Etos B.V., trading as Etos, was founded in 1919 by

Philips Koninklijke Philips N.V. (), commonly shortened to Philips, is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters is ...

to create a grocery and drugstore where Philips employees could benefit from lower priced products than the average stores. "Etos" is an abbreviation for the Dutch words: ''Eendracht, Toewijding, Overleg and Samenwerking'' (Unity, Devotion, Consultation and Cooperation). As of July 1, 2021, Sebastiaan de Jong will be the company's president.

History

Etos had a

bakery A bakery is an establishment that produces and sells flour-based food baked in an oven such as bread, cookies, cakes, donuts, pastries, and pies. Some retail bakeries are also categorized as cafés, serving coffee and tea to customers wh ...

and even fuel pumps, in 1931 the stores went private as Etos. In 1973 Etos was bought by

Ahold Koninklijke Ahold N.V. was a Dutch multinational retail company based in Zaandam, Netherlands. It merged with Belgium-based Delhaize Group in 2016 to form Ahold Delhaize. History Growth in the Netherlands The company started in 1887, when A ...

which reformed the grocery stores to the

Albert Heijn Albert Heijn is the largest supermarket chain in the Netherlands with a market share of 34.8% in 2020. It was founded in 1887, and has been part of Ahold Delhaize since 2016. History The chain was founded on 27 May 1887, when Albert Heijn bo ...

formula. The drug stores went on as Etos. Etos has 546 stores in the Netherlands. 54% of the Etos stores operates as a franchise. In 2008 Etos was named best drug store of the Netherlands for the first time (the first 11 years this had been drug store "DA"). In 2009, 2011, 2014, 2015 and 2017 it managed to extend this title.

References

External links

*
Official website of Etos
{{retail-stub Ahold Delhaize Retail companies of the Netherlands Retail companies established in 1918 Pharmacy brands Dutch companies established in 1918