ŞOK Marketler Ticaret A.Ş. is a discount market chain based in Turkey. It was founded by Migros in 1995 and was acquired by a consortium led by Gözde Girişim, one of Yıldız Holding companies, in August 2011. It is headquartered in Üsküdar district of Istanbul.
 | |
| Company type | Anonim Şirket |
|---|---|
| BİST: SOKM | |
| Industry | Discount store |
| Founded | 1995 |
| Headquarters | , |
Area served | Turkey |
Key people | Uğur Demirel (Chairman) |
| Products | Basic food items and consumer goods |
| Revenue | 4.7 billion USD (2023) |
| 191 million USD (2023) | |
| Total assets | 2.1 billion USD (2024) |
| Total equity | 869 million USD (2023) |
Number of employees | 46.796 (2023) |
| Website | sokmarket |
History
editŞOK Marketler Ticaret A.Ş. started its operations in 1995 by opening 13 stores.[1] The aim was to establish a widespread network of small-sized stores that were cheap and low-cost, and to employ fewer personnel and reduce costs with the features of the shelving system.
The company decided to grow again in 2015 and reached 4,000 branches according to data dated December 30, 2016.[2] It entered the internet industry in 2021 and founded Şok Net.[3]
References
edit- ^ "Migros Basın Açıklaması". Archived from the original on 15 November 2016. Retrieved 15 November 2016.
- ^ "Şok Market, 4.000'inci mağazasını dün Ümraniye'de açtı". Archived from the original on 1 January 2017. Retrieved 2 January 2017.
- ^ "Şok market internet satacak". Archived from the original on 15 September 2021. Retrieved 15 September 2021.