Annual Report 2018

Store portfolio

In 2018, the number of stores of Beter Bed Holding decreased by 179 stores to 1,009 stores, as 219 stores were closed and 40 stores were opened in that year.

The main changes were:

  • The closure of a total of 172 stores in Germany, Austria and Switzerland as a result of the restructuring of Matratzen Concord. As Matratzen Concord had already committed to opening a number of stores in 2017, 22 stores were opened in early 2018.
  • The transfer to a third party of the stores in Spain as part of the sale of the Spanish activities of El Gigante del Colchón.
  • The addition of net 5 stores in Belgium and 11 in Sweden.

The table below shows the changes in the store portfolio in 2018.

1 Jan 2018

Closed

Opened

31 Dec 2018

Beter Bed and Beddenreus the Netherlands

117

1

1

117

Beter Bed Belgium

11

1

6

16

Total Benelux

128

2

7

133

Matratzen Concord Germany

849

146

14

717

Matratzen Concord Austria

85

12

3

76

Matratzen Concord Switzerland

65

14

5

56

Total DACH1

999

172

22

849

Sängjätten Sweden

16

-

11

27

El Gigante del Colchón Spain

45

45

-

-

Total Group

1,188

219

40

1,009

  1. 1 ISO-country codes for Germany, Austria and Switzerland