Penny (supermarket)
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Company type | Subsidiary |
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Industry | Retail |
Founded | 1973 |
Headquarters | Cologne, Germany |
Key people | Alain Caparros, managing director |
Products | Discount stores |
Revenue | ![]() |
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]
![](https://upload.wikimedia.org/wikipedia/commons/thumb/2/22/Hamburg.Penny.Corporate_Design-2012.wmt.jpg/250px-Hamburg.Penny.Corporate_Design-2012.wmt.jpg)
![](https://upload.wikimedia.org/wikipedia/commons/thumb/f/f1/Penny-Markt-Filiale_in_Vilshofen.jpg/250px-Penny-Markt-Filiale_in_Vilshofen.jpg)
Operations
[edit]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
[edit]![](https://upload.wikimedia.org/wikipedia/en/thumb/4/49/Penny_Market_logo.svg/125px-Penny_Market_logo.svg.png)
References
[edit]- ^ 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
[edit]![](https://upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/30px-Commons-logo.svg.png)
- Companies based in Cologne
- Retail companies established in 1973
- Companies established in 1973
- Supermarkets of Austria
- Supermarkets of Bulgaria
- Supermarkets of the Czech Republic
- Supermarkets of Germany
- Supermarkets of Hungary
- Supermarkets of Italy
- Supermarkets of Romania
- German brands
- Retail company stubs
- German company stubs