RUSSIA: Lenta announces the opening of its first hypermarket in Kamensk-Uralsky

St. Petersburg, Russia, 2017-Aug-24 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its first hypermarket in Kamensk-Uralsky.

The new store is a Lenta compact format hypermarket located at 48 Suvorova street, Kamensk-Uralsky. The store has a total area of 7,800 sq.m with 4,293 sq.m of selling space and is open from 8.00 am till 11.00 pm, seven days a week. A broad product assortment of 17,000 SKUs has been selected specifically for residents of Kamensk-Uralky and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 390 parking spaces and 18 cash registers including 4 self-checkout lanes. The property is owned by Lenta.

This opening in Kamensk-Uralsky is Lenta’s fifth hypermarket opening in 2017 and brings the total number of Lenta stores to 196 hypermarkets in 79 cities across Russia and 60 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region.

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fourth largest retail chain (in terms of sales as of 1Q2017). The Company was founded in 1993 in St. Petersburg. Lenta operates 196 hypermarkets in 79 cities across Russia and 60 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,178,124 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,700 sq.m. The average Lenta supermarket store has selling space of approximately 900 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 45,689 people as of 31 December 20161.

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com.

Contact:

Lenta
Тel:+7 (812) 336 39 97
E-mail: pr@lenta.com

FTI Consulting:
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@FTIconsulting.com

Source: Lenta

RUSSIA: Lenta announces the opening of its first hypermarket in Kazan

Lenta expands its network in the Volga region to 31 hypermarkets in 21 cities. With this opening, Lenta is now present in all Russian cities with more than one million inhabitants.

St. Petersburg, Russia, 2016-Dec-05 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its first hypermarket in Kazan.

The new store is a Lenta supercompact format hypermarket located at 11B Zorge str., Gorki Park shopping center, Kazan. The store has a total area of 5,655 sq.m with 3,248 sq.m of selling space and is open 24 hours, seven days a week. A broad product assortment of 12,000 SKUs has been selected specifically for residents of Kazan and includes Lenta’s private labels and federal product ranges alongside local produce. The store is equipped with 20 cash registers. The shopping center has 942 parking spaces. The property is leased by Lenta.

The opening in Kazan is Lenta’s thirty first hypermarket opening in 2016 and brings the total number of Lenta stores to 170 hypermarkets in 77 cities across Russia and 43 supermarkets in Moscow and St. Petersburg.

Lenta’s Chief Executive Officer, Jan Dunning said:
“We are excited with our first store opening in Kazan, the capital of the Republic of Tatarstan. We continue to advance our growth strategy, opening stores in new cities and building on the success of our expanding network. We have a well-established presence and many loyal customers in Tatarstan, where we already have three hypermarkets in Almetyevsk, Naberezhnye Chelny and Nizhnekamsk, and our new store in Kazan will reinforce our position in this market of nearly four million people.

We will extend our reach to encompass many more customers and will expand our relationships to include more local suppliers to meet our greater purchasing needs. We would like to thank the local authorities for their collaboration and support, which have been essential for our development and expansion in the area.”

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fifth largest retail chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 170 hypermarkets in 77 cities across Russia and 43 supermarkets in Moscow and St. Petersburg, with a total of approximately 1,047,142 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,900 sq.m. The average Lenta supermarket store has selling space of approximately 1,000 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 34,134 people as of 30 June 20161.

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com, or contact:

Lenta
Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

Anastasia Kuznetsova,
Corporate Communications Manager
Тel:+7 (812) 336 39 97
E-mail: a.kuznetsova@lenta.com

Citigate
International Media:
David Westover
Тel: +44 207 282 2886
E-mail: lentateam@citigatedr.co.uk

FTI Consulting
Russian Media:
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@FTIconsulting.com

Source: Lenta

RUSSIA: Lenta debuts in Kostroma with its first hypermarket

With this opening, Lenta expands its network in the Central region to 22 hypermarkets in 15 cities

St. Petersburg, Russia, 2016-Dec-01 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its first hypermarket in Kostroma.

