Kipa (supermarket) (original) (raw)

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Supermarket chain in Turkey

Kipa
Trade name Kipa Ticaret A.Ş.
Industry Retailing
Founded August 17, 1992
Headquarters Çiğli, İzmir, Turkey
Number of locations 161
Area served Turkey (20 cities)
Key people Tuncay Özilhan (chairman)
Products Supermarket, hypermarket
Number of employees 6,000
Parent Migros Türk (2017–present)Tesco (2003–2017)
Website kipakurumsal.com
Footnotes / references[1][2]

Kipa is a supermarket chain in Turkey, owned by Migros Türk since 2017. It was previously owned by the largest UK retailer, Tesco. The original company, Kitle Pazarlama A.Ş., was founded in August 1992 and opened its first Kipa store in November 1994.

Tesco purchased a controlling interest in Kipa in 2003. In September 2010, Tesco Extra began its operation in Turkey. As of January 2013, it had 513 stores, with plans for continued strong growth. Kipa used the standard Tesco retailing model, which meant that it still ran Tesco supermarkets, including a range of store sizes from hypermarkets to Tesco Express outlets.

In June 2016, Tesco announced it would sell Kipa to competitor Migros Türk.[3] The sale was completed in February 2017.[4][5]

  1. ^ "Biz Kimiz?". kipakurumsal.com (in Turkish). Retrieved May 15, 2022.
  2. ^ "Ticaret Sicil Bilgileri". kipakurumsal.com (in Turkish). Retrieved May 15, 2022.
  3. ^ "Tesco sells Turkish subsidiary Kipa to Migros". Daily Sabah. 8 June 2016. Retrieved 10 June 2016.
  4. ^ Cahill, Helen (2017-03-01). "Tesco completes sale of its Kipa business in Turkey". Retrieved 2018-05-18.
  5. ^ "Competition authority approves acquisition of Tesco Kipa by Migros". Hürriyet Daily News. Retrieved 2018-05-18.