Lakhasly

SACO was established in Riyadh in 1984 by a small group of businessmen.?There are many advantages and strengths that can achieve greater success for SACO as we mentioned, but there are expected threats that could negatively affect the company, such as its provision of electronic devices in a limited way, it is possible that its competitors Jarir and Extra significantly outperform it, and it is also possible to excel.and also it provides some electronic devices, and here the weakness is because the company offers some devices in a limited way compared to Jarir and Extra, there is a great diversity and difference, so the electronic devices are such.The two companies are considered one of the competitors of SACO in terms of electronic devices, and also there is a strong competitor such as IKEA, all of them offer home furniture and tools ....the size in terms of capital :

oNumber of shares before Capital increase 24 millions oCapital after increase SAR 360 Millions oPercentage of Capital increase 50%

Market Share :

?The company environment and SWOT analysis: ?SACO has a lot of competitors, so there are some weaknesses of the company, and it may have defects, advantages, strengths and weaknesses compared to its competitors, and it is possible that there are some expected threats that could negatively affect the company, and we will mention them below ..etc.

SACO was established in Riyadh in 1984 by a small group of businessmen. Two decades later, in May 2004, the company announced the opening of the Saco World store in Riyadh, the largest and first of its kind in the Middle East. In June 2010, the company built another SACO World store in the port of Jeddah on the Red Sea coast. A year later, it opened its largest store so far in Eastern Dhahran Governorate.

In 2015, the company became publicly listed, a move that played an important role in enhancing confidence in the brand by offering clients transparency about its goals and achievements. In 2018, SACO opened its 31st store, and today, it has 34 stores across the country, not to mention plans in progress to build more stores in the coming years.

the size in terms of capital :

•Number of shares before Capital increase 24 millions
•Capital after increase SAR 360 Millions
•Percentage of Capital increase 50%

Market Share :

‏The company environment and SWOT analysis:
‏SACO has a lot of competitors, so there are some weaknesses of the company, and it may have defects, advantages, strengths and weaknesses compared to its competitors, and it is possible that there are some expected threats that could negatively affect the company, and we will mention them below ..
‏Saco company has weaknesses, which is that Saco company focuses on home furniture, some tools and detergents ... etc. and also it provides some electronic devices, and here the weakness is because the company offers some devices in a limited way compared to Jarir and Extra, there is a great diversity and difference, so the electronic devices are such. The two companies are considered one of the competitors of SACO in terms of electronic devices, and also there is a strong competitor such as IKEA, all of them offer home furniture and tools .... etc. and with great quality, but SACO has strengths and advantages that distinguish it from other companies, which is the diversity in home furniture and outdoor furniture And garden supplies and even it provides supplies for cars. Here are the strengths and advantages, and these are among the opportunities that can be taken advantage of. The company and SACO have an advantage over its competitor IKEA or any other companies that provide furniture and household appliances.
‏There are many advantages and strengths that can achieve greater success for SACO as we mentioned, but there are expected threats that could negatively affect the company, such as its provision of electronic devices in a limited way, it is possible that its competitors Jarir and Extra significantly outperform it, and it is also possible to excel. The IKEA company should not offer the best SACO and diversify all its products.