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PENNY

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Penny Ends 2020 with 20 New Stores, Same as Last Year
Retail&Consumer

Penny Ends 2020 with 20 New Stores, Same as Last Year

German-held discount store chain Penny has opened 20 stores this year without closing any in Romania. The company expanded at the same pace it announced a while ago and will continue do so i...

Loredana Frățilă-Cristescu · 21.12.2020 · 10:53 · 1 min
Penny Market: Investment Budget Unchanged For Now
Retail&Consumer

Penny Market: Investment Budget Unchanged For Now

Discount retail chain Penny Market has not changed its investment strategy amid the pandemic, but it might happen, and the decision will depend on the number of new coronavirus cases, on the...

Loredana Frățilă-Cristescu · 01.04.2020 · 09:49 · 1 min
Penny Market Set to Open 20-25 Stores in 2019
Retail&Consumer

Penny Market Set to Open 20-25 Stores in 2019

German–held discount store chain Penny Market will expand the network by 20 to 25 units this year and prepare a logistics investment in the southern Romania region of Oltenia.

Loredana Frățilă-Cristescu · 12.02.2019 · 09:00 · 1 min
Private Labels Account For 30% Of Penny Market Sales In Romania
Retail&Consumer

Private Labels Account For 30% Of Penny Market Sales In Romania

Private label products of discount retailer Penny Market, controlled by German group Rewe, account for 28-30% of the company’s total sales, said Daniel Gross, Rewe Romania general manager.

Gabriela Stan · 27.01.2017 · 15:41 · 1 min
Penny Market Opens New Store, Reaches 176-Unit Network In Romania
Retail&Consumer

Penny Market Opens New Store, Reaches 176-Unit Network In Romania

German discount retailer Penny Market opened a store in the town of Campeni (in central county of Alba), reaching 176 units in Romania.

Ecaterina Craciun · 08.06.2016 · 15:08 · 1 min
Penny Opens Five New Stores By Yearend, Reaches 173 Units In Romania
Retail&Consumer

Penny Opens Five New Stores By Yearend, Reaches 173 Units In Romania

Retailer Rewe Romania will open five Penny Market stores by the end of the year, thus reaching a network of 173 stores in Romania, ten more compared with the end of last year.

Gabriela Stan · 23.12.2015 · 12:29 · 1 min
Rewe To Focus On Penny Network In Romania After Sale Of Billa To Carrefour
Retail&Consumer

Rewe To Focus On Penny Network In Romania After Sale Of Billa To Carrefour

German retail group Rewe will focus on Penny discount stores in Romania after it agreed to sell supermarket chain Billa Romania to Carrefour, according to Frank Hensel, Rewe International ge...

Gabriela Stan · 22.12.2015 · 12:39 · 1 min
Penny Market Opens Two New Stores, Reaches 157 Romanian Stores
Retail&Consumer

Penny Market Opens Two New Stores, Reaches 157 Romanian Stores

Rewe Romania, the local division of German discount retailer REWE, will open two new Penny Market stores Wednesday, in Hunedoara and Teius (Alba county) reaching 157 stores in Romania, the r...

Gabriela Stan · 02.12.2014 · 12:43 · 1 min
Penny Boss Leaves After Only One Year
Retail&Consumer

Penny Boss Leaves After Only One Year

Christian Beck, who was appointed chief executive officer of Rewe Romania, the owner of the Penny Market and XXL Mega Discount store chains, at the beginning of 2013 has left the company aft...

Loredana Frățilă-Cristescu · 26.05.2014 · 00:00 · 1 min