Bizim news

21 March 2019
BIM, A101 and Sok were the fastest growing leading Turkish retailers in 2018. The discounters were able to grow dynamically in a high inflation economy, at a rate of between 10% and 25%. Whereas, multi-channel retailer, Migros has improved its profitability. BIM, A101 and Sok lead growth because they are in the best position to offset inflation The three retailers have a high share of ...
29 September 2016
We round up the results from Turkish retailers for the first half of 2016, including performance and highlights from BIM, Migros, Bizim Toptan, Adese and Uyum. Despite the continued growth of most retailers, some face profitability challenges. Migros growth overtakes BIM... In 2015, BIM grew faster than Migros; although for the first half of 2016, performance tells a different story: I...
29 June 2016
Discounter A101 is set to acquire Çağrı, while Bizim Toptan has appointed a new CFO. A101 to acquire Çağrı According to local reports, A101 is to acquire the Istanbul-based Çağrı chain, which operates around 45 compact hypermarkets, neighbourhood stores and discount stores. The deal is subject to approval from local competition authorities. Consolidation continues The latest develo...
14 March 2016
We round up the 2015 results from BIM, Migros, CarrefourSA, Bizim Toptan, Adese & Uyum where despite sales growth, many retailers face profitability challenges. BIM & Migros enjoy double digit sales growth Turkey's BIM has revealed its 2015 results, reporting that net sales increased by 21% to TRY 17.4bn (€5.4bn) and like-for-like sales increased by 10.8%. Net income increased by 48% ...