In 2016 the chain of Dino stores (belonging to the Dino Group), one of the fastest-growing proximity chains in Poland, grew by another 117 locations (as compared to an increase by 101 points of sale in 2015). This brought the number of stores in the Dino chain to a total of 628 stores as of 31 December 2016, as compared to 511 at the end of 2015.
Dynamic organic growth is one of the pillars of the strategy of the Dino Group. The Group plans continued growth through increased density of the chain in western Poland, where it is already present, and through gradual expansion into the northern and eastern part of the country.
According to a Roland Berger report, Dino was the fastest-growing chain of proximity supermarkets in Poland in terms of average growth in the number of stores in 2010–2015. In the same period the Dino chain was also the second-fastest growing chain in the entire retail grocery market, in terms of average annual growth in the number of newly opened locations.
Szymon Piduch, CEO of Dino Polska S.A., commented: “In 2013–2015 the Dino chain opened about 100 new stores per year, which made us the fastest-growing chain of proximity supermarkets in terms of average annual growth in the number of stores. In 2016 our chain grew by another 117 locations. We want to remain the fastest-growing chain of proximity supermarkets in Poland. But we are growing not only through an increase in the number of stores. We also place great importance on growth in like-for-like sales at comparable locations. According to us currently the LfL figures for the Dino chain are among the highest in the market.”
The first Dino supermarket was opened in 1999. Since then the chain has grown dynamically—from 111 stores in 2010 to 628 stores at the end of 2016. Dino supermarkets are located in the provinces of Wielkopolska, Lower Silesia, Lubusz, Opole, Łódź, Kujawy-Pomerania, Silesia, Mazovia, West Pomerania, Holy Cross, Małopolska and Pomerania. Dino stores are supplied by three distribution centres, in Krotoszyn, Piotrków Trybunalski, and Jastrowie.
More information regarding Dino Polska S.A.:
Dino is a nationwide network of medium-sized supermarkets located in close proximity to where customers live. Its grocery stores are open every day (except for non-trade Sundays) from 6:00 a.m. to 11:00 p.m.1. The Dino network is one of the fastest growing retail grocery trade networks in Poland. At the end of September 2020 it consisted of 1,371 stores across Poland.
The Dino Group’s business model blends the advantages offered by the format of conveniently-located mid-sized supermarkets with the capability of rapidly opening new stores and offering an attractive assortment primarily entailing attractively-priced branded and fresh products.
Dino stores offer customers approximately 5 thousand stock keeping units (SKUs). Most of the SKUs are either fresh products or branded products, including a full range of groceries, household chemicals and cosmetics as well as small household articles and appliances. Every Dino store has a staffed meat counter, with the Agro-Rydzyna meat processing plant supplying high quality meat and cold cuts.
The Dino Group’s logistics network consists of five distribution centers located in Krotoszyn, Jastrowie, Wolbórz, Rzeszotary and Łobez. Its geographic range makes it possible to deliver fresh products to all of the stores in Dino’s network every day of the week.
At the end of September 2020 the Dino Group had 24.1 thousand employees.
The Company has been listed on the main floor of the Warsaw Stock Exchange since April 2017. Dino Polska S.A. is majority-owned by Polish capital.
1 Some stores are open for less than the standard working hours in connection with aligning their operation to local regulations.
This document (and the information contained herein) is not an offer of securities for sale, or the solicitation of an offer to purchase securities, in the U.S. Securities may not be offered or sold in the U.S. absent registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or an exemption from registration. The securities referred to herein have not been and will not be registered under the Securities Act. No public offering of the securities will be made in the U.S.
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