Araz (supermarket)

Araz Supermarket is a supermarket chain located in Azerbaijan.

Araz Supermarket
TypePrivate. Cooperative
IndustryRetail
Founded2011 (2011)
FounderAydın Talıbov
Headquarters
Baku
,
Azerbaijan
Key people
Reshad Ibrahimov, CEO
ProductsSupermarkets, food industry.
Number of employees
6000 (2022)
Websitewww.arazmarket.az

History

AzRetail LLC was founded on May 7, 2011. Its first store opened near the Azadliq metro station in Baku. By the end of 2011, the number of Araz supermarkets increased to four. At the end of 2012, AzRetail LLC opened three new supermarkets, increasing the number of stores to seven. In 2013, nine new supermarkets were opened in Baku and Sumgait.[1] The company now has more than 170 branches across Azerbaijan.[2] The main principle of the AzRetail MMC is to deliver basic groceries and consumables to the consumer. The company is a member of the "Consumer Goods Forum".[3] The eco-conscious company launched eco-bags made from corn and potatoes for long-term use among consumers in 2019.[4] The company cooperates with the International Bank for Reconstruction and Development .[5]

Notes and references
  1. "about us". Retrieved 12 April 2020.
  2. "Findglocal araz supermarket 2022". Retrieved 26 April 2021.
  3. "CGF Announces New Members for January 2020" (PDF). Retrieved 21 January 2020.
  4. "Araz Supermarket mısır ve patatesten üretilen ECO torbalarını tanıttı". Retrieved 29 January 2020.
  5. "Araz Süpermarket İmar ve Kalkınma Bankaları ile İş Birliği Yapıyor". Retrieved 29 January 2020.


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