Penny (supermarket)
German discount supermarket chain
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Retail |
| Founded | 1973; 51 years ago (1973) |
| Headquarters | Cologne, Germany |
Key people | Alain Caparros, managing director |
| Products | Discount stores |
| Revenue |  € 10.3 billion (2010) |
Number of employees | 43,773 (2010) |
| Parent | Rewe Group |
| Website | www.penny.de |
Penny or internationally Penny Market (in Bavaria and Austria Penny Markt) is a German discount supermarket chain based in Germany, which operates 3,550 stores.[1] The market was founded by Leibbrand Gruppe in 1973; since 1989, it has been fully owned by the Rewe Group.[2]
In France, the chain was bought in 2005 by the Ed brand of the Carrefour group.[3] In 2010, it operated approximately 3,000 stores across 6 countries in Europe. In May 2014, Penny is present in Germany, Austria, Bulgaria, Hungary, Italy, Czech Republic, Romania and soon in Turkey. After taking over 7 stores in Liguria from Tuodì in October 2017 for €9.2 million, it is present in Italy with 357 points of sale distributed in 17 regions, served by 7 distribution centers.[4]
Operations
| Country | Number of stores |
|---|---|
| Austria | 290[5] |
| Czech Republic | 370 |
| Germany | 2,250[1] |
| Hungary | 233 |
| Italy | 365 |
| Romania | 362 |
- Penny Market exited the Bulgarian market on October 31, 2015.
See also
- REWE Group
- Billa
- Selgros
References
- ^ a b Rewe Group. "Über uns" (in German). Retrieved 2015-03-22.
- ^ Rewe Group. "Unternehmensgeschichte" (in German). Retrieved 2017-12-30.
- ^ "Document de Référence Rapport Financier Annuel 2012 – Carrefour" (PDF).
- ^ "Aziende in campo | La crisi di Dico-Tuodì: a Penny Market sette negozi in Liguria per 9,2 milioni". 2017-10-09. Archived from the original on 2017-10-09. Retrieved 2022-05-01.
- ^ Rewe Group. "Vertriebslinien - Penny Market" (in German). Retrieved 2015-03-22.
External links
Wikimedia Commons has media related to Penny Market.
- Penny
- Penny Germany
- Penny Markt Austria
- Penny Market Italy
- Penny Market Hungary
- Penny Market Czech Republic
- Penny Market Romania
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