The first three stores of the company which was founded by Michel Olmi were opened in Medellin at the end of 2009. We were hired as consultants at the end of 2010. D1 had done a lot of groundwork but realized that the seemingly simple Hard Discount business model was not quite so easy to establish and develop. When Nils Brandes left the company as at the end of 2018, D1 had almost 1,000 stores and was just starting to be profitable. Today, D1 is the largest grocery retailer in Colombia with 2,500 stores.
The Turkish company BIM is today the market leader in food retailing with more than 12,000 stores in Turkey, Morocco and Egypt and net sales of USD 9.6 billion (2023).
Tiendas D1 – Colombia
The first three stores of the company which was founded by Michel Olmi were opened in Medellin at the end of 2009. We were hired as consultants at the end of 2010. D1 had done a lot of groundwork but realized that the seemingly simple Hard Discount business model was not quite so easy to establish and develop. When Nils Brandes left the company as at the end of 2018, D1 had almost 1,000 stores and was just starting to be profitable. Today, D1 is the largest grocery retailer in Colombia with 2,500 stores.
Bim – Turkey
The Turkish company BIM is today the market leader in food retailing with more than 12,000 stores in Turkey, Morocco and Egypt and net sales of USD 9.6 billion (2023).