Etos B.V., trading as Etos, was founded in 1918 by Philips 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).
Etos had a bakery and even fuel pumps, in 1931 the stores went private 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 and 2015 it managed to extend this title.
- (Dutch) Official website of Etos