A101 Yeni Mağazacılık A.Ş. or often shortened as A101 is a Turkish

retail Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and t ...

company founded in 2008, with their headquarters being located at

Üsküdar Üsküdar () is a large and densely populated district of Istanbul, Turkey, on the Anatolian shore of the Bosphorus. It is bordered to the north by Beykoz, to the east by Ümraniye, to the southeast by Ataşehir and to the south by Kadıköy; w ...

İstanbul Istanbul ( , ; tr, İstanbul ), formerly known as Constantinople ( grc-gre, Κωνσταντινούπολις; la, Constantinopolis), is the List of largest cities and towns in Turkey, largest city in Turkey, serving as the country's economic, ...

. It is one of the 3 markets that have locations in all 81 provinces of Turkey, alongside

Bim ''Bim'' is a 1974 Trinidad and Tobago film written by Raoul Pantin and directed by Hugh A. Robertson. It was described by Bruce Paddington as "one of the most important films to be produced in Trinidad and Tobago and... one of the classics of Ca ...

and Şok. %79,21 percent of A101 is owned by Turgut Aydın Holding. Shipments are made from

warehouse A warehouse is a building for storing goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial parks on the outskirts of cities ...

s to stores with trucks belonging to A101.

History

A101 was founded on 28 March 2008 by Turgut Aydın in Istanbul. A101's main business model is being a

discounter A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down cost ...

, just like their main competitor Bim. In April 2020, A101 launched their grocery delivery app called "A101 Kapıda". On 30 December 2020, A101 opened their 10,001st store, thus taking the record of most store locations from their rivals Bim.

16 July 2016 custody operations

On 16 July 2016, six suspects accused of providing financial support to Fetulllah Terrorist Organization including A101's owner Turgut Aydın and some of A101's board members. The six were detained along with 92 others over claims of providing financial support to FETO, the carrier of the deadly coup attempt on 15 July, according to a police source. On 19 August 2016, the suspects were released on orders of the Istanbul Chief Public Prosecutor's Office after they recorded their testimonies.

References

{{Reflist Discount stores Retail companies of Turkey Retail companies established in 2008