Penny () or internationally Penny Market (in Bavaria and Austria Penny Markt) is a German discount supermarket chain based in Germany, which operates 3,550 stores. The market was founded by Leibbrand Gruppe in 1973; since 1989, it has been fully owned by the Rewe Group.
In France, the chain was bought in 2005 by the Ed brand of the Carrefour group. In 2010, it operated approximately 3,000 stores across 6 countries in Europe. As of May 2014, Penny was present in Germany, Austria, Bulgaria, Hungary, Italy, Czech Republic and Romania, with Turkey soon to come. After taking over 7 stores in Liguria from Tuodì in October 2017 for €9.2 million, it is present in Italy with 357 points of sale distributed in 17 regions, served by 7 distribution centers.
Operations Country Number of stores Austria 290 Czech Republic 441 Germany 2,250 Hungary 233 Italy 365 Romania 416
Penny Market exited the Bulgarian market on October 31, 2015.
See also REWE Group Billa Selgros Aldi Lidl
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Penny (archived) Penny Germany Penny Markt Austria Penny Market Italy Penny Market Hungary Penny Market Czech Republic Penny Market Romania