Tag Archives: Moscow

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Lenta announces the opening of its forty fourth supermarket in Moscow

St. Petersburg, Russia, 2018-Feb-20 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its forty fourth supermarket in Moscow.

The new store is a Lenta supermarket located in Selyatino, Naro-Fominsk district, 10a Bolnichnaya street. The store has a total area of 1,146 sq.m with 666 sq.m of selling space and is open from 8 am to 11 pm, seven days a week. A broad product assortment of 5,500 SKUs has been selected specifically for residents of Selyatino and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 20 parking spaces and 6 cash registers. The property is leased by Lenta.

This opening in Selyatino is Lenta’s first supermarket opening in 2018 and brings the total number of Lenta stores to 231 hypermarkets in 84 cities across Russia and 98 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region.

About Lenta
Lenta is the largest hypermarket chain in Russia and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 231 hypermarkets in 84 cities across Russia and 98 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,382,777 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,600 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 40,400 people as of 30 June 20171.

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
Maria Filippova
Public Relations and Government Affairs Manager
Tel.: +7 812 380-61-31 ext.: 1892
E-mail: maria.filippova@lenta.com

NW Advisors
Russian Media
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@nwadvisors.com

FTI Consulting
International Media:
Leonid Fink & Victor Pomichal

Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com
victor.pomichal@fticonsulting.com

Source: Lenta

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Lenta announces the opening of its nineteenth hypermarket in Moscow

St. Petersburg, Russia, 2017-Dec-13 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its nineteenth hypermarket in Moscow.

The new store is Lenta “standard” format hypermarket located in Vidnoe at Kashirskoe highway in Retail Park Vidnoe shopping mall. The store has a total area of 13,760 sq.m with 7,341 sq.m of selling space and is open around-the-clock, seven days a week. The store has 1,090 parking spaces and 35 cash registers including 10 self-checkout lanes. The property is owned by Lenta.

The new store offers a broad product assortment of 28,500 SKUs, which has been selected specifically for residents of Vidnoe and includes Lenta’s private labels and federal product ranges alongside local produce.

The new opening is Lenta’s twenty eighth hypermarket launch in 2017 and brings the total number of Lenta stores to 219 hypermarkets in 79 cities across Russia and 77 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region.

About Lenta
Lenta is the largest hypermarket chain in Russia and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 219 hypermarkets in 79 cities across Russia and 77 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,310,994 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 40,400 people as of 30 June 20171.

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
E-mail: pr@lenta.com

NW Advisors
Russian Media
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@nwadvisors.com

FTI Consulting
International Media:
Leonid Fink & Victor Pomichal

Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com
victor.pomichal@fticonsulting.com

Source: Lenta

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Russian food retailer X5 opens its first Karusel hypermarket in Klin, Moscow region

Klin, 2017-Dec-04 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces the opening of its first Karusel hypermarket in Klin, Moscow region.

The new store, boasting a sales area of around 4,200 sq m, is located in a stand-alone building near Leningradskoe Highway at 9 Pobedy St.

The hypermarket offers 19,000 SKUs. Karusel cooperates closely with domestic suppliers: 90% of its food products are manufactured in Russia. The store’s suppliers include Moscow region producers, such as the Klinsky Bread Baking Complex, Shelkovohleb, Dedovsky Khleb, the Elinar-Broiler Poultry Farm and CHERKIZOVO Trading House.

The Karusel hypermarket features a wide range of products prepared in-store. Its bakery makes delicious fresh tandoor flatbreads and pizza. In addition to the standard menu items, the store cooks will take customised orders.

With 24 checkouts, this Karusel store will have a high throughput even during peak hours. The new hypermarket helped create over 170 new jobs.

X5 operates 11 Karusel hypermarkets in the Moscow region.

Karusel hypermarkets are one-stop shops for a variety of reasonably priced products. In addition to affordable prices, Karusel offers discounts for pensioners (5% from opening until 1 pm) and frequent shoppers (Karusel loyalty cardholders), as well as seasonal sales and special promotions.

For further details please contact:
Maxim Novikov
Head of Investor Relations
Tel.: +7 (495) 502-9783
e-mail: Maxim.Novikov@x5.ru

Andrey Vasin
Investor Relations Officer
Tel.:+7 (495) 662-88-88 ext. 21-456
e-mail: Andrey.Vasin@x5.ru

SOURCE: X5 Retail Group N.V.

