Penny: latest retail news, insights and analysis | ESM Magazine

REWE Group Posts Sales Growth Of 8.9% In FY 2023

German retail group REWE has reported sales growth of 8.9% to €92.3 billion in its financial year 2023.

'True Cost' Campaign Creates Awareness About Environmental Impact Costs, Penny Says

Penny's Wahren Kosten [True Cost] campaign succeeded in drawing "widespread attention" to the issue of environmental costs and has contributed to...

Romania Launches New Deposit Return Scheme To Boost Recycling

A new programme aiming to boost the recycling and collection of seven billion drink containers has kicked off in Romania.

REWE Group Places Sustainability-Linked Bond Issue

REWE Group has placed a sustainability-linked bond (SLB) issue, with the repayment amount linked to sustainability goals achieved by REWE and Penny.

Penny Launches Campaign To Highlight 'True Cost' Of Products

German retailer Penny has launched a week-long campaign highlighting the 'true cost' of products, in association with the Technical University of Nuremberg...

Germany's Penny Commits To Regional Fruit And Vegetables

German discount retailer Penny has announced it is creating its own overarching regional brand, 'Marktliebe Regional', to underpin its commitment to locall...