in Mansfield and Lincoln in April, followed by Blackburn and York in the summer.[11]

2010–2019

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In 2010, Jysk was awarded a royal warrant of appointment as a purveyor to the Queen of Denmark. Also in 2010, the company's staff magazine GO JYSK won several awards, including Staff Magazine of the Year in Denmark and second place in Europe. In 2011, Jysk launched its own television channel, www.jysk.tv. In 2013, Jysk opened its first store in Yerevan, Armenia, marking its entry into the Caucasus region.[12] Between 2014 and 2015, Jysk expanded to Indonesia, opening stores in Mall Taman Anggrek and Pejaten Village in Jakarta.[13] Jysk continued to grow in Indonesia, with additional stores opening in Margo City Depok, Kuningan City, Pluit Village in Jakarta, and Aeon Mall BSD City in Tangerang. In 2016, Jysk expanded into Singapore, opening its first store at Tiong Bahru Plaza.[14] That same year, Jysk opened two stores in Belarus, its first store in Tajikistan,[12] and its first store in Tbilisi.[15] In 2017, Jysk expanded further, opening a third store in Minsk,[16] its first store in Brest,[17] and its first store in Kuwait.[18] In 2018, Jysk opened its first store in Dubai.[19] In 2019, the company launched in Thailand[20] and opened its first store in Baku, Azerbaijan.[21] Jysk also opened its fourth logistics hub in Bulgaria—DCB (Distribution Center Bozhurishte).[22] In the same year, Jysk made its entry into the Republic of Ireland, with its first store in Naas. Initially planning 15 stores across the country, this figure was later increased to 40. As of February 2022, stores are operational in Naas, Drogheda, Navan, Portlaoise, Thurles, Youghal, Little Island, Limerick, Sligo, and Santry.[23]

Lars Larsen passed away on 19 August 2019

Stores

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Jysk stores operate in a medium format with an average area of 1,300 m2 (14,000 sq ft).[24]

Jysk-stores are operating through the three entities Jysk Nordic, Dänisches Bettenlager, and Jysk-Franchise.[25] Jysk Nordic operates over 1,500 stores in 21 countries (including Scandinavia and Central and Eastern Europe). Dänisches Bettenlager operates over 1300 stores in Germany, Austria, Switzerland, Italy, France, Spain, and Portugal. The "Dänisches Bettenlager"-name was used for stores until 2020 in Austria and until 2021 in Germany, which is the largest market for Jysk, while the stores in Switzerland, Italy, France, Spain, and Portugal are operated under the name Jysk.

Jysk also includes franchises agreements around the world with over 200 stores in 23 countries (including Canada, Caucasus, Baltics, United Arab Emirates, Kuwait, Tajikistan, Thailand and Vietnam).

Geographic distribution

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Number of the store by country as of 1 November 2023.[1]

Country Since Stores Entity
Germany 1984 961 Dänisches Bettenlager
Poland 2000 272 Jysk Nordic
Romania 2006 137 Jysk Nordic
Sweden 1991 134 Jysk Nordic
Denmark 1979 111 Jysk Nordic
Netherlands 2006 104 Jysk Nordic
Norway 1988 103 Jysk Nordic
Czech Republic 2003 98 Jysk Nordic
Finland 1995 91 Jysk Nordic
Austria 2000 90 Dänisches Bettenlager
Hungary 2005 89 Jysk Nordic
Spain 2009 110 Dänisches Bettenlager
Ukraine 2004 81 Jysk Nordic
Switzerland 2006 69 Dänisches Bettenlager
Italy 2009 66 Dänisches Bettenlager
Canada 1996 67 Jysk Franchise
France 2007 50 Dänisches Bettenlager
Slovakia 2006 50 Jysk Nordic
Croatia 2009 49 Jysk Nordic
Greece 2015 48 Jysk Nordic
Bulgaria 2005 52 Jysk Nordic
Serbia 2011 41 Jysk Nordic
Belgium 2017 41 Jysk Nordic
Bosnia and Herzegovina 2010 27 Jysk Nordic
United Kingdom 2008 25 Jysk Nordic
Slovenia 2008 24 Jysk Nordic
Portugal 2010 16 Dänisches Bettenlager
Indonesia 2014 14 Jysk Franchise
Lithuania 2001 13 Jysk Franchise
Vietnam 2015 13 Jysk Franchise
Estonia 2002 12 Jysk Franchise
Latvia 2001 11 Jysk Franchise
Ireland 2019 12 Jysk Nordic
Kosovo 2004 10 Jysk Franchise
Belarus 2016 10 Jysk Franchise
Thailand 2018 10 Jysk Franchise
Moldova 2016 8 Jysk Franchise
Azerbaijan 2019 8 Jysk Franchise
Iceland 1987 7 Jysk Franchise
Greenland 1984 6 Jysk Franchise
Albania 2015 6 Jysk Franchise
Georgia 2016 6 Jysk Franchise
United Arab Emirates 2018 5 Jysk Franchise
Turkey 2023 4 Jysk Nordic
North Macedonia 2008 4 Jysk Franchise
Montenegro 2015 3 Jysk Franchise
Kuwait 2017 3 Jysk Franchise
Malta 2016 2 Jysk Franchise
Tajikistan 2016 2 Jysk Franchise
Armenia 2013 2 Jysk Franchise
Faroe Islands 1986 1 Jysk Franchise

