Şok

ŞOK Markets Trade S.A.
Native name
ŞOK Marketler Ticaret A.Ş.
Company typePublic
BİST: SOKM
IndustryDiscount store
Founded1995 (1995)
Headquarters,
Number of locations
10,981 (2025)
Area served
Turkey
Key people
Uğur Demirel (Chairman)
ProductsBasic food items and consumer goods
RevenueUS$4.7 billion (2023)
US$191 million (2023)
Total assetsUS$2.1 billion (2024)
Total equityUS$869 million (2023)
Number of employees
46,796 (2023)
ParentYıldız Holding
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.

As of the end of 2024, the company operates 10,981 stores in Turkey.

History

Migros ownership

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.

Under Migros Ticaret A.Ş., Şok Market reached 291 stores in 2000, 311 stores in 2005, and 1,254 stores in 2010.

Yıldız Holding ownership

In August 2011, it was acquired by a consortium led by Gözde Girişim, a company of Yıldız Holding. With the acquisition, Şok Market completely renewed its concept and redesigned its stores from top to bottom. In 2015, the company decided to resume its expansion strategy, and reached 4,000 stores at the end of 2016.[2]

It entered the internet industry in 2021 and founded Şok Net.[3]

Private label brands

  • Adam for Menmale grooming
  • Altın Küpsugar
  • Amigo — nuts, peanut butter, and chips
  • Anadolu Mutfağı — legumes, eggs, spices
  • Bebe land — baby products
  • Beyaz Güvercinpaper products
  • Bistobaked goods
  • Bizim Vatancanned goods and sauces (founded in 1951)
  • Bozüyükboza
  • Crown — soft drinks, lemonade, iced tea
  • Deren — tea and iced tea
  • Experdentoral care
  • Evin — margarine and vegetable oil
  • İncifrozen foods
  • Karmen — chocolate and hazelnut spread
  • Lezzetlimred meat
  • Lioolives and olive oil
  • Mintax — cleaning products (Turkey's first local detergent brand, absorbed in 2012)
  • Misdairy (founded in 1976, absorbed in 2012)
  • Mon Amourcosmetics
  • Peki — cakes and wafers
  • Piyale — pasta, soup, flour, and pudding (founded in 1922, absorbed in 2010)
  • Taşkale — tahini, molasses and halva
  • Tempo — biscuits and crackers
  • Tornadoenergy drink

References

  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.