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Lenta announces the opening of two new hypermarkets in Moscow

St. Petersburg, Russia, 2017-Nov-21 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of two new hypermarkets in Moscow. The stores open on premises previously operated under the NASH hypermarkets brand, as part of the long-term lease agreement signed in July.

The new stores are Lenta compact format hypermarkets. The first store is located at 10/2 Bibirevskaya street. The store has a total area of 8,053 sq.m with 3,189 sq.m of selling space and is open 24 hours a day, seven days a week. The store has 230 parking spaces and 20 cash registers including 4 self-checkout lanes. The property is leased by Lenta.

The second store is located at 1 Cheremushkinskaya street. The store has a total area of 11,320 sq.m with 5,063 sq.m of selling space and is open around-the-clock, seven days a week. The store has 24 cash registers including 4 self-checkout lanes. The property is leased by Lenta.

New stores offer a broad product assortment of 12,500 and 21,500 SKUs which has been selected specifically for residents of Moscow and includes Lenta’s private labels and federal product ranges alongside local produce.

New stores bring the Lenta chain in Moscow to 23 hypermarkets and 40 supermarkets.

The new openings are Lenta’s twenty fourth and twenty fifth hypermarket launches in 2017 and bring the total number of Lenta stores to 216 hypermarkets in 79 cities across Russia and 71 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region.

About Lenta
Lenta is the largest hypermarket chain in Russia and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 216 hypermarkets in 79 cities across Russia and 71 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,290,772 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 40,400 people as of 30 June 20171.

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
E-mail: pr@lenta.com

NW Advisors
Russian Media
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@nwadvisors.com

FTI Consulting
International Media
Leonid Fink & Victor Pomichal
Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com
victor.pomichal@fticonsulting.com

Source: Lenta

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Lenta announces the opening of its fortieth supermarket in Moscow

St. Petersburg, Russia, 2017-Nov-20 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its fortieth supermarket in Moscow.

The new store is a Lenta supermarket located at 4 Sokolnicheskaya street, Moscow. The store has a total area of 1,476 sq.m with 925 sq.m of selling space and is open from 8 am to 11 pm, seven days a week. A broad product assortment of 7,800 SKUs has been selected specifically for residents of Moscow and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 8 cash registers. The property is leased by Lenta.

This opening in Moscow is Lenta’s twenty third supermarket opening in 2017 and brings the total number of Lenta stores to 214 hypermarkets in 79 cities across Russia and 71 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region.

About Lenta
Lenta is the largest hypermarket chain in Russia and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 214 hypermarkets in 79 cities across Russia and 71 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,282,520 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 40,400 people as of 30 June 20171.

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
E-mail: pr@lenta.com

NW Advisors
Russian Media
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@nwadvisors.com

FTI Consulting
International Media:
Leonid Fink & Victor Pomichal
Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com
victor.pomichal@fticonsulting.com

Source: Lenta

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Lenta announces the opening of five new hypermarkets in Moscow

Saint-Petersburg, Russia, 2017-Nov-16 — /EPR Retail News/ — Lenta (LSE, MOEX: LNTA), one of the largest retail chains in Russia, announces the launch of five new hypermarkets in Moscow. The stores open on premises previously operated under the NASH hypermarkets brand, as part of the long-term lease agreement signed in July.

The new standard and compact hypermarkets were opened on Yaroslavskoye Highway, Orekhovyi Boulevard, Dmitrovskoye Highway, Reutov, and Govorovo following a complete renovation and comprehensive internal refurbishment of the premises. The product mix on offer is tailored to the needs of Moscow residents and features between 20,000 and 28,500 SKUs. As is traditional for Lenta, along with nationally supplied products and private labels, the stores also offer wide assortment of local produce. To ensure customers’ convenience, the stores are complete with parking areas, a larger number of checkouts, and self-checkout points. The hypermarkets are open 24 hours a day, seven days a week.

Lenta’s Chief Executive Officer Jan Dunning said:
“Despite entering the Moscow market later than our competitors, we are rapidly expanding our footprint here. Lenta opened its first store in Moscow in 2013, and ended that year with 10 supermarkets and one hypermarket in full operation. Currently, our presence in Moscow is comprised of 21 hypermarkets and 39 supermarkets. Moving forward, we plan to open four more hypermarkets before the end of the year, almost doubling our market presence in Moscow’s hypermarket segment. By the end of 2017, Lenta will become the second largest player in the Moscow hypermarket space.”

