Retail Investments
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Group strategically focuses its investments on two main sectors - food and retail. In the retail sector, Savola Group owns Panda Retail Company which is one of the main retail chain businesses in the Middle East. Additionally, we hold a substantial 49% stake in Herfy Food Services Company, one of Saudi Arabia’s leading fast-food brands.
Panda Retail Company
Savola Group owns Panda Retail Company which is one of the main retail chain businesses in the Middle East and stands as one of the largest entities in the retail sector. It owns and manages a chain of modern retail stores across Saudi Arabia, with a total of 209 stores (including 6 stores in Egypt), serving over 100 million customers annually in both Saudi Arabia and Egypt. Panda boasts a proud history, a leading market share and formidable geographic reach.
Savola's acquisition of Panda Retail Company in 1998 brought about comprehensive changes to its business model. The first significant step involved rebranding the Azizia and Panda markets under the unified Panda brand to increase name recognition. This transformation quickly became synonymous with the introduction of a new store format in 2004, “Hyper Panda.”
Panda is committed to enhance its digital capabilities by leveraging cutting-edge technologies to drive sustainable growth through its “Customer Experience” program. This program focuses on enhancing consumer journey, improving branch appearances, and ensuring consistent product availability on shelves, to reach customer satisfaction.
Panda actively contributes to the communities where it operates in through a variety initiatives, including social impact initiatives such as “leave the change for them”, wellbeing initiatives such as “Panda Cares” to improve employee health and reduce their health risks. And environmental initiatives to enhance the quality of life through waste management and circular economy initiatives in addition to energy efficiency and carbon reduction initiatives.
For more information about Panda, you may visit the below website:
SAVOLA FINANCIAL INVESTMENT IN RETAIL
In addition to the investments that Savola Group manages, it holds a (49%) stake in Herfy Food Services Company, one of Saudi Arabia's leading fast-food brands that operates in industrial bakery and meat processing businesses in Saudi Arabia.
