Find out about the retailer's strategic priorities, commercial focus areas, channel and country presence.

See data on the retailer’s performance and forecasts for its operations by channel.

Insights

We spent a day with Migros visiting the retailer’s stores across multiple formats in Istanbul.

This in-depth guide to Turkey explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

Central and Eastern Europe is a region that illustrates great growth potential for both retailers and suppliers. The region also presents opportunity for retailers to evolve their business model to widen their shopper base and draw more traffic to their stores.

Latest News
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In 2018 Alibaba and Amazon entered the Turkish market. The former made a strategic investment in a local ecommerce retailer, while the latter launched a dedicated website for its service in Turkey. This marked a paradigm shift for the online channel in Turkey, encouraging retailers like CarrefourSA and Migros Turk to invest to expand their digital presence.

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Three of Turkey’s leading six grocery retailers, BIM, Migros Turk and Sok, reported sales growth rates between 25% and 40% for the first half of 2019. This is above the market’s 15% increase for the year that IGD estimates. These retailers managed to grow above the 15.7% price inflation, as reported by the Central Bank of Turkey, due to their strong store expansion, with all the retailers addi...
Turkey’s Agricultural Credit Cooperative or Tarimsal Kredi Kooperatifi (TKK) will sell fruits and vegetables to national retailers. A101, BIM, Carrefour, Migros and Sok will buy agriculture produce from the TKK at no margin and are obliged to sell them on at the same price of purchase. This is to help subdue food price inflation, which reached over 30% in January 2019. This is part of tanzim s...
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 ...

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