The story
Żabka was founded by entrepreneur Mariusz Świtalski in 1998 and in the same year opened its first seven stores in Poznań and Swarzędz. By October 2005, Żabka had 1,700 stores throughout Poland. In 2007, Żabka was acquired by Penta Investments.
In December 2010, Penta sold the Czech operations of Żabka (localized as Žabka) and its Koruna subsidiary to UK retail giant Tesco plc. The deal was closed in April 2011. In February 2011, Penta signed an agreement to sell the remaining Polish operations Żabka Polska, including the Freshmarket store format, to Mid Europa Partners.
In 2016, Żabka underwent a rebranding. In February 2017, Mid Europa Partners closed a deal to sell Żabka for an undisclosed value (but estimated by analysts between €1 billion and €1.5 billion) to the Luxembourg-based CVC Capital Partners.
Since 2018, after the long-expected Sunday trading ban in Poland was introduced, Żabka Polska has increased its focus on self-checkouts and automated, unmanned stores, the latter using the Microsoft Azure cloud computing platform.
In 2021, Polish track and field athlete Maria Andrejczyk auctioned off the silver medal she had won at the Tokyo Olympics a few weeks earlier, to raise funds for the treatment of an eight-month-old baby; Żabka won the auction and returned the medal to the athlete.
In late-2022, Jarosław Kaczyński suggested that the Polish Law and Justice government might buy Żabka from CVC Capital Partners.
In December 2023, it was announced that Żabka would open its first stores in Romania.
In March 2024, it had been announced that Żabka will offer mobile phone repair services.
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As of November 2024, Żabka is listed on the Warsaw Stock Exchange under ticker ZAB.
In July of 2026, Bloomberg reported that the Japanese-owned Seven & I Holdings was in the process of negotiating a possible acquisition of the store chain, but the acquisition was later abandoned.
From Wikipedia’s article on Żabka, shared under CC BY-SA 4.0.4