Metro Group plans to open its first Real hypermarket in the Ukrainian market in August, a spokesperson for the German retailer told just-food.
Go deeper with GlobalData
The hypermarket will be 12,500 sq m in size, with selling space of 8,500 sq m. It will carry 40,000 food and non-food SKUs, the spokesperson revealed.
The store is scheduled to open on 20 August in Odessa. Construction is currently underway.
“Despite the difficult economic climate and declining purchasing power, we believe that Ukrainians are underserved with quality retail destination for their everyday needs. The current difficulties on the market provide us with an opportunity to establish a solid presence and build substantial market share. Our plans remain unchanged,” said Ulf Groth, MD, Real Ukraine.
The store will create 420 new jobs.
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
