Panda Retail Company opened three HyperPanda new stores last week, two in Al-Qassim and one in Jeddah, bringing the total number of newly-opened stores this month to five. This builds on the two stores recently opened in Jeddah and Riyadh. The new stores aim to enable the largest segments of society to get prepared for Ramadan shopping.
The five new stores come in line with Panda Retail Company’s expansion strategy whose objective is to boost the company’s presence Kingdom-wide, apply the concept of availability and reinforce the role of retail sector in Saudi economic growth. By opening the new stores, the company now operates 65 HyperPanda stores and 156 Panda Chain outlets all over the country.
In line with its efforts to get its customers well-prepared for the holy month of Ramadan, the company has also launched intensive Ramadan offers under the slogan “We slash prices”. The promotional campaign aims to provide all foodstuff, home and electric appliances, as well as other products at discounted and competitive prices making them readily available across all its stores (Panda and HyperPanda) across the Kingdom, including the newly-opened outlets.
Muwaffaq Mansour Jamal, Chief Executive Offices, Panda Retail Company, said: “In line with our commitment to improve customer satisfaction, the company has intensified its efforts and raised its readiness levels for the holy month of Ramadan by opening five new stores in a month. All employees and staff members across Panda chains are fully prepared to receive and support customers and we will work hard to apply best practices in customer service. We have launched Ramadan promotions allowing customers to buy whatever they need for Ramadan at lowest prices and highest levels of quality.”
Jamal stressed that they will boost business in the region and create job opportunities for Saudis. “We are keen to hire qualified Saudis and enhance our ‘Saudization’ efforts which form a pivotal part of our employment strategy. That is why we as a company have the largest number of Saudi employees in the retail sector.”
Panda forms the Retail Division of the Savola group of companies. It is one of the largest retailers in the Middle East, catering to more than 400 million visitors every year across its different outlets; Panda, HyperPanda and Pandati, which offers a diverse range of high quality products that meet all the needs of the family, at competitive prices. — SG
