en GiFi - 2024

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GiFi is a French discount store chain with nearly 500 stores, mostly in France.

History

It was founded in 1981 by Philippe Ginestet, who is the owner and chairman.^[1] His son Alexandre is the CEO.^[1]

In 1986, GiFi had nine stores in southwestern France and shifted from discount retail to a low-price model. In 1988, it established a purchasing center and began sourcing from Asia.^[2]

In 2017, GiFi bought French discount chain Tati.^[1]

GiFi has an annual turnover of US$1.6 billion.^[1]

References

^ ^a ^b ^c ^d "Forbes profile: Philippe Ginestet". Forbes. Retrieved 4 November 2019.
^ Baqué, Philippe (2021-06-01). "GiFi ou le triomphe de la pacotille". Le Monde diplomatique (in French). Retrieved 2024-10-24.

External links

Media related to Gifi at Wikimedia Commons

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