Russian retailer Dixy is to accelerate its expansion in the north west of the country.
Dixy told just-food it plans to open 80 stores in Russia’s north-west federal region, which has St Petersburg has its administrative centre.
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The company, which focuses on convenience outlets, already has 339 stores in the region – including 161 in St Petersburg – but it wants to expand further.
“Dixy Group sees great potential in expanding of the neighborhood stores network in the north-west region and intends to increase its share,” president and CEO Ilya Yakubson said.
A spokesperson for Dixy said the retailer’s logistics network in the region allows the company to cover territory 1,500 km from St Petersburg.
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At the end of April, Dixy had 1,568 stores in Russia. In 2012, its sales were RUB147bn.
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