References

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  1. ^ a b c d e f "Annual Report 2023/2024". ipapercms.dk. Retrieved 13 Dec 2024.
  2. ^ "The founder | JYSK". www.jysk.com. Retrieved 2017-08-04.
  3. ^ "About us". larslarsengroup.com. Retrieved 3 May 2022.
  4. ^ "THE JYSK AND DBL LOGO". JYSK Blue Line. 15 June 2020. Retrieved 27 January 2021.
  5. ^ "The 'Danish IKEA' has announced the location of its first Dublin store". lovindublin.com. Retrieved 8 July 2020.
  6. ^ "The History of JYSK". Archived from the original on 24 April 2014. Retrieved 2 May 2015.
  7. ^ "JYSK kasvatti myyntiä Suomessa" (in Finnish). 1 December 2016.
  8. ^ "JYSK Announces 6 Canadian Stores for 2017". Retail Insider. 28 April 2017.
  9. ^ "Informacje o JYSK". jysk.pl (in Polish). Retrieved 2019-11-24.
  10. ^ "CASE STUDY JYSK". ssi-schaefer.com. Retrieved 27 November 2020.
  11. ^ "WHAT IS JYSK?". jysk.ie. Retrieved 27 November 2020.
  12. ^ a b "The History of JYSK GROUP". JYSK. Retrieved 5 September 2018.
  13. ^ "Peresmian JYSK Store Indonesia, Foto 5 - Tribun Images". Tribunnews.com. Retrieved 2 May 2015.
  14. ^ "List of Tiong Bahru Plaza's stores". AsiaMalls Management Pte Ltd. Retrieved 21 July 2016.
  15. ^ "თბილისში სკანდინავიური ბრენდის JYSK GROUP პირველი მაღაზია გაიხსნა" [First store of Scandinavian brand Jysk opened in Tbilisi]. Business media Georgia (in Georgian). Tbilisi: Business Media Georgia. 2016-10-02. Retrieved 2021-07-28.
  16. ^ JYSK opens in Belarus mynewdesk.com, retrieved November 27, 2020
  17. ^ Jysk opening shop in Brest ctv.by, November 17, 2017, retrieved November 27, 2020
  18. ^ JYSK Franchise opens in Kuwait mynewdesk.com, November 2, 2017, retrieved November 27, 2020
  19. ^ In pictures: coolest new furniture store opens in Dubai expatmedia.net, January 7, 2019, retrieved November 27, 2020
  20. ^ เปิดตัว “JYSK” แบรนด์เฟอร์นิเจอร์ระดับโลกจากสแกนดิเนเวียน พร้อมปักหมุดแฟล็กชิปสโตร์แห่งแรกในไทย prachachat.net, April 9, 2019, retrieved August 8, 2021
  21. ^ JYSK opens the first store in Azerbaijan mynewsdesk.com, May 22, 2019, retrieved November 27, 2020
  22. ^ Jysk Officially Opened the Distribution Center in Bulgaria gojysk, September 20, 2019, retrieved November 27, 2020
  23. ^ "Jysk says it takes four times longer to open Irish store than rest of Europe". The Irish Times.
  24. ^ "Danish home retailer Jysk plans 20 stores in Ireland". irishtimes.com. Retrieved 6 March 2019.
  25. ^ "About JYSK". jysk.com. Retrieved 5 May 2022.
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