Penny Market
Encyclopedia
Penny Market is a discount
supermarket
chain based in Germany
, which operates 3,000 stores in Europe
. It is owned by Rewe Group
.
REWE Group
, Billa, Selgros
Discounts and allowances
Discounts and allowances are reductions to a basic price of goods or services.They can occur anywhere in the distribution channel, modifying either the manufacturer's list price , the retail price , or the list price Discounts and allowances are reductions to a basic price of goods or services.They...
supermarket
Supermarket
A supermarket, a form of grocery store, is a self-service store offering a wide variety of food and household merchandise, organized into departments...
chain based in Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
, which operates 3,000 stores in Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
. It is owned by Rewe Group
REWE Group
REWE Group is a diversified retail and tourism group based in Germany. Its current turnover is around 50.91 billion euros. It operates in 14 European countries and employs over 325,000 people in its trading and travel divisions.- Trading :...
.
Competitors
- AldiALDIALDI Einkauf GmbH & Co. oHG, doing business as ', short for "Albrecht Discount", is a discount supermarket chain based in Germany...
(8,210 stores) - LidlLidlLidl is a discount supermarket chain based in Germany that operates over 7,200 stores across Europe. The company's full name is Lidl Stiftung & Co. KG...
(8,000 stores) - NettoNetto (store)Netto is a Danish discount supermarket operating in several European countries. Netto is owned by Dansk Supermarked Group, which in turn is partly owned by A.P. Møller-Mærsk Group.Netto also operates an express version of the store, known as Døgn Netto...
(1,200 stores) - PlusPlus (supermarket)Plus was a German supermarket chain founded in 1972. It operated 2,840 stores in Germany with an approximate 27,000 employees and about 1,200 stores in several other European countries...
(4,000 stores)
See also
REWE Group
REWE Group is a diversified retail and tourism group based in Germany. Its current turnover is around 50.91 billion euros. It operates in 14 European countries and employs over 325,000 people in its trading and travel divisions.- Trading :...
, Billa, Selgros
Selgros
Selgros is the second largest Cash & Carry company in Europe. It is owned by Rewe Group and Otto Group .-Fegro/Selgros in Europe:-Selgros in Romania:...