Czech Republic: Penny market leader within 25 years
Discount Retail Chain Penny Czech Republic (owned by the German REWE Group) has expanded to market leadership, opening 400 stores in the...
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- Jul 17
- 4 min
Hungary: Penny's multi-million rebranding process is taking place
Discount Retail Chain Penny Hungary (owned by the German REWE Group) faces big challenges with increases in food price and special tax,...
- Jan 9
- 2 min
Romania: Penny investment of 26 million euros in fourth logistics warehouse
Discount Retail Chain PENNY Romania (owned by the German REWE Group) has opened a standardized and modern warehouse in Filia and Dolj...
- Jan 9
- 2 min
Romania: Penny is growing
Discount Retail Chain PENNY Romania (owned by the German REWE Group) opened 25 new stores this year, exceeding the threshold of 300...
- Nov 28, 2021
- 5 min
Hungary: Penny reflects on its German retail chain’s 25th anniversary
Discount Retail Chain Penny (owned by the REWE Group) is celebrating 25 years in Hungary. How has the business changed in that time?...
- Oct 11, 2021
- 2 min
Romania: PENNY opens two stores, and its network reaches 288 units
Discount Retail Chain PENNY (owned by the German REWE Group) continues its expansion plan in Romania by opening two new stores: one in...
- Aug 18, 2021
- 1 min
Germany: Penny delivers groceries straight to your home
Discount Retail Chain Penny (owned by REWE Group) will deliver groceries directly to your home. Up until now, it has not been possible to...
- Jun 4, 2021
- 2 min
Hungary: Lidl has reached the No.1 spot!
Discount Retail Chain Lidl Hungary (owned by the German Schwarz Gruppe) beat everyone in 2020 and irrespective of the fact whether one...
- May 26, 2021
- 2 min
Germany: Penny starts new super discounter format
Discount retail chain Penny (owned by the German REWE Group) wants to get more market shares from Aldi and Lidl. To this end, the company...
- May 14, 2021
- 3 min
Romania: 19% increase in turnover, and a 54% increase in profit in 2020 for Penny
Discount Retail Chain PENNY Romania (owned by the German REWE Group), ended last year with a turnover of 4.73 billion lei (US$ 1.2...
- Apr 23, 2021
- 2 min
Research: Discounters may soon dominate the European FMCG market
According to new research by IGD an analytical company providing information and forecasts for the global retail grocery trade the...
- Apr 20, 2021
- 4 min
Germany: REWE Group for the first time with a turnover of over USD 90 billion
German Retail Chain REWE Group (owner of Discount Retail Chain Penny) achieved total external sales of 75.3 billion euros (US$90Bn) for...
- Mar 12, 2021
- 2 min
Romania: Penny's new green store
Discount Retail Chain PENNY (owned by REWE Group) opened store in Otopeni has a very special roof: approximately 40% is covered with...
- Mar 8, 2021
- 3 min
Germany: Quality at a low price is moving back into the focus of customers
German discount retail chains are expanding their presence in Eastern Europe. Value for money, trust in the retailer brand and an...
- Feb 23, 2021
- 1 min
Germany: REWE Group is the second largest food retail group in Europe
REWE Group (also owned of the discount retail chain Penny) has cracked the 75 billion euro (US$ 91billion) mark for the first time. The...
- Feb 13, 2021
- 5 min
Germany: Penny positions 'Naturgut' as its own organic private label brand
Discount Retail Chain Penny Germany (owned by German REWE Group) sharpens its organic range, Penny wants to score points with...