Formido (store)

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A Formido store.

Formido bouwmarkten B.V. was a Dutch Hardware store-chain. Formido opened its first store on 22 November 1976 in Waddinxveen. It was part of the franchise-organisation Maxeda, which headquarters is located in Amsterdam.[1] As of 2011 Formido had 80 stores, all of which were located in the Netherlands. Of these stores, 15 were managed by Formido and 65 were franchised.[1] Maxeda also owns the Hardware store-chain Praxis and Brico.

In the first half year of 2008 Fomido, Praxis and Brico had a combined revenue of 755 million euro.[2]

In September 2017 Maxeda announced that they would deprecate the Formido brand and replace the stores with the Praxis formula.[3]

References[edit]

  1. ^ a b Formido Archived 2012-02-14 at the Wayback Machine on maxeda.com
  2. ^ "Hogere omzet Maxeda". adformatie.nl (in Dutch). September 24, 2008.
  3. ^ "Maxeda voert Formido-formule af in Nederland. Het einde van de Nederlandse DIY-formule Formido is in zicht, nu moederbedrijf Maxeda heeft aangekondigd dat het merendeel van de winkels omgebouwd zal worden naar Praxis-vestigingen". Joram De Bock (Gondola – Retail facts & trends) (in Dutch). 7 September 2017. Retrieved 28 September 2017.

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