GiFi
French discount store
From Wikipedia, the free encyclopedia
GiFi (phonetic abbreviation of its founder's name, Ginestet Philippe) 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]
In December 2025, the chain announced the closure of its 32 stores in Switzerland, with 14 set to be taken over by the rival group Maxi Bazar.[3][4][5]
