BIM news

09 May 2013
Turkey-based discounter BIM has announced first quarter results saying that sales had risen by 15.1% to TRY2.8 billion (US$ 1.6 billion). Average basket size grows BIM said that like-for-like sales increased 5.8%, while the average basket edged up 1.8% to TRY10.98 (US$6.08), underlining how the retailer continues to advance its performance in the market. Store growth aids sales developme...
10 April 2013
Turkey-based BIM has opened its first store in Egypt according to reports, marking its entry into the country. 2013 to see further expansion for BIM The retailer has previously stated that it aims to operate 14 stores in the greater Cairo by the end of April and 30 by the end of 2013. In the medium term BIM will look to expand into Alexandria and other population centres of the Nile delta...
07 March 2013
BIMcell, the mobile communications brand of BIM, has reached 250,000 subscribers within nine months of launch in March 2012. The service offers prepaid calling services in Turkey and 97% network coverage across the country. BIMcell enjoys growth but is a small operator in the wider market Other competitors include Turkcell, Vodafone (previously Telsim) and Avea. BIMcell is the most recent m...
06 March 2013
Turkey-based BIM has revealed that net sales rose by 21%, reaching TRY9.9 billion for its 2012 full year. The company’s pace of sales growth slowed during its fourth quarter, relative to the full year, reaching 16%. Company maintains strategy in Turkey In 2012, BIM continued to build its store portfolio, adding 366, against a target of 400, to reach 3,655. BIM also said that during the ye...