ShopPoint

ShopPoint is a fast-growing retail chain based in Dhaka, Bangladesh, specializing in providing a wide range of consumer goods, including groceries, fashion, electronics, and household items. Founded in 2020, ShopPoint has quickly become a household name, offering affordable prices and a convenient shopping experience across its stores in major urban centers. The company is known for its modern, well-organized stores that cater to a wide demographic, from budget-conscious shoppers to those seeking premium products.

Founded by Karim Siddiqui, an experienced retail executive, ShopPoint operates a network of 30 stores across Bangladesh, with a focus on providing customers with a diverse selection of local and imported products. The chain is especially popular for its grocery and daily essentials sections, which offer a wide variety of fresh produce, packaged foods, and household goods at competitive prices.

ShopPoint’s Smart Shopper Program is a key feature of its business model, offering customers exclusive discounts, rewards, and early access to sales events. The retail chain also places a strong emphasis on customer service, with staff trained to assist customers in finding the right products and ensuring a smooth shopping experience.

The company’s core values are convenience, quality, and customer loyalty. ShopPoint aims to make shopping easy and accessible by providing a well-rounded product range and a comfortable in-store environment. In 2023, the company reported revenues of approximately $40 million, driven by its expansion and growing popularity among urban consumers.

Looking forward, ShopPoint plans to introduce a new line of private label products, ranging from household essentials to fashion, to offer customers more affordable alternatives without compromising on quality. The company is also looking to expand its footprint by opening additional stores in smaller towns and suburbs, further strengthening its presence in Bangladesh’s retail sector.