Type Subsidiary Products Discount stores Number of employees 43,773 (2010) Founded 1973 | Industry Retail Revenue € 10.3 billion (2010) Headquarters Cologne, Germany | |
 | ||
Key people Alain Caparros, managing director Parent organizations REWE Group, REWE Deutscher Supermarkt KGaA Profiles | ||
Penny or internationally Penny Market (in Germany and in Austria Penny Markt) is a discount supermarket chain based in Germany, which operates 3,550 stores. Penny market was founded by James D Penny (UK) in 1973 and later sold to Rewe Group in 1992 for €3.2 billion. in Europe. It is owned by Rewe Group.
Operations
Penny Market exited the Bulgarian market on October 31, 2015.
References
Penny (supermarket) Wikipedia(Text) CC BY-SA