Penny (supermarket)

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Penny
Subsidiary
Industry Retail
Founded 1973
Headquarters Cologne, Germany
Key people
Alain Caparros, managing director
Products Discount stores
Revenue Increase 10.3 billion (2010)
Number of employees
43,773 (2010)
Parent Rewe Group
Website www.penny.de

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

Operations[edit]

Country Number of stores
Austria Austria 290[3]
Czech Republic Czech Republic 370
Germany Germany 2,250[1]
Hungary Hungary 212
Italy Italy 365
Romania Romania 216

Penny Market exited the Bulgarian market on October 31, 2015.

See also[edit]

Old logo between 2002 and 2014

References[edit]

  1. ^ a b Rewe Group. "Über uns" (in German). Retrieved 2015-03-22. 
  2. ^ Rewe Group. "Unternehmensgeschichte" (in German). Retrieved 2017-12-30. 
  3. ^ Rewe Group. "Vertriebslinien - Penny Market" (in German). Retrieved 2015-03-22. 

External links[edit]