The newly opened stores bring the Lenta chain to 214 hypermarkets in 79 Russian cities, and 70 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg, and the Central Region.

About Lenta
Lenta is the largest hypermarket chain in Russia and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 214 hypermarkets in 79 cities across Russia and 70 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,281,595 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 40,400 people as of 30 June 20171.

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.

Contact:

Lenta
E-mail: pr@lenta.com

NW Advisors
Russian Media
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@nwadvisors.com

FTI Consulting
International Media:
Leonid Fink & Victor Pomichal

Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com

Source: Lenta

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Lenta announces the opening of its thirty ninth supermarket in Moscow

St. Petersburg, Russia, 2017-Nov-04 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its thirty ninth supermarket in Moscow.

The new store is a Lenta supermarket located at 3-rd Pochtovoe Otdeleniye 53А, shopping center “12 mesyacev”, Lyubertsy, Moscow region. The store has a total area of 1,502 sq.m with 934 sq.m of selling space and is open from 8 am to 11 pm, seven days a week. A broad product assortment of 7,800 SKUs has been selected specifically for residents of Lyubertsy and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 70 parking spaces and 8 cash registers. The property is leased by Lenta.

This opening in Moscow is Lenta’s twenty first supermarket opening in 2017 and brings the total number of Lenta stores to 202 hypermarkets in 79 cities across Russia and 69 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region.

About Lenta
Lenta is the largest hypermarket chain in Russia and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 202 hypermarkets in 79 cities across Russia and 69 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,212,170 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 40,400 people as of 30 June 20171.

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.

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

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X5 to divest small-format convenience stores operating under the Perekrestok Express brand in Moscow

Moscow, 2017-Oct-17 — /EPR Retail News/ — X5 Retail Group (“X5” or “the Company”), a leading Russian food retailer (LSE: FIVE), plans to concentrate on its three major formats: Pyaterochka proximity stores, Perekrestok supermarkets and Karusel hypermarkets. The Company’s small-format convenience stores operating under the Perekrestok Express brand in Moscow will be put on sale. X5 has selected Renaissance Capital to assist with preparation of the deal. Perekrestok Express accounts for less than 1% of X5’s revenue.

X5 Retail Group CEO Igor Shekhterman said: “Convenience stores like those that Perekrestok Express operates in Moscow, which have a selling space of up to 200 sq m, certainly have potential. However, they represent a fairly narrow segment of Russia’s modern food retail market, in which proximity stores, supermarkets and hypermarkets occupy more than a 90% share. With our market share in these formats steadily growing, we have decided to focus our full attention on continuing to develop the customer value propositions of Pyaterochka, Perekrestok and Karusel, including in Moscow.”

This year, X5 has successfully bolstered its major retail formats, while also improving the quality of its store portfolio in Moscow. To achieve this, the Company has, among other things, leased over 100 premises that previously hosted Monetka and Sedmoi Kontinent stores. By the end of this year, these locations will reopen as Pyaterochka stores and Perekrestok supermarkets.

For further details please contact:
Maxim Novikov
Head of Investor Relations
Tel.: +7 (495) 502-9783
e-mail: Maxim.Novikov@x5.ru

Andrey Vasin
Investor Relations Officer
Tel.:+7 (495) 662-88-88 ext. 21-456
e-mail: Andrey.Vasin@x5.ru

Source: X5 Retail Group

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RUSSIA: Lenta announces the opening of its thirty seventh supermarket in Moscow

St. Petersburg, Russia, 2017-Oct-11 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its thirty seventh supermarket in Moscow.

The new store is in 6 Partizan street, Tuchkovo. The store has a total area of 1,053 sq.m with 640 sq.m of selling space and is open from 8 am to 11 pm, seven days a week. A broad product assortment of 5,500 SKUs has been selected specifically for residents of Moscow Region and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 6 cash registers. The property is leased by Lenta.

This opening in Tuchkovo is Lenta’s seventeenth supermarket opening in 2017 and brings the total number of Lenta stores to 201 hypermarkets in 79 cities across Russia and 65 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg 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 201 hypermarkets in 79 cities across Russia and 65 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,203,497 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

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Lenta announces the opening of its 39th supermarket in Moscow

St. Petersburg, Russia, 2017-Jun-24 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its 39th supermarket in Moscow.

