Bim (company)

BİM Birleşik Mağazalar A.Ş. (BİM for short) is a Turkish retail company, known for offering a limited range of basic food items and consumer goods at competitive prices. Bim were the pioneers of this discount store model in Turkey.

BİM Birleşik Mağazalar A.Ş.
TypeAnonim Şirket
BİST: BIMAS
IndustryDiscount store
Founded1995 (1995)
Headquarters
Ebubekir Cad. No: 73 Sancaktepe, Istanbul
,
Turkey
Number of locations
7438 shops (Turkey)[1]
628 shops (Morocco)[2]
320 shops (Egypt)[3]
Area served
Turkey - Morocco - Egypt
Key people
Mustafa Latif Topbaş (Chairman)
ProductsBasic food items and consumer goods
20.072 million TL (2016)[4]
Number of employees
37,439 (2016)[5]
SubsidiariesFile
Websitebim.com.tr

Bim's main competitors are Şok and A101.

Business and activities

Bim A.Ş. was founded in 1995[6] by a group of investors around Cuneyd Zapsu. Zapsu sold his shares to the investment bank Merrill Lynch in 2000. Today, the main shareholder is Mustafa Latif Topbaş.[7] At the beginning BİM had only 21 stores, but it expanded thoroughly and by the end of 2015 it counted 4972[8] and 2019, 7438 stores [6] by the third quarter of 2021, the company operated 10.330 stores. BİM does not offer franchises, all stores are owned and operated by the company itself,[9] and they are viewed as a competition to the many independent neighborhood stores. The business model is inspired by the German discounter ALDI.[7]

It also operates 628 stores in Morocco[6] and 320 in Egypt.[6] In 2005 44.12% of its shares were offered to the public.[10]

References
  1. "Bim".
  2. "Bim".
  3. "Bim".
  4. "Report" (PDF). www.bim.com.tr. 2015. Retrieved 2019-08-11.
  5. "Şirket çalışanlarının sayısı" (PDF).
  6. "Bim A.Ş. > Welcome..." english.bim.com.tr. Retrieved 2020-08-31.
  7. "BIM rings the changes for Turkey's shoppers". www.ft.com. 2010-10-05. Retrieved 2020-08-31.
  8. BİM Records Growth Of 21% For 2015European Supermarket Magazine Retrieved 2016-03-13
  9. "Bim A.Ş. | Frequently Asked Questions". english.bim.com.tr. Retrieved 2015-10-03.
  10. "Untitled Document". Archived from the original on 2015-10-04. Retrieved 2014-06-29.
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