Dino Polska S.A., one of the fastest-growing retail food chains in Poland, has passed the milestone of 700 stores. As at 30 September 2017, the chain had 718 outlets, which means that in the current year it opened 90 markets, including 41 in the 3rd quarter alone.
The year 2017 marks the ongoing enlargement of the Company’s volume of business supported by the robust market conditions. Fast organic growth is one of the key pillars of Dino Group’s strategy. The Management Board of Dino Polska S.A. expects the chain to operate at least 1200 stores by the end of 2020.
In 9 months of 2017, the Dino chain opened 90 stores in 12 voivodships. The voivodships with the largest numbers of openings included: wielkopolskie (23), dolnośląskie (10), śląskie (10), zachodniopomorskie (8) and łódzkie (8) voivodships.
In the second half of the year, we increased the speed of openings, reaching 41 in the third quarter alone. We are growing mainly by concentrating our chain in the regions where we already have our presence. This year, we plan to open more stores than in 2016, when we had 123 openings. In 2013-2015, we were opening about 100 new markets per year, which gave us the leading position in the proximity segment – the fastest-growing chain, measured by the average annual growth of the number of stores. We want to remain the fastest-growing proximity supermarket chain in Poland – said Szymon Piduch, President of the Dino Polska S.A. Management Board.
The Company owns most of the land and properties, in which Dino markets are located. Combined with a well-functioning business model, this allowed the chain to grow quickly in recent years, by increasing the number of stores from 111 in 2010 to 718 stores at the end of September 2017. Dino supermarkets are located mainly in the Western Poland, in smaller towns, medium-sized cities and in the outskirts of large cities. They are supplied by three distribution centers located in Krotoszyn, Piotrków Trybunalski and Jastrowie.
More about Dino Polska S.A.:
Dino is a leading player in the attractive and growing segment of proximity supermarkets in Poland. From 2010 to 2015 Dino was the fastest-growing chain of proximity supermarkets in Poland (in terms of the average annual rate of growth in the number of stores and sales revenue) and in 2015 achieved the number two position in the proximity segment in terms of sales (all data based on Roland Berger report from November 2016).
The Dino chain includes 718 stores (data as of 30 September 2017), located mainly in western Poland, with an average sales area of about 400 m2. Most of Dino’s stores are located in smaller towns and small and medium-sized cities, as well as on the outskirts of big cities, in locations convenient for customers.
The Group’s business model combines the advantages of the proximity format, skill at quickly opening new stores, an attractive product range mainly including branded products and fresh products, and competitive prices.
The Dino stores offer customers a range of about 5,000 different products (stock-keeping units), mostly under well-known brands and with an emphasis on fresh products. The Group offers prices for key products competitive with the largest grocery chains in Poland. One of the most important aspects setting the Group apart from discount chains is staffed meat counters in every shop. The high-quality meats, cold cuts and processed meat products are supplied mainly by Agro-Rydzyna, a meat plant which is part of the Dino Group.
The logistics network of the Dino Group is based on three distribution centres, in Krotoszyn, Jastrowie and Piotrków Trybunalski. Its geographical range enables fresh products to be delivered to all stores in the Dino chain 7 days a week.
The Company is the owner of the great majority of the properties where Dino supermarkets are located. Combined with a well-functioning business model, this has enabled quick and flexible growth of the Dino chain in recent years, with an increase in the number of stores from 111 as of the end of 2010 to 618 as the end of September, 2017.
From April 2017 the Company is listed on the WSE. Dino Group employs 11,420 people (data as of 30 June 2017).