The new store is a Lenta large format supermarket located in Melody shopping center at 14 Avgustovskaya str., Aprelevka, Moscow region. The store has a total area of 1,434 sq.m with 923 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 6,900 SKUs has been selected specifically for residents of Moscow and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 8 cash registers. The property is leased by Lenta.

This opening in Moscow is Lenta’s ninth supermarket opening in 2017 and brings the total number of Lenta stores to 195 hypermarkets in 78 cities across Russia and 57 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 Q1 2017). The Company was founded in 1993 in St. Petersburg. Lenta operates 195 hypermarkets in 78 cities across Russia and 57 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,171,523 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
Anastasia Kuznetsova
Corporate Communications Manager
Тel:+7 (812) 336 39 97
E-mail: a.kuznetsova@lenta.com

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

FTI Consulting
International Media:
Leonid Fink & Jenny Payne
Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com
Jenny.Payne@fticonsulting.com

Source: Lenta

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IMMOCHAN starts construction of the new shopping centre Aqaurelle in Moscow

IMMOCHAN starts construction of the new shopping centre Aqaurelle in Moscow

 

Moscow, Russia, 2017-Jun-07 — /EPR Retail News/ — IMMOCHAN has launched the construction of the new shopping centre Aqaurelle in Moscow region, Pushkinsky disctrict. Esta Construction has been appointed as a general contractor responsible for construction and engineering maintenance of the project. The modern project with a GBA more than 120,000 sq m is scheduled to be opened on Yaroslavskoye highway in Q4 2018.

SEC Aquarelle will appear on the evening side of the Yaroslavskoye highway in Pushkino district – one of the most densely populated in Moscow region. It has tremendous dynamics of the new residential blocks and districts construction whilst there is high demand on contemporary shopping & entertainment centers and considerable low supply. The catchment area comprises such towns of Moscow region as Ivanteevka, Krasnoarmeysk, Korolev and administrative center of the district – Pushkino city.

The new shopping & entertainment shopping centre will comprise the shopping galleries with famous international & local brands in mid-price segment, multiplex cinema operated by MORI CINEMA as well as popular café & restaurant chains and fast food concepts. With 48,000 sq m of GLA there will be more than 100 shops anchored by Auchan (17,000 sqm hypermarket area) and stand-alone Baucenter DIY hypermarket (total area 19,000 sqm). For customers’ convenience the new scheme allocates a surface parking for 2,600 lots.

The key features of the project will become family leisure & entertainment center Festival House, multifunctional pedestrian and active lifestyle routes as well as free socially-important services: baby care rooms, Wi-Fi, comfortable sitting areas etc.

The new road infrastructure will be developed to guarantee the superb access to the new shopping centre by public and private transport from every direction – the system of reversal overpasses and parallel roads to Yaroslavskoye highway. Residents of Ivanteevka will be able to arrive to Aquarelle from direct access on Zelenaya roscha street.

Thierry Leconte, General Director Immochan Russia says: ‘For future development we have chosen Pushkino district due to its densely population (more than 1.4 million of people in the catchment area) and active residential development. It is also important that our future shopping & entertainment center is located on the largest federal route in Russia – Yaroslavskoye highway (part of the M8 highway) with a weekly flow of more than 400,000 vehicles. The mission of our company is to construct comfortable and eco-friendly modern shopping centres created for the harmonious life. To achieve best results we engaged international professional companies: architectural and interior design was developed by leading European specialists – Broadway Malyan and iD WAD, for construction and engineering we have chosen an experienced and reliable general contractor – ESTA Construction, a company that builds remarkable properties around the world. Considering all the above mentioned factors we are launching the construction of Aquarelle Pushkino SEC  with impressive results, showing that our concept is highly demanded by the retail community – more than 75% of retail spaces have already been leased. We are obliged to our tenants for the confidence and promise to fulfill our commitments in full and on time’.

Pavel Mori, General Dicrector MORI CINEMA Management LLC: ‘Taking into account the decrease in the volume of commissioning quality retail properties in Russia during the last years and considering the fast-changing requirements of the audience to comfort and quality of movie screenings, it is necessary to carefully approach to the new sites selection and, especially, partners. In the project such factors as location, competitive environment and commercial concept are equally important for us. Professional approach in preparation the opening of the cinema with the following qualified management of it, as well as the recognizable brand MORI CINEMA, will allow to achieve the ultimate synergy with the shopping & entertainment center to attract customers of different ages and level of welfare’.

