Fnac

Fnac (acronym for Fédération Nationale d'Achats des Cadres, 'National Federation of Executive Buying') is a French company, subsidiary of Groupe Fnac Darty, specializing in the sale of electronic items, computers, photographic items, books, music and video. It also offers Internet sales and is one of the pioneering groups in this format in its country of origin.

The company has 44 subsidiaries spread across Belgium, Italy, Greece, Spain, Portugal, Brazil, Morocco, Taiwan and France, where it is headquartered and has 67 stores in a total of 65 cities.

The international director of the company is Enrique Martínez.

History

The Federation Nationale d'Achats ('National Federation of Purchasing') was a small club in Paris that sold photographic material at a reasonable price. It was established in October 1954 by Max Théret (1913-2009) and André Essel (1918-2005), who wanted to capitalize on their love of photography. In 1966 they expanded their business to non-members, opening the first public store. From then on, records, televisions, radios, etc. would be added. and it would be renamed Fédération Nationale d'Achats des Cadres, that is, sale of products for people in executive positions of companies.

After the first Fnac at 4 boulevard de Sébastopol, came the second at 17 avenue de Wagram in 1969. By 1970, the main shareholders were Paribas and UAP. Between that year and 1983, Louis Kaluszyner was general director of Fnac. Fnac's expansion outside of Paris began in 1972 with the opening of the first store in Lyon. Two years later they started selling books. In 1980, FNAC went public and began its expansion outside of France.

In 1994 it was bought by the conglomerate of companies PPR (now Kering), which includes luxury brands such as Balenciaga, Gucci and Yves Saint Laurent.

International expansion

The establishment of Fnac outside of France, specifically in Belgium, began in 1981 with the opening of the Brussels store. The same year, Max Théret left Fnac. Two years later, André Essel was replaced at the helm of Fnac by Roger Kerinec.

Figures a day 15 October 2021

Country	Warehouses (n.o)	First warehouse	Website
France	141 warehouses (88 own and 53 franchises)	1957 in Paris	fnac.com
SpainSpain	35 warehouses	1993 in Madrid	fnac.es
Portugal	34 warehouses	1998 in Lisbon	fnac.pt
SwitzerlandSwitzerland	22 warehouses (13 of them in association with Manor)	2000 in Geneva	fnac.ch
BelgiumBelgium	13 warehouses	1981 in Brussels	fnac.be
Meeting	6 warehouses (franching)	2016-2017 à Saint-Pierre	fnac.re
Ivory CoastIvory Coast	2 warehouses (franching)	2015 in Abidjan
MoroccoMorocco	2 warehouses (franching)	2011 in Casablanca
QatarQatar	2 warehouses (franching)	2015 in Doha	fnac.qa
AndorraAndorra	2 warehouses (franching)	2016 in Andorra la Vieja	fnac-andorra.com
TunisiaTunisia	2 warehouses (franching)	2018 in Tunisia City	fnac.tn
CameroonCameroon	1 warehouse (franching)	2017 at Duala
Republic of the CongoRepublic of the Congo	1 warehouse (franching)	2017 in Brazzaville
New Caledonia	1 warehouse	2018 in Nouméa
LuxembourgLuxembourg	1 warehouse	2019 in Luxembourg-Ville	fnac.be/luxembourg
MartiniqueMartinique	1 warehouse	2019 en Lamentin
Total:	266 warehouses (70 franchise)

Fnac Spain

Currently (2021), Fnac Spain has 38 physical stores distributed as follows:

• Spain: 37
  • Andalusia (4): Granada, Malaga, Marbella and Seville.
  • Aragon (2): Zaragoza (2).
  • Asturias (1): Siero.
  • Balearic Islands (1): Palma de Mallorca.
  • Castilla y León (1): Valladolid.
  • Catalonia (7): Barcelona (5), Cornellá de Llobregat and Gerona.
  • Galicia (2): The Coruña and Vigo.
  • Community of Madrid (9): Madrid (5), Leganés, Majadahonda, San Sebastián de los Reyes and Torrejón de Ardoz.
  • Region of Murcia (1): Murcia.
  • Navarra (2): Pamplona (2).
  • Basque Country (3): Bilbao, Vitoria and San Sebastián.
  • Valencian Community (5): Valencia (2), Alicante, Castellón de la Plana and Aldaya.

Its headquarters in Spain are in Pozuelo de Alarcón, in the province of Madrid.

In 2013 it was one of the first companies in Spain to carry out a Black Friday campaign.

Callao Building

Fnac Callao Building (Madrid, Spain); before, Preciados Galleries.

Contrary to what it may seem, Fnac does not occupy the entire building, since part of it is reserved as offices that have been occupied by insurers such as Reale and official organizations. Access to the office area is through the door that leads to the Plaza del Callao.

Next to the dome, after the reform of the building, several images were placed, among which a giant King Kong doll stood out. It had to be removed by order of the Madrid City Council as it affected the stability of the building.

Fnac Services

Fnac specializes in electronics, books, music and video games, although it also has additional services such as a cafeteria or a newsstand. It allows customers to browse the books freely: seats have even been set up for this in the children's area.

On the other hand, a membership program is also available by card or card, with discounts on some items and product financing. It also provides benefits at third-party companies, such as Cinesa chain cinemas.

Since the inauguration of its first headquarters in Madrid, Fnac reserves a space in several of its buildings that it calls the Forum, where literary events, workshops, concerts, talks and audiovisual projections are held, among others.