Results 1 - 25 from 52 for "penny market"
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Penny Market Posts 53% Growth in Net Profit in Romania in 2019
06.15.2020
German-owned discount retail chain Penny Market reported a turnover of RON3.96 billion for 2019, up 15% on the year, while its net profit grew 53%, to RON55.15 million. more
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Penny Market Earmarks EUR90M For Investments In 2020
02.05.2020
German-held discount retailer Penny Market will invest EUR90 million in network and logistics area expansion this year. The company will therefore continue development of its business in Romania, more
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Private Labels Now Account for Over 25% of Penny Market’s Sales
11.22.2019
Boni, Gran Mare and Hanul Boieresc and other private labels contributed more than one quarter of the sales of German discount store chain Penny Market. They contributed more than 900 million out of more
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Private Labels Account for a Quarter of Penny Market Sales
09.03.2019
Private labels such as Penny, Boni and Hanul Boieresc generate more than one quarter of the sales of the retail chain Penny Market, but the target its to have them account for 35% of the sales. more
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Penny Market Set to Preserve Double-Digit Growth Rate in 2019
07.17.2019
Discount store chain Penny Market has more than 240 stores in Romania and continues expansion at a rate of 20 to 25 stores a year. more
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REWE Romania Seeks to Double Network in 7 Years, Invest EUR500M Locally
05.09.2019
REWE Romania, which operates discount store chain Penny Market, plans to double its number of stores locally in the next seven years and to invest EUR500 million in development, company general more
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Penny Market Opens New Store, Reaches 238 Units In Romania
05.08.2019
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Penny Market: Over 70% of Products on Shelves Sourced from Romanian Suppliers
05.08.2019
Discount store chain Penny Market, which has about 240 stores in Romania, works with over 450 suppliers in the country to secure more than 70% of the products on shelves. more
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Penny Market to Invest RON2.3B in Romania by 2025
04.17.2019
German-held discount store chain Penny Market invested 346 million lei (EUR72 million) last year, directing the money to the opening of 15 new stores, remodeling of already existing ones to the future more
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Gross, Penny Market: We Have 20-25 Store Openings Budgeted For 2019
01.18.2019
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 Market more
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Penny Market: We Plan To Open Our Fourth Logistics Center In Romania
05.02.2018
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. more
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Penny Market Eyes 13% Higher Turnover In 2018, Of Nearly RON3.3B
04.18.2018
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. more
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Penny Market Budgets 20-25 New Stores In 2018
01.16.2018
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. more
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PENNY Market Opens Three New Stores In October, Reaches 212 Unit-Network
10.17.2017
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Penny Market Expects Sales Growth To More Than RON3B in 2017
10.11.2017
Discount store chain Penny Market will see more than 3 billion lei (EUR656 million) sales in 2017, up about 8% on 2016. more
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Rewe Completes Remodeling Of XXL Mega Discount Stores Under Penny Market Format
08.30.2017
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Rewe Remodels 30 Penny Market Stores In 2Q/2017
08.16.2017
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Penny Market Takes Over Billa Store After Transfer Operated By French Carrefour
06.19.2017
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 Competition more
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Lidl Buys Two Stores From Penny Market In EUR6M-EUR8M Deal
05.11.2017
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 eight XXL more
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Penny Market Revenue Up To EUR675M In 2016
04.03.2017
Discount store chain Penny Market, part of Germany’s Rewe Group, ended last year with a 12.5% increase in revenue to almost EUR675 million, ZF has calculated based on Rewe’s latest report. more
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Penny Market Invests EUR19M In Third Logistic Center In Romania
03.30.2017
Discount retailer Penny Market, controlled by German group Rewe, opened its third logistic center in Bacau county, eastern Romania, following investments of over EUR19 million. more
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Penny Market Set To Double Network In Romania To 400 Stores
01.20.2017
Penny Market will open 20-25 new stores and remodel and rebrand six XXL Mega Discount stores into Penny Market, says Daniel Gross, the Romanian executive in charge of Penny Market. more
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Penny Market To Invest EUR70-80M In Romanian Network Expansion In 2017
01.18.2017
Discount retailer Penny Market, controlled by German group Rewe, will open 20-25 new stores this year, following investments of EUR70 – 80 million, according to Daniel Gross, Rewe Romania managing more
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Penny Market Steps Up Expansion In December, Reaches 200 Stores
12.18.2016
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Penny Market Builds Its Third Logistics Center In Romania, In EUR19M Investment
05.09.2016
Penny Market, part of REWE Group, started the development of its third logistics center in Romania, near the town of Bacau (eastern Romania), and the total value of investment for the purchase of the more