Hyperpanda Al-Madinah

Hyperpanda Al-Madinah is part of Panda’s food retail network in Medina. Founded in 1978, Panda became one of Saudi Arabia’s major retail organizations.

Company History

• In 1994, Panda merged with Azizia Company.
• In late 1998, Savola Group, one of the largest diversified conglomerates in the Middle East and North Africa, acquired Azizia Panda United. The company became Savola’s retail division and began its journey toward regional food retail leadership.
• By 2008, the acquisition had supported Panda’s growth and expansion to achieve the largest market share in Saudi Arabia’s retail sector.
• In 2014, Azizia Panda United changed its name to Panda Retail Company.

Store Expansion

• Panda opened its first hypermarket in Riyadh in 2004.
• Its first Dubai store opened in 2006, marking a step in its regional expansion.
• In 2008, Savola Group acquired Giant supermarkets in Saudi Arabia and merged them with Panda, increasing the number of stores operating under the Panda name.
• In 2009, Panda acquired all Geant stores in Saudi Arabia.
• In 2015, Panda opened a hypermarket in Egypt.

Retail Network and Reach

These expansion milestones increased Panda’s retail market share from 7% to more than 8%. Panda is the largest food retailer in the Middle East, with more than 400 branches across Saudi Arabia and Egypt under the Panda Super, Panda Hyper and Pandati formats, serving more than 400 million visitors annually.