Contact:
Philippe Roussel
International leasing director
proussel@immochan.com

Source: IMMOCHAN

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Lenta announces the opening of its new supermarket in Moscow

St. Petersburg, Russia, 2017-May-23 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its 38th supermarket in Moscow.

The new store is a Lenta large format supermarket located in City shopping center at 19, bld. 3 Pionerskaya str., Korolev city, Moscow region. The store has a total area of 1,447 sq.m with 924 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 6,900 SKUs has been selected specifically for residents of Moscow and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 8 cash registers. The property is leased by Lenta.

This opening in Moscow is Lenta’s seventh supermarket opening in 2017 and brings the total number of Lenta stores to 195 hypermarkets in 78 cities across Russia and 55 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 Q1 2017). The Company was founded in 1993 in St. Petersburg. Lenta operates 195 hypermarkets in 78 cities across Russia and 55 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,169,908 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, or contact:

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

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

FTI Consulting
International Media:
Leonid Fink & Jenny Payne
Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com
Jenny.Payne@fticonsulting.com

Source: Lenta

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Auchan Proletarskiy shopping center in Moscow opens

Auchan Proletarskiy shopping center in Moscow opens

 

Croix Cedex, France, 2017-May-04 — /EPR Retail News/ — Auchan Proletarskiy Retail gallery in a south administrative district of Moscow was opened on April, 24th. The location is great, more than 560,000 people living in a catchment area, a super busy metro station Kantemirovskaya situated in a 5-min walking distance from the site. Retail gallery of 3,840 sq m is 95% leased and today more than 25 retailers opened their stores together with Auchan hypermarket at 1pm Moscow time. We are working on O’shopping certification for the site but it is already has our signature O’shopping “look and feel”. Customers are excited, stores and hypermarket are filled with people. Congratulations to all participants of this great project!

Contact:
Philippe Roussel
International leasing director
proussel@immochan.com

Source: Immochan

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RUSSIA: Lenta announces the opening of its 37th supermarket in Moscow

St. Petersburg, Russia, 2017-Apr-13 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its 37th supermarket in Moscow.

The new store is a Lenta medium format supermarket located at 58, bld. 5 Moskovskaya str., Dolgoprudnyi city, Moscow region. The store has a total area of 1,182 sq.m with 723 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 4,800 SKUs has been selected specifically for residents of Moscow and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 6 cash registers. The property is leased by Lenta.

This opening in Moscow is Lenta’s fifth supermarket opening in 2017 and brings the total number of Lenta stores to 195 hypermarkets in 78 cities across Russia and 54 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 fifth largest retail chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 195 hypermarkets in 78 cities across Russia and 54 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,169,459 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
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

FTI Consulting
International Media:
Leonid Fink & Jenny Payne
Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com
Jenny.Payne@fticonsulting.com

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

Source: Lenta

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Lenta signs agreements with ADG Group for 36 locations of future Lenta supermarkets in Moscow

St. Petersburg, Russia, 2017-Jan-24 — /EPR Retail News/ — Lenta, (LSE, MOEX:LNTA) one of the largest retail chains in Russia, has signed lease contracts with Edisonenergo LLC, part of the ADG Group real estate development company, who are building a network of neighborhood shopping and entertainment centers across Moscow’s residential areas.

The agreements cover 36 locations for future Lenta supermarkets in Moscow shopping and entertainment centers currently under construction. All the centers are to be reconstructed on the sites of former Moscow cinemas. Each center will have an individual architectural style while delivering the concept of the project as a whole.

Attractively located in the middle of high traffic residential areas, the neighborhood shopping and entertainment centers are intended to meet the daily shopping and leisure needs of local residents. Each center will be a multi-functional space providing a wide range of consumer outlets, entertainment, and essential services, including social, cultural, and educational facilities which will draw citizens to visit them frequently.

A total of around 47,000 square meters will be leased by Lenta under ruble denominated 15 year contracts. All the rented areas conform to the specifications of Lenta’s ‘supermarket’ format, with each store’s total space varying from 740 sq m to 1,800 sq m.

The first supermarkets are scheduled to start operations in the end of 2018 with the remainder opening in 2019.

