As of 2023, Printemps operates twenty stores in France (including three in Paris), as well as one international location in Doha, Qatar.
The store marked items with set prices and eschewed the haggling based on customer appearance that had previously been standard in retail shopping.
They also pioneered the idea of discount sales to clear outdated stock, and later the use of window models to display the latest fashions.
Printemps was noted for its branding innovations as well, handing out bouquets of violets on the first day of spring and championing the new Art Nouveau style, with its nature inspired motifs.
[4] Also in 1904 a near collapse of the business led to the resignation of Jules Jaluzot with this he was succeeded by Gustave Laguionie, who announced the construction of a second store in 1905.
The oil-price driven French economic crisis of the early 1970s significantly threatened Printemps business model, in response the firm was transformed into a limited corporation with a controlling interest acquired by Maus Fréres, a Swiss holding company.
During the 1970s Jean-Jacques Delort led the company on a turnaround strategy creating specialty stores and brands (such as Armand Thierry clothing) and branching out into different areas such as food and mail.
[13] Printemps expanded to Singapore with its first store located at the ground floor of the newly built Le Méridien Hotel on Orchard Road.
[14] Owned by Town & City Properties Ltd,[15] the store opened on 8 September 1983[15] and closed on 24 December 1989 with 65 of its staff being retrenched.
[17] Printemps expanded to Malaysia under an exclusive 25-year franchise agreement[18] with Larut Tin Fields Berhad[19] through its subsidiary City Chemist Holdings.
[25] In 1991 Printemps and its subsidiaries were acquired by François Pinault and merged with other holdings into Pinault-Printemps-Redoute (PPR, was renamed Kering in 2013).
[33]In 2006 Printemps was sold to the Italian Borletti Group (with equity partner Deutsche Bank), they then made major investments to revamp stores.
[34][35] On 16 December 2008, the Paris department store Printemps Haussmann was evacuated following a bomb threat from the terrorist group FRA (Afghan Revolutionary Front).
[49] In 2020 due to the COVID-19 Pandemic it was announced that four Printemps stores would close (Le Havre, Strasbourg, Metz & Place d'Italie).
The integration of Binance Pay and Lyzi will allow Printemps customers in France to use secure and flexible payment options across its 20 stores.
Emmanuel Suissa, Chief Partnership Officer at Printemps, expressed pride in being the first department store network in France to accept crypto payments, both for local and international customers.