Standa
{{Short description|Italian department store chain}}
{{Primary sources|article|date=February 2016}}
{{Infobox company
|type=Privately held company
|name=Standa
|fate=Defunct
|foundation =May 9, 1931
|location=Milan, Italy
|defunct=2010
}}
Standa was an Italian chain of department stores.
History
It was founded in 1931 as Magazzini Standard (Società Anonima Magazzini Standard) by a former executive of UPIM and subsequently renamed as Standa (acronym for Società Tutti Articoli Nazionali Dell'Abbigliamento). When it was bought by Montedison in 1966 it had 126 branches all over Italy. It was bought by Silvio Berlusconi in July 1988, through Fininvest, which in 1998 sold the "non-food" stores to the Coin due to a financial crisis. In 1999, the grocery store chain was disbanded and the stores sold by geographical location: the stores based in northern Italy were sold to REWE Group and those based in southern Italy were sold to Conad. The Standa trademark is now officially owned by REWE, which in 2009 rebranded its supermarkets as Billa.
In 2014 REWE sold its Standa/Billa supermarkets chain to the French retailer Carrefour.
A Standa store was opened by REWE in Cologne but closed in 2017.{{cite web |url=http://www.rewe-standa.de/ |title=Home |website=rewe-standa.de}}
References
{{Reflist}}
External links
- [https://web.archive.org/web/20051214154324/http://www.eiro.eurofound.eu.int/1999/11/inbrief/it9911133n.html Restructuring of retail group means end of Standa]
- [http://www.annuariodelfranchising.it/Standa_Supermercati-franchising_supermercati.php Italian Franchising Directory]
Category:Companies based in Milan
Category:Retail companies of Italy
Category:Retail companies established in 1931
Category:Retail companies disestablished in 1999
Category:Companies based in Veneto
Category:1931 establishments in Italy
Category:1999 disestablishments in Italy
Category:Department stores of Italy
{{Supermarkets in Italy}}
{{Italy-company-stub}}
{{retail-company-stub}}