The dm-drogerie markt GmbH + Co KG in Karlsruhe is not only Germany’s largest drugstore chain with a turnover of 11.2 billion euros (2018/19), but also the number 1 drugstore chain in Europe. Around 3,700 dm stores with a total of 62,000 employees ensure a nationwide presence. The focus of the business is in Germany. The 2000 German dm stores with 41,000 employees achieved a turnover of 8.4 billion euros in the 2018/19 financial year. This corresponds to a sales share of 75 percent of the total group. The market share for drugstore articles in Germany is approximately one quarter. This article is based on the unique List of the 400 largest German trading companies.
Rated 5.00 out of 5€299,99 Incl. VAT
- Excel list of the 400 largest retail and wholesale companies in Germany
- Includes: revenues (2015-2018), number of employees, contact details, executives
- Download of the Excel file valid indefinitely, free updates within one year after purchase, free preview file available
- Last update: 14.05.2020
Expansion from Germany via Austria to Central and South-Eastern Europe
The company founder Götz Werner opened the first dm drugstore in Karlsruhe in 1973. He used the abolition of the legal price fixing for drugstore articles and the spread of the self-service principle in the retail trade in the 1970s as a business model. This was followed by years of rapid expansion, and the path to Austria was already taken in 1976. Here dm drogerie markt GmbH in Wals-Siezenheim, Austria, operates as a subgroup within the dm group. Under the umbrella of the Austrian subsidiary, the company also expanded into Central and South-Eastern Europe. Strong dm markets (number of branches in brackets) include Hungary (260), the Czech Republic (232), Croatia (161), Slovakia (146) and Romania (105).
Picture source: Unsplash