Tag Archives: Russia

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

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

 

St. Petersburg, Russia, 2017-Dec-22 — /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 Cherkessk, Republic of Karachaevo-Cherkessiya.

The new store is Lenta “compact” format hypermarket located in Cherkessk, 387 Lenina street. The store has a total area of 7,950 sq.m with 4,311 sq.m of selling space and is open from 8 am to 11 pm, seven days a week. The store has 345 parking spaces and 18 cash registers including 4 self-checkout lanes. The property is rented by Lenta.

The new store offers a broad product assortment of 17,000 SKUs, which has been selected specifically for residents of Cherkessk and includes Lenta’s private labels and federal product ranges alongside local produce.

The new opening is Lenta’s thirty third hypermarket launch in 2017 and brings the total number of Lenta stores to 224 hypermarkets in 81 cities across Russia and 78 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 224 hypermarkets in 81 cities across Russia and 78 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,338,226 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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RUSSIA: Lenta announces the opening of its second hypermarket in Kazan

St. Petersburg, Russia, 2017-Dec-08 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its second hypermarket in Kazan.

The new store is a Lenta compact format hypermarket located in 21A bld.2, Adoratskogo street, Kazan. The store has a total area of 8,744 sq.m with 5,196 sq.m of selling space and is open within 24 hours, seven days a week. A broad product assortment of 20,500 SKUs has been selected specifically for residents of Kazan and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 353 parking spaces and 27 cash registers including 4 self-checkout lanes. The property is owned by Lenta.

This opening in Kazan is Lenta’s twenty seventh hypermarket opening in 2017 and brings the total number of Lenta stores to 218 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 218 hypermarkets in 79 cities across Russia and 77 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,303,653 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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RUSSIA: Lenta launches its ‘Christmas Tree of Wishes’ charity event to help make New Year’s wishes of children in foster care come true

Saint Petersburg, Russia, 2017-Dec-08 — /EPR Retail News/ — Lenta (LSE, MOEX: LNTA), one of the largest retail chains in Russia, launches its ‘Christmas Tree of Wishes’ charity event to help children in institutional foster care make their New Year’s wishes come true.

Lenta customers will have the opportunity to act as Santa Claus, helping make the New Year’s wishes of children in state-sponsored foster care homes and specialised institutions come true. Christmas trees will be decorated with children’s wish cards in 179 Lenta hypermarkets across 76 Russian cities.

Taking part in the event is easy: customers need only choose a child’s wish card from the tree and purchase the New Year’s present listed within. Lenta will then collect all the gift items and send them to participating foster care homes and institutions, ensuring that every child receives a gift from Santa Claus during the New Year’s celebrations. Gifts will be collected in stores until the end of December, and will benefit around 6,000 children from 170 social institutions throughout Russia.

Lenta’s Chief Executive Officer Jan Dunning said:
“New Year is one of the most important and beloved holidays in the Russian calendar – a time of affection and generosity. We invite our customers to join our ‘Christmas Tree of Wishes’ initiative and become a part of the New Year’s magic for several thousand children living in state sponsored foster care homes. I hope this event will become a great tradition, for we all know that giving a gift is as heart-warming as receiving one.”

The ‘Christmas Tree of Wishes’ event was first held in 2015 five stores in the North West Region of Russia, at the initiative of our employees.

Thirty two Lenta hypermarkets in eight cities took part in the event in 2016, granting the wishes of over 1,300 children from 30 specialised institutions.

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 217 hypermarkets in 79 cities across Russia and 77 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,298,457 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 2017[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
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
Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com

Source: Lenta

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RUSSIA: Lenta announces the opening of its first supermarket in Vladimir region

St. Petersburg, Russia, 2017-Dec-01 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of the first supermarket in Vladimir region.

The new store is located in Aleksandrov, Vladimir Region at 13 Lenina street. The store has a total area of 778 sq.m with 446 sq.m of selling space and is open from 8 am to 11 pm, seven days a week. A broad product assortment of 3,600 SKUs has been selected specifically for residents of Aleksandrov and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 80 parking spaces and 4 cash registers. The property is leased by Lenta.

This opening in Aleksandrov is Lenta’s twenty ninth supermarket opening in 2017 and brings the total number of Lenta stores to 217 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 217 hypermarkets in 79 cities across Russia and 77 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,298,457 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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RUSSIA: Lenta announces