Panda

LOCATION:
Location: 
Saudi Arabia
AREAS OF BUSINESS:
Area of Business: 
Retail
SECTORS:
Sectors: 
Food
NUMBER OF EMPLOYEES:
Number of Employees: 
+21,000

 

Overview

Overview: 

Panda Retail Company was founded in 1978, and is 92% owned by Savola forming the food retailing arm of theٍ Savola Group. It is one of the most important organizations in the retail sector in Saudi Arabia, operating a network of hypermarkets, supermarkets and convenience stores in the Kingdom and has entered the Dubai retail scene. Following the additional of 161 new stores opened or acquired during an exciting expansion plan in 2014, and in its own right is considered to be one of the largest Saudi joint-stock companies in the Kingdom of Saudi Arabia. Of particular note is that Panda helped found the Saudi Institute for Retail Sales and Marketing.



Fact

Fact: 

Saudi’s fast-growing population – at 2.9 per cent a year – means that an overwhelming proportion is made up by young people, the main consumers of today and tomorrow.
About three quarters of all residents of Saudi Arabia are 40 or younger.


www.panda.com.sa
+346 Branches
Man Power : 10,000 young Saudis completed training