Panda Hypermarket’s Massive Savings Event Nears Close, Saudis Rush too Secure Deals
RIYADH, SAUDI ARABIA – A nationwide shopping frenzy is underway as Panda Hypermarket’s annual savings event, featuring discounts of up to 60% on over 500 products, enters its final six days. The offers, described by economists as a vital relief amid rising living costs, are driving unprecedented crowds to Panda branches across Saudi Arabia, with shoppers reporting meaningful savings on essential grocery items.
The promotion has sparked scenes of bustling activity, with long queues forming before opening hours. Umm Sarah, 35, described arriving at 7:30 AM to find lines “extending for hundreds of metres, but it was worth the wait.” Specific deals highlighted by shoppers include 10 kilograms of basmati rice available for 59.99 riyals – a savings of over 40 riyals – and 12 bags of Doritos for 9.99 riyals, equating to less than one riyal per bag.
“These offers come at an ideal time with the rising costs of living, and they represent a breath of fresh air for Saudi families,” stated family economist D. Muhammad Al-Sharif. He noted a 35% increase in the volume of discounts compared to last Ramadan’s promotions, attributing the aggressive pricing to increased competition within the Saudi retail sector.
The impact is being felt directly by consumers. Fatima Ahmed of Riyadh reported saving 380 riyals – equivalent to two days’ salary – by stocking up for the month. Panda’s annual November offers have historically been popular, but this year’s event is breaking previous records for both participation and savings.
Shoppers are urged to act quickly, as quantities are limited and the promotion concludes within the week. Panda’s campaign signals a potential shift in the Saudi retail landscape, prioritizing considerable savings for consumers alongside product quality.
