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Şok

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ŞOK Marketler Ticaret A.Ş.
Company typeAnonim Şirket
BİST: SOKM
IndustryDiscount store
Founded1995; 29 years ago (1995)
Headquarters,
Area served
Turkey
Key people
Uğur Demirel (Chairman)
ProductsBasic food items and consumer goods
Revenue4.7 billion USD (2023)
191 million USD (2023)
Total assets2.1 billion USD (2024)
Total equity869 million USD (2023)
Number of employees
46.796 (2023)
Websitesokmarket.com.tr

ŞOK Marketler Ticaret A.Ş. is a discount market chain based in Turkey. It was founded by Migros in 1995 and was acquired by a consortium led by Gözde Girişim, one of Yıldız Holding companies, in August 2011. It is headquartered in Üsküdar district of Istanbul.

History

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ŞOK Marketler Ticaret A.Ş. started its operations in 1995 by opening 13 stores.[1] The aim was to establish a widespread network of small-sized stores that were cheap and low-cost, and to employ fewer personnel and reduce costs with the features of the shelving system.

The company decided to grow again in 2015 and reached 4,000 branches according to data dated December 30, 2016.[2] It entered the internet industry in 2021 and founded Şok Net.[3]

References

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  1. ^ "Migros Basın Açıklaması". Archived from the original on 15 November 2016. Retrieved 15 November 2016.
  2. ^ "Şok Market, 4.000'inci mağazasını dün Ümraniye'de açtı". Archived from the original on 1 January 2017. Retrieved 2 January 2017.
  3. ^ "Şok market internet satacak". Archived from the original on 15 September 2021. Retrieved 15 September 2021.