Dino Polska S.A., one of the fastest growing retail grocery networks in Poland opened 202 new stores in 2018, compared to 147 in the previous year, signifying 37% growth year on year. That means that as at 31 December 2018 Dino’s network now numbers 977 stores. In Q4 alone, it opened 82 stores.
The total selling area in Dino stores at the end of 2018 was 375.7 thousand square meters, up 27.3% from one year ago. Robust market conditions, including rising consumption have been conducive to the Company’s expanding business size.
“2018 was another year in which the Dino network rolled out rapidly – we opened a record-breaking number of new stores in the history of our business, while outstripping the number of openings planned for last year. In the last three years we have doubled the number of our stores. Today, we nearly have one thousand Dino stores. This was possible because of our fine-tuned growth strategy and the trust our clients place in us. We take note of Poles’ evolving preferences ensuing from their ever more active lifestyle and we respond to them quickly, thereby making it possible for our clients to do their daily shopping in comfortable conditions, at affordable prices and in close proximity to their homes. We devote extensive attention to refining our offering – everyday, we are providing more choice by adding new products and offering attractive promotions”, says Szymon Piduch, President of the Management Board of Dino Polska S.A.
The rollout of the Dino store network is accompanied by logistics development. In 2018 Dino Polska opened its fourth distribution center in Rzeszotary in Lower Silesia to enable the company to open more stores.
“We are growing faster than the market and we have ambitious plans when it comes to further development. In 2019 we want to continue pursuing our organic growth strategy. In 2018 the macroeconomic environment acted as a strong tailwind, in particular on rising consumer demand underpinned by rising employment and positive sentiments among households. We expect these positive trends to persist in 2019”, adds Szymon Piduch, President of the Management Board of Dino Polska S.A.
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.