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 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.