Groupe Fnac Darty, formerly Groupe Fnac S.A., is a multinational retail company headquartered in Ivry-sur-Seine, France. It took its current name after acquiring Darty plc (formerly Kesa Electricals plc and Darty Limited) in 2016.
History
Fnac
Darty
In 1957, the Darty family – the father and his three sons, Natan, Marcel and Bernard – managed a small store of textiles. The Darty brothers started to sell stock and, to attract customers, they left the goods on the pavement. Within a few days, the stock was sold. In 1967, the Darty brothers transferred to a larger warehouse.
In 1988, the company proceeded with the repurchase of the business by its employees through a management buyout. The operation was a success, since 90 per cent of employees participated, taking control of 56 per cent of the capital. By the end of 1988, Darty had opened its 100th store.[2] In 1993, Darty was acquired by Kingfisher plc, which integrated Darty and