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Penny (supermarket)

From Wikipedia, the free encyclopedia
Penny
TypeSubsidiary
IndustryRetail
Founded1973; 53 years ago (1973)
HeadquartersCologne, Germany
Key people
Alain Caparros, managing director
ProductsDiscount stores
RevenueIncrease € 10.3 billion (2010)
Number of employees
43,773 (2010)
ParentRewe Group
Websitewww.penny.de

Penny (German pronunciation: [ˈpɛni] ⓘ) 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. As of May 2014, Penny was present in Germany, Austria, Bulgaria, Hungary, Italy, Czech Republic and Romania, with Turkey soon to come. 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]

BERJAYA
Penny store with new corporate branding in Hamburg, Germany
BERJAYA
Penny Markt

Operations

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Country Number of stores
Austria 290[5]
Czech Republic 441
Germany 2,250[1]
Hungary 233
Italy 365
Romania 416
  • Penny Market exited the Bulgarian market on October 31, 2015.

See also

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BERJAYA
Old logo between 2002 and 2014

References

[edit]
  1. 1 2 "Über uns" (in German). Rewe Group. Retrieved 2015-03-22.
  2. ↑ "Unternehmensgeschichte" (in German). Rewe Group. Retrieved 2017-12-30.
  3. ↑ "Document de Référence Rapport Financier Annuel 2012 – Carrefour" (PDF).
  4. ↑ "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.
  5. ↑ "Vertriebslinien - Penny Market" (in German). Rewe Group. Retrieved 2015-03-22.
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