Russia’s largest food retailer X5 Retail Group has announced plans to roll-out 20 Pyaterochka soft discount stores in the country’s southern region.
Go deeper with GlobalData
The first two stores will open on 19 April in Krasnodar. Further stores are expected in the Rostov region at a later date.
“The launch of this project is an important step in execution of our strategy of multi-format regional expansion,” said Yuri Kobaladze, managing director of corporate relations X5 Retail Group. “Multi-format presence in a region allows us to widen our customer base and significantly enhances our operational efficiencies in the region. ”
X5 Retail already has eight Perekryostok supermarkets and one hypermarket in the south of Russia.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