The new store is a Lenta compact format hypermarket located at 11 Davydovskiy micro district, Kostroma. The store has a total area of 8,165 sq.m with 4,781 sq.m of selling space and is open from 8.00 am till 11.00 pm, seven days a week. A broad product assortment of 17,000 SKUs has been selected specifically for residents of Kostroma and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 450 parking spaces and 26 cash registers. The property is owned by Lenta.The opening in Kostroma is Lenta’s thirtieth hypermarket opening in 2016 and brings the total number of Lenta stores to 169 hypermarkets in 76 cities across Russia and 43 supermarkets in Moscow and St. Petersburg.

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fifth largest retail chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 169 hypermarkets in 76 cities across Russia and 43 supermarkets in Moscow and St. Petersburg, with a total of approximately 1,043,894 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,900 sq.m. The average Lenta supermarket store has selling space of approximately 1,000 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 34,134 people as of 30 June 20161.

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com, or contact:

Lenta
Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

Anastasia Kuznetsova,
Corporate Communications Manager
Тel:+7 (812) 336 39 97
E-mail: a.kuznetsova@lenta.com

Citigate
International Media:
David Westover
Тel: +44 207 282 2886
E-mail: lentateam@citigatedr.co.uk

FTI Consulting
Russian Media:
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@FTIconsulting.com

Source: Lenta

RUSSIA: Lenta announces the opening of its first hypermarket in Ekaterinburg

With this opening, Lenta expands its network in the Urals to 16 hypermarkets in 8 cities

St. Petersburg, Russia, 2016-Nov-14 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its first hypermarket in Ekaterinburg.

The new store is a Lenta standard format hypermarket located at 19/1 Sibirskiy highway, Ekaterinburg. The store has a total area of 12,365 sq.m with 7,018 sq.m of selling space and is open 24 hours a day, seven days a week. A broad product assortment of 26,000 SKUs has been selected specifically for residents of Ekaterinburg and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 540 parking spaces and 40 cash registers. The property is owned by Lenta.

The opening in Ekaterinburg is Lenta’s twenty second hypermarket opening in 2016 and brings the total number of Lenta stores to 161 hypermarkets in 75 cities across Russia and 43 supermarkets in Moscow and St. Petersburg.

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fifth largest retail chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 161 hypermarkets in 75 cities across Russia and 43 supermarkets in Moscow and St. Petersburg, with a total of approximately 997,460 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,900 sq.m. The average Lenta supermarket store has selling space of approximately 1,000 sq.m. The Company operates six owned hypermarket distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 34,134 people as of 30 June 20161.

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com, or contact:

Lenta
Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

Anastasia Kuznetsova,
Corporate Communications Manager
Тel:+7 (812) 336 39 97
E-mail: a.kuznetsova@lenta.com

Citigate
International Media:
David Westover
Тel: +44 207 282 2886
E-mail: lentateam@citigatedr.co.uk

FTI Consulting
Russian Media:
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@FTIconsulting.com

Source: Lenta

Lenta announces the opening of its first hypermarket in Novoshakhtinsk

With this opening, Lenta expands its network in the South region to 21 hypermarkets in 13 cities

St. Petersburg, Russia, 2016-Nov-09 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its first hypermarket in Novoshakhtinsk.

The new store is a Lenta compact format hypermarket located at 201 Kharkovskaya str., Novoshakhtinsk. The store has a total area of 7,849 sq.m with 4,300 sq.m of selling space and is open from 8 am to 11 pm, seven days a week. A broad product assortment of 17,000 SKUs has been selected specifically for residents of Novoshakhtinsk and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 408 parking spaces and 22 cash registers. The property is owned by Lenta.

The opening in Novoshakhtinsk is Lenta’s twenty first hypermarket opening in 2016 and brings the total number of Lenta stores to 160 hypermarkets in 74 cities across Russia and 42 supermarkets in Moscow and St. Petersburg.

