PENNY MARKET
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Rewe, Another 140 Stores In Romania By 2020
Rewe Romania, the company that operates discount store chains Penny Market and XXL Mega Discount in Romania, wants to double its store network by 2020. Thus, the company is poised to open 20...
Penny Market Sales In Romania Up 13.8% In 2013, To Over EUR500M
Discount store chain Penny Market and XXL Mega Discount in Romania registered 13.8% higher sales to over EUR500 million in 2013, from around RON2 billion (EUR448 million) in 2012, said Germa...
REWE Opens Its 137th Penny Market Store In Romania
German discount retailer REWE on Tuesday said it opened a new Penny Market store in Romania, in Sannicolau Mare locality (western county of Timis), reaching a local network of 137 Penny Mark...
Lidl, Penny Market May Post EUR1B Sales In 2012
Discount retail chains Lidl and Penny Market could reach sales of around EUR1 billion this year, after they opened 40 new stores in 2012 compared with cumulated turnovers of a little over EU...
REWE Opens Five More Penny Market Units In Romania
REWE Romania on Thursday said it opened five more units under the Penny Market brand in Romania, bringing its local network to a total 142 units.
Former Kaufland And Minimax Managers Put In Charge Of Penny Market
Retailer Penny Market appointed two managers, Simon Hamersky and Daniel Gross, to oversee the development of the discount store chains Penny Market and Penny Market XXL on the local market....
Lidl And Penny, The Only Two Retailers Left To Fight Price Battle
Lidl and Penny Market, the only two companies left on the local discount retail market, will have over 300 stores by yearend, 45 more than at the beginning of 2012. The two networks, which o...
Penny Market CEO Quits After Driving Revenue To Over EUR400m
Frank Wagner, chief executive officer of discount retail chain Penny Market, part of Germany’s Rewe group, has quit his position after two years. Revenue went up to more than EUR400 million...
Rewe Opens Its 126th Penny Market Store In Romania
German discount retailer Rewe on Thursday said it has opened its 126th store under the Penny Market brand in Aiud, Alba, central-western Romania, bringing its local network to a total 132 un...