At present, Savola is in a phase of rapid growth and development in the retail sector. For example, In 2019, Panda Retail Company recorded a revenue of SAR 12 billion. We are proud of the way our retail business is expanding, and that is why we have developed a clear roadmap that will help us continue to grow at the same pace in the coming years.
Entering new markets
Panda stores are popular with 106 million consumers, most of whom are based in Saudi Arabia. We believe this success can be replicated in other markets, so we have already opened stores in Egypt.
Adapting to consumer demands
Shoppers today are discerning. We constantly strive to improve our services so that we meet or exceed their expectations. Panda was the first supermarket chain in the region to introduce the weekly promotional leaflet and the first to devise a mobile app, and we are committed to offering lowest cost of shopping through the different marketing programs & activities and through Panda own-label products.
Panda’s distribution network is fundamental to its success. We have invested in cutting-edge distribution centers in Riyadh and the King Abdullah Economic City with a total surface area of 202,000m2. We also have the second-largest delivery fleet in Saudi Arabia.
Having a positive social impact
Like all Savola companies, the Panda business model centers around improving the societies in which it is based. Panda initiatives including “Be Healthy” , “Friend of the Environment,” and “Leave the Change for Them” are designed to have a positive impact on the lives of our customers.
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