Kipa is a supermarket chain in

Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a small portion on the Balkan Peninsula in ...

, owned by

Migros Türk Migros () is Switzerland's largest retail company, its largest supermarket chain and largest employer. It is also one of the forty largest retailers in the world. It is structured in the form of a cooperative federation (the Federation of Migro ...

since 2017. It was previously owned by the largest UK retailer,

Tesco Tesco plc () is a British multinational groceries and general merchandise retailer headquartered in Welwyn Garden City, England. In 2011 it was the third-largest retailer in the world measured by gross revenues and the ninth-largest in th ...

. The original company, Kitle Pazarlama A.Ş., was founded in August 1992 and opened its first Kipa store in November 1994. Tesco purchased a controlling interest in Kipa in 2003. In September 2010, Tesco Extra began its operation in Turkey. As of January 2013, it had 513 stores, with plans for continued strong growth. Kipa used the standard Tesco retailing model, which meant that it still ran Tesco supermarkets, including a range of store sizes from

hypermarket A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including ...

s to Tesco Express outlets. In June 2016, Tesco announced it would sell Kipa to competitor

. The sale was completed in February 2017.

References

External links

* ''(in Turkish)''
CEO's presentation (February 2011)
1992 establishments in Turkey Supermarkets of Turkey Tesco {{retail-company-stub