Jan Dunning, CEO of Lenta said: “Customer reaction to Lenta’s supermarket concept has been very positive since the first store was opened in Moscow in 2013 and we are pleased with the performance of our 36 existing stores in the city. We are accelerating growth in this format and this important agreement with ADG supports our strategy by adding a further 36 stores in attractive high traffic sites. We have a strong pipeline and will continue to add stores through our normal development process, giving us the potential to reach well over 100 supermarkets in Moscow within the next three years or so.”

Grigory Pechersky, Managing Director of ADG Group said: “We are offering our business partner an efficient and scalable way to expand its network across Moscow.  The main feature of our project is that we put hospitality and customer service before concrete and square footage aiming to become the leader of the local district neighborhood.

We are confident that people living close to our center will be visiting it two or three times a week.  Moreover, the exceptionally favorable locations and the use of advanced technologies and flexible formats make us uniquely positioned to be the first in the market to offer access to a loyal customer base of 2.5 million people residing within 15 minutes walking distance.  We will provide not just a shopping experience venue – we will become an integral part of our customers’ lives.”

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 190 hypermarkets in 77 cities across Russia and 50 supermarkets in Moscow, St. Petersburg and the Central region with a total of approximately 1,146,542 sq m of selling space. The average Lenta hypermarket store has selling space of approximately 5,800 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 2016 1.

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
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

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

About ADG Group
ADG Group is a pioneering urban developer whose mission is to better serve the new expectations of modern Moscow. The company was founded in 2003 with the single-minded vision of expanding the major regional centres of Russia. By 2009, ADG Group’s portfolio of projects covered over 1 million square metres with successfully implemented projects right across the country, from Kaliningrad to Novosibirsk.

In December 2014 ADG Group won the Moscow Government auction for purchasing 39 Moscow obsolete movie theaters. Rebuilding work is starting in winter 2017, and the opening of the first Neighborhood centers is planned for 2018. The project mission is to restore in Moscow residential areas spaces for meeting with families and friends, shopping and entertainment.

The total GBA of 39 objects is 470,000 sq. m. After complete Neighborhood centers commissioning in 2019 ADG Group will become the Moscow’s largest commercial real estate owner by number of objects.

For further information about ADG Group please visit www.adggroup.ru,

Contact:

Dmitriy Yurtsvayg
Marketing Director
Tel: +7 (985) 920 29 96
E-mail: d.yurtsvayg@adggroup.ru

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

Source: Lenta

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Lenta announces the opening of its 13th hypermarket in Moscow

St. Petersburg, Russia, 2016-Dec-29 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its 13th hypermarket in Moscow.

The new store is a Lenta standard format hypermarket located in Butovo Mall shopping center at 51 Checherskiy driveway, Moscow. The store has a total area of 13,644 sq.m with 7,836 sq.m of selling space and is open 24 hours, seven days a week. A broad product assortment of 26,000 SKUs has been selected specifically for residents of Moscow and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 46 cash registers. The shopping center has 2,000 parking spaces. The property is owned by Lenta.

The opening in Moscow is Lenta’s fiftieth hypermarket opening in 2016 and brings the total number of Lenta stores to 189 hypermarkets in 77 cities across Russia and 46 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 189 hypermarkets in 77 cities across Russia and 46 supermarkets in Moscow and St. Petersburg, with a total of approximately 1,137,721 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,800 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.

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

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Lenta announces the opening of its 35th supermarket in Moscow

St. Petersburg, Russia, 2016-Dec-29 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its 35th supermarket in Moscow.

The new store is a Lenta small format supermarket located at 1/26 bld.1 Eseninskiy blvd., Moscow. The store has a total area of 866 sq.m with 542 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 3,500 SKUs has been selected specifically for residents of Moscow and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 4 cash registers. The property is leased by Lenta.

The opening in Moscow is Lenta’s fourteenth supermarket opening in 2016 and brings the total number of Lenta stores to 187 hypermarkets in 77 cities across Russia and 46 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 187 hypermarkets in 77 cities across Russia and 46 supermarkets in Moscow and St. Petersburg, with a total of approximately 1,126,774 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,800 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

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

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Auchan Retail, Russia’s largest foreign investor opens its 100th hypermarket in Moscow

Croix Cedex, France, 2016-Dec-15 — /EPR Retail News/ — With a surface area of 5,970 sqm, the new store proposes 23,400 food and non-food product assortments as well as the entire offering available on auchan.ru at a Click&Collect pick-up point.

