64th HyperPanda branch opens in Jeddah

Panda Retail, a major Saudi retail company in the region, opens a new outlet at Sari Street in Jeddah.

Panda Retail, a major Saudi retail company in the region, has inaugurated its newest branch of the HyperPanda retail chain.
The opening of the new outlet in Jeddah comes in line with the company’s expansion plans that aim to meet all the needs of its customers across the Kingdom, bringing the new count of the HyperPanda branches in the Western Region to 14, and to 64 branches across the Kingdom.
The new HyperPanda is located on Jeddah’s Sari Street. The opening ceremony was attended by Muhammad Hilal, director of Al-Matar Municipal Office, Jeddah, other officials, business pioneers, members of Panda Retail Company’s senior management, and representatives of local and regional media.
Muwaffaq Mansour Jamal, CEO of Panda Retail, said: “This opening is yet another step toward our expansion across the Kingdom and the region, which is a key approach we adopt to strengthen the position of the Saudi retail sector, in order to strengthen its contribution toward the growth of the Saudi economy.”
He added: “Panda Retail Company considers its new HyperPanda branch in Jeddah as a platform that enables Saudi youth to work and innovate, and hence contributing to the national transformation in light of Saudi Arabia's vision on the localization of jobs. The total number of employees at Panda Retail Company exceeds 25,000, 30 percent of which are Saudi nationals.”
Panda says it provides innovative marketing solutions as it offers a variety of attractive promotions for its customers to celebrate the new opening.
Panda is the Retail division of the Savola group of companies. It is one of the largest retailers in the Middle East, catering to more than 400 million visitors every year across its different outlets — Panda, HyperPanda and Pandati. They offer a diverse range of products that meet all the needs of the family at competitive prices.