Kipa (supermarket)
Kipa is a supermarket chain in Turkey, owned by Tesco since 2003. The original company which precedes Tesco Kipa, had begun operation in November 1994. It uses the standard Tesco retailing model, which means that it still runs Tesco supermarkets, including a range of store sizes from hypermarkets to Express outlets. The stores also have the nickname "Badamana."
In September 2010, Tesco Extra began its operation in Turkey. As of January 2013, it had 513 stores, with plans for continued strong growth. In June 2016, Tesco announced it would sell Kipa to competitor Migros Türk.[1]
References
- ^ "Tesco sells Turkish subsidiary Kipa to Migros". Daily Sabah. 8 June 2016. Retrieved 10 June 2016.
External links
- Official website (in Turkish)
- CEO's presentation (February 2011)
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