BİM Birleşik Mağazalar A.Ş. (BİM for short) is a Turkish retail company, known for offering a limited range of basic food items and consumer goods at competitive prices. Bim were the pioneers of this discount store model in Turkey.
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| Company type | Anonim Şirket |
|---|---|
| BİST: BIMAS | |
| Industry | Discount store |
| Founded | 1995 |
| Headquarters | |
Number of locations | 12.482 shops (Turkey)[1] 687 shops (Morocco)[1] 356 shops (Egypt)[1] |
Area served | Turkey - Morocco - Egypt |
Key people | Mustafa Latif Topbaş (Chairman) |
| Products | Basic food items and consumer goods |
| Revenue | US$11.53 billion (2023)[2] |
| US$139.10 million (2023) | |
| US$542.54 million (2023) | |
| Total assets | US$6.59 billion (2023) |
| Total equity | US$3.10 billion (2023) |
Number of employees | 86.647 (2023)[2] |
| Subsidiaries | File |
| Website | bim |
Business and activities
editBim A.Ş. was founded in 1995[3] by a group of investors around Cuneyd Zapsu. Zapsu sold his shares to the investment bank Merrill Lynch in 2000. Today, the main shareholder is Mustafa Latif Topbaş.[4] At the beginning, BİM had only 21 stores, but it expanded thoroughly and by the end of 2015 it counted 4972[5] and 2019, 7438 stores [3] by the third quarter of 2021, the company operated 10.330 stores. BİM does not offer franchises, all stores are owned and operated by the company itself,[6] and they are viewed as a competition to the many independent neighborhood stores. The business model is inspired by the German discounter ALDI.[4]
It also operates 733 stores in Morocco[3] and 300 in Egypt.[3] In 2005 44.12% of its shares were offered to the public.[7]
References
edit- ^ a b c "Bim".
- ^ a b "Şirket çalışanlarının sayısı" (PDF).
- ^ a b c d "Bim A.Ş. > Welcome..." english.bim.com.tr. Retrieved 2020-08-31.
- ^ a b "BIM rings the changes for Turkey's shoppers". www.ft.com. 2010-10-05. Retrieved 2020-08-31.
- ^ BİM Records Growth Of 21% For 2015European Supermarket Magazine Retrieved 2016-03-13
- ^ "Bim A.Ş. | Frequently Asked Questions". english.bim.com.tr. Retrieved 2015-10-03.
- ^ "Untitled Document". Archived from the original on 2015-10-04. Retrieved 2014-06-29.