Fnac, a privately owned company headquartered in France, was founded in 1954 by André Essel and Max Théret and employs approximately 9,450 individuals. The company specializes as a multinational retail chain for entertainment media and consumer electronics. Its name is an abbreviation of Fédération Nationale d'Achats des Cadres, which translates to "National Purchasing Federation for Executives." In 2016, Fnac merged with Darty to form Groupe Fnac Darty.
