CECONOMY is a German retail conglomerate headquartered in Düsseldorf. It was established in 2017, following a demerger from Metro AG, and operates under the consumer electronics brands MediaMarkt and Saturn. The company has a rich history, with the roots dating back to the founding of MediaMarkt in 1979 and Saturn in 1961.

CECONOMY's headquarters, known as the Ceconomy-Haus, is located in Düsseldorf, Germany. This modern and innovative building serves as the central hub for the company's management and administration. As a leading consumer electronics retailer, CECONOMY offers a wide range of products including smartphones, laptops, televisions, gaming consoles, household appliances, and home entertainment systems.

Its MediaMarkt and Saturn stores are known for their comprehensive product selection and competitive pricing. The company also provides various additional services such as installation, maintenance, and repair support. CECONOMY operates on a global scale with over 1,000 stores across Europe, Asia, and Africa.

It has a significant presence in countries such as Germany, Switzerland, Spain, Italy, Turkey, and Russia. The company also has a strong online presence, with e-commerce platforms that cater to customers worldwide. CECONOMY has several noteworthy subsidiaries, joint ventures, and partnerships.

For example, the company has a joint venture with Foxconn Technology Group to develop and sell smart home devices and appliances. CECONOMY also has partnerships with major brands like Apple and Microsoft, enabling it to offer exclusive products and services. In terms of market position, CECONOMY is one of the largest consumer electronics retailers globally.

It has a strong presence in both physical stores and online channels. However, the company faces tough competition from other global players like Best Buy and Amazon. To stay competitive, CECONOMY continuously focuses on customer service, expanding its product range, and investing in digital transformation.

In recent years, CECONOMY underwent significant changes in its strategy and product lineup. The company has been actively investing in digitalization, optimizing its supply chain, and enhancing its online platforms. It has also expanded its product range to include new categories such as smart home devices, wearables, and personal care products.

As of the latest update, CECONOMY continues to navigate the challenges posed by the COVID-19 pandemic. The company has implemented safety measures in its stores and accelerated its online operations to meet the changing consumer demands. Despite the ongoing uncertainties, CECONOMY remains committed to providing innovative products and excellent customer service