Having opened its first Russian hypermarket in Mytischi in 2002, the Auchan Retail network now operates in more than 85 cities via its 3 formats (hypermarkets, supermarkets and convenience stores), and via e-shopping.

Since the beginning of its adventure in the country, Auchan Retail invested around 200 billion roubles (€3 billion). Auchan Retail is thus the country’s largest foreign investor and a major player in its economic and social development.
Indeed, it is an active supporter of the state agricultural development programme through its own “Sector Project” that offers farmers co-financing, training and long-term partnerships. Auchan Retail Russia has 43,000 employees, making it the country’s largest foreign employer.

This inauguration in Moscow comes in the footsteps of the opening last week of Auchan’s 99th hypermarket in Tyumen in the Siberian Urals, and in advance of around ten new stores, all formats included, to be opened between now and the end of the year.

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Auchan Retail, Russia’s largest foreign investor opens its 100th hypermarket in Moscow

 

Source: Auchan Holdings

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Lenta announces the opening of its seventh own distribution centre located at Chekhov district, Moscow

St. Petersburg, Russia, 2016-Nov-17 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its seventh own distribution centre.

The new distribution centre will exclusively serve supermarkets in the Moscow and Central regions. The distribution centre is located at 3 Leshino industrial zone, Chekhov district, Moscow Region, with a total space of 31,600 sq.m. It has the capacity to serve over 150 supermarkets. The distribution centre is owned by Lenta.

The new distribution centre will help to realise operational efficiencies while adding capacity to support further development of supermarkets in the Moscow and Central regions.  Importantly, the hypermarket distribution centre which served Lenta’s Moscow supermarkets prior to this opening will now focus exclusively in serving hypermarkets in the region. This specialisation will increase the efficiency of Lenta’s hypermarket supply chain, with further improvements to come due to volume growth as a result of the continuing programme of hypermarket expansion in the Moscow and Central regions.

The total capital investment in the new distribution centre is approximately RUB 2 bln. Currently centralization ratio for supermarkets is around 65%. To maximise transportation efficiency, stores served by the new distribution centre will be supplied using Lenta’s own dedicated truck fleet.

Including this new distribution centre, Lenta’s distribution centres now have capacity to serve a total of over 250 hypermarkets and over 250 supermarkets. Lenta plans to continue to expand its national supply chain infrastructure to support further growth in the number of stores and selling space in the future.

Lenta’s Chief Executive Officer, Jan Dunning commented:
“Our supermarket format, which allows us to reach more customers in more locations, has proved to be extremely efficient and has delivered high sales densities and strong like-for-like growth. Opening this new distribution centre to serve the Moscow and Central regions is important to ensure this efficiency is maintained as we strive to meet the continuing demand for supermarkets in Moscow. We have opened 34 supermarkets in Moscow since 2013 and we see considerable potential for further expansion in the city and other locations over time.”

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 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 2016 1.

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

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Lenta announces the opening of its tenth and eleventh hypermarket in Moscow

St. Petersburg, Russia, 2016-Oct-04 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its tenth and eleventh hypermarkets in Moscow.

The larger new store is a Lenta compact hypermarket format located at 111 A Borisovo, Serpukhov district. The store has a total area of 9,363 sq.m, with 5,225 sq.m of selling space. It is open 24 hours a day, seven days a week and has 506 parking spaces and 30 cash registers. The property is owned by Lenta.

The second new store is a Lenta supercompact hypermarket format located at 125 Pushkina str., Lukhovitsy, and has a total area of 3,945 sq.m, with 2,887 sq.m of selling space. It is open from 8 am to 11 pm, seven days a week and has 270 parking spaces and 17 cash registers. The property is leased by Lenta.

The first store has a broad product assortment of 19,000 SKUs and the second one of 12,000 SKUs, both selected specifically for residents of Moscow and including Lenta’s private labels and federal product ranges alongside local produce.

These openings in Moscow are Lenta’s fifteenth and sixteenth hypermarket openings in 2016 and bring the total number of Lenta stores to 155 hypermarkets in 72 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 155 hypermarkets in 72 cities across Russia and 42 supermarkets in Moscow and St. Petersburg, with a total of approximately 963,373 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 6,000 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 2016 1.