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fifth largest retail chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 160 hypermarkets in 74 cities across Russia and 42 supermarkets in Moscow and St. Petersburg, with a total of approximately 989,479 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,900 sq.m. The average Lenta supermarket store has selling space of approximately 1,000 sq.m. The Company operates six owned hypermarket distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 34,134 people as of 30 June 20161.

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com, or contact:

Lenta
Anna Meleshina
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

Anastasia Kuznetsova
Corporate Communications Manager
Тel:+7 (812) 336 39 97
E-mail: a.kuznetsova@lenta.com

Citigate
International Media:
David Westover
Тel: +44 207 282 2886
E-mail: lentateam@citigatedr.co.uk

FTI Consulting
Russian Media:
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@FTIconsulting.com

1 FTE (full-time equivalent). Average FTE for 1H 2016 was 33,758 employees

Source: Lenta

LuLu Group strengthens its retail presence in the Far East with the opening of its first hypermarket in Malaysia

Kuala Lumpur, Malaysia , 2016-Jun-29 — /EPR Retail News/ — Kuala Lumpur: LuLu Group further consolidate its retail presence in the Far East by opening the first LuLu Mall with hypermarket in Malaysia. The 250,000 sq. ft. hypermarket was inaugurated by the Malaysian Prime Minister Datuk Sri Najib Tun Razak in the presence of Dato Sri Dr. Ahmed Zahid Hamidi, Dy. Prime Minister, Minister of Agriculture, Govt. officials, Ambassadors of UAE and the High Commission of India, and other dignitaries.

The group had recently announced its plans to invest US$ 300 million RM 1.3 billion as part of its expansion and intends to set up 10 hypermarkets in the next 5 years in the country.

The new hypermarket is ideally located in the CapSqaure, Jalan Munshi area of Kuala Lumpur, and is expected to be one of its kind in the country and will attract a large segment of population from all walks of life with its attractive product offers and range. The new hypermarket is spread in 3 levels and combines everything from grocery and supermarkets products to fashion, household and latest electronics and gadgets. Hot food from around the world, fresh seafood and locally grown produce are some of the key highlights in the supermarket area.

Speaking at the inaugural ceremony, Prime Minister Najeeb Razak said “We are very pleased to welcome LuLu brand to Malaysia as this will pave way for more international brands to come and invest in Malaysia. I am also hopeful that LuLu will surely open many more hypermarkets and malls not only in Kuala Lumpur, but also in other parts of Malaysia.”

“With an initial investment of $300 million in the first phase, we plan to open 10 hypermarkets by end of 2021 and a central logistics and warehousing facility in Malaysia. These projects are likely to generate more than 5,000 job opportunities for Malaysians,” said Yusuff Ali M.A., Chairman, LuLu Group, while commenting about the first LuLu Hypermarket in the country. “We also plan to set up contract farming to ensure continuous supply of high quality products and to support the Malaysian agriculture sector,” he added.

“Today the whole world knows about Malaysia’s economic stability, investor friendly approach, liberalized policies and world-class infrastructure and we are confident about our success here and our hypermarkets encompass both supermarket and department store formats and we intend to bring a whole new world of shopping to the residents of Malaysia.” He added that other hypermarkets would be opening in Kota Baru Kelantan, Shah Alam Selangor, Johar Baru, Bangi, Ipoh Perak, Malacca, Penang and Kuala Terengganu.

Apart from the 10 hypermarkets which are already planned, Yusuff Ali also announced the group’s plan to invest another US$ 500 million in setting up the largest shopping mall in Malaysia.

During his official visit to UAE in 2014, Malaysian Prime Minister Dato Sri Najeeb Razak had visited LuLu Hypermarket in Abu Dhabi and expressed keen desire to have LuLu in Malaysia. He was especially impressed by the high standards of operations, quality of products & service, and also the wide variety of products available in LuLu.

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LuLu Group strengthens its retail presence in the Far East with the opening of its first hypermarket in Malaysia

LuLu Group strengthens its retail presence in the Far East with the opening of its first hypermarket in Malaysia

 

Source: Lulu Group