Panda Retail Company – Savola Group

Panda Retail Company – Savola Group is a major player in the retail sector in Saudi Arabia, founded in 1978. It became part of Savola Group in the late 90s, propelling its journey to become the leading food retailer in the MENA region. The strategic acquisition of Giant supermarkets and Geant stores in Saudi Arabia has significantly contributed to Panda's growth, facilitating an expansion that includes the opening of hypermarkets in Riyadh and Dubai. Through these endeavors, Panda Retail Company has increased its market share from 7% to over 8%, positioning itself as the largest food retailer in the Middle East. Currently, with more than 400 branches serving over 400 million visitors annually in Saudi Arabia and Egypt, Panda stands as a formidable force in the regional retail industry.