Penny (supermarket)
Penny or internationally Penny Market (in Austria Penny Markt) is a 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]
Penny store with new corporate branding in Hamburg, Germany
Penny Markt
 | |
| Type | Subsidiary |
|---|---|
| Industry | Retail |
| Founded | 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 |
Operations
| Country | Number of stores |
|---|---|
| Austria | 290[3] |
| Czech Republic | 370 |
| Germany | 2,250[1] |
| Hungary | 223 |
| Italy | 365 |
| Romania | 216 |
- Penny Market exited the Bulgarian market on October 31, 2015.
References
- Rewe Group. "Über uns" (in German). Retrieved 2015-03-22.
- Rewe Group. "Unternehmensgeschichte" (in German). Retrieved 2017-12-30.
- Rewe Group. "Vertriebslinien - Penny Market" (in German). Retrieved 2015-03-22.
External links
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Wikimedia Commons has media related to Penny Market. |
| Co-operatives | |
|---|---|
| Discount |
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| Organic |
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| Hypermarkets | |
| Regional | |
| Defunct chains | |
 Category | |
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