Bim_(company)

BİM Birleşik Mağazalar A.Ş.
Company typeAnonim Şirket
BİST: BIMAS
IndustryDiscount store
Founded1995; 29 years ago (1995)
Headquarters
Turkey
Number of locations
7438 shops (Turkey)[1]
628 shops (Morocco)[2]
320 shops (Egypt)[3]
Area served
Turkey - Morocco - Egypt
Key people
Mustafa Latif Topbaş (Chairman)
ProductsBasic food items and consumer goods
Increase ₺20.072 million (2016)[4]
Number of employees
37,439 (2016)[5]
SubsidiariesFile
Websitebim.com.tr

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.

Business and activities

Bim A.Ş. was founded in 1995[6] 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.[7] At the beginning BİM had only 21 stores, but it expanded thoroughly and by the end of 2015 it counted 4972[8] and 2019, 7438 stores [6] 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,[9] and they are viewed as a competition to the many independent neighborhood stores. The business model is inspired by the German discounter ALDI.[7]

It also operates 687 stores in Morocco[6] and 300 in Egypt.[6] In 2005 44.12% of its shares were offered to the public.[10]

References

  1. ^ "Bim".
  2. ^ "Bim".
  3. ^ "Bim".
  4. ^ "Report" (PDF). www.bim.com.tr. 2015. Retrieved 2019-08-11.
  5. ^ "Şirket çalışanlarının sayısı" (PDF).
  6. ^ a b c d "Bim A.Ş. > Welcome..." english.bim.com.tr. Retrieved 2020-08-31.
  7. ^ a b "BIM rings the changes for Turkey's shoppers". www.ft.com. 2010-10-05. Retrieved 2020-08-31.
  8. ^ BİM Records Growth Of 21% For 2015European Supermarket Magazine Retrieved 2016-03-13
  9. ^ "Bim A.Ş. | Frequently Asked Questions". english.bim.com.tr. Retrieved 2015-10-03.
  10. ^ "Untitled Document". Archived from the original on 2015-10-04. Retrieved 2014-06-29.