PENNY MARKET
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Gross, Penny Market: We Have 20-25 Store Openings Budgeted For 2019
Discount retail chain Penny Market has more than 230 stores in Romania and plans to open another 20 to 25 in 2019, which makes for a faster expansion pace than last year. It opened 18 Penny...
Penny Market: We Plan To Open Our Fourth Logistics Center In Romania
German-held discount store chain Penny Market, which has more than 220 stores in Romania has three warehouses and is already thinking of a fourth.
Penny Market Eyes 13% Higher Turnover In 2018, Of Nearly RON3.3B
Discount store chain Penny Market, held by German retailer REWE, posted a turnover of RON3 billion in 2017 and targets an increase of nearly 12-13%, up to RON3.3 billion.
Penny Market Budgets 20-25 New Stores In 2018
German-held discount store chain Penny Market, which has more than 220 stores in Romania, has budgeted 20 to 25 new stores for 2018, the same expansion rate as in 2017, the company said.
PENNY Market Opens Three New Stores In October, Reaches 212 Unit-Network
REWE Romania is opening three new Penny Market stores in Romania, in October, in Iasi, Agigea and Satu Mare, reaching a network of 212 units at the end of October.
Penny Market Expects Sales Growth To More Than RON3B in 2017
Discount store chain Penny Market will see more than 3 billion lei (EUR656 million) sales in 2017, up about 8% on 2016.
Rewe Completes Remodeling Of XXL Mega Discount Stores Under Penny Market Format
German Group Rewe, present in Romania with Penny Market store chain, has completed the remodeling process of XXL Mega Discount stores with the opening of the unit in Fundeni (Bucharest) unde...
Penny Market Takes Over Billa Store After Transfer Operated By French Carrefour
Retailer Carrefour transferred a Billa store to German group Rewe, which operates in Romania store chains Penny Market, following the commitment undertaken by Carrefour toward Romania’s Comp...
Lidl Buys Two Stores From Penny Market In EUR6M-EUR8M Deal
German-held discount store chain Lidl bought two XXL Mega Discount stores in Sibiu and Galati for its direct rival Penny Market, market sources say. The deal comes after the closing of the e...