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’.

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 and Marina Zakharova
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

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O’KEY Group S.A announces the opening of its 72nd hypermarket in Moscow

MOSCOW, Russia, 2016-Aug-12 — /EPR Retail News/ — O’KEY Group S.A (LSE: OKEY), one of the largest food retailers in Russia, announces the opening of a new hypermarket in Moscow, the Group’s 72 d hypermarket in Russia and 158th store in the total Group portfolio.

The new hypermarket with the total area of over 10,000 sq.m. and sales area of 6,500 sq.m. opened in Kosino Park mall at 1a, Svyatoozerskaya street. It will target the inhabitants of the fast-growing Kosino-Ukhtomskiy district and the transit traffic towards Lubertsy. Part of the mall where the hypermarket is located is owned by the Group.

New store is a typical example of a “compact/сity hypermarket”. Good transport infrastructure within this area and a parking lot for 900 cars make it easily accessible for customers coming in cars to do their weekly shopping. And the store is located within walking distance from residential buildings, making it convenient for daily shopping. The store is also equipped with a pick-up point for deliveries made at our online store www.okeydostavka.ru.

Mr. Heigo Kera, the Chairman of the Board and the CEO of the Group, commented,
“The Moscow market with its strong growth potential is strategically important for the Group. We are growing our footprint in the region both in hypermarket/supermarket format and in the discounter format under the DA! brand. In the new store at Svyatoozerskaya street we have for the first time introduced in the Moscow market the renewed approach to zoning and design of the selling space in hypermarkets. We are catering to the needs of modern, rational сonsumers who want the stores to be convenient and well-organized. New zoning and easier in-store navigation enable customers to easily find the products they need and spend less time on shopping, while this approach also allows us to use selling space in a more efficient way.”

COMPANY OVERVIEW

O’KEY is one of the largest retail chains in Russia. Its primary retail format is the modern Western European style hypermarket under the “O’KEY” brand reinforced by O’KEY supermarket. The Group is developing the innovative discounter format under the “DA!” brand. O’KEY is the first among Russian food retailers to launch e-commerce operations in St. Petersburg and Moscow based on hypermarket assortment.

The Group opened its first hypermarket in St. Petersburg in 2002 and has demonstrated continuous growth ever since. As of 10 August 2016, O’KEY operates 158 stores across Russia: 72 hypermarkets, 37 supermarkets and 49 discounters.

For further information please contact:
Nikolai Minashin
Head of Investor Relations Ph.
+7(495)663-6677, ext. 127
e-mail: Nikolay.Minashin@okmarket.ru www.okeyinvestors.ru

Source: O’KEY

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Prada opens 670-square meter space store at the GUM Mall in Moscow

Moscow, Russia, 2016-Aug-05 — /EPR Retail News/ — Fashion is an experience in intimacy. The relationship between garment and wearer creates a personal narrative informed by texture and color, contrast and complement. Garments toy with perception – who we are, who we will be – realized in the way we dress. The Prada store at the GUM Mall in Moscow has evolved into a new constellation of intimate rooms featuring the Men’s and Women’s collections. The new experience embraces femininity and masculinity, light, texture, color, all within the two- level, 670-square meter space.

Overlooking Moscow’s Red Square, the new store features large windows that convey the interior spaces to the passers-by. Marble, velvet, and glass invite customers into the luxurious space. The interior preserves the original GUM vaulted ceiling, while the Prada’s classic black-and-white chequered marble floor pays homage to the original boutique in the Galleria Vittorio Emanuele II in Milan. Comprising elegant rooms and retail salons, the store is replete with signature Prada colors and textures: velvet, marble, glass, in the familiar Encausto Green.

Prada at the GUM Mall embodies the twinned contradictions of the Prada brand. The retail experience is an investigation of space, culminating in the moments generated in grand rooms and unique salons. The intense design, detailing, and materiality reflect Prada’s century long commitment to craftsmanship and luxury since Mario Prada founded his first shop in Milan in 1913. Luxury and care are integral to the Prada GUM experience, manifested in the typology of highly crafted intimacy. Prada’s focus remains, as always, on customer service: the comfort, surprise, and delight of the customer is paramount.

For further information:

Prada Press Office
Ph. +39.02.541921
e-mail: ufficio.stampa@prada.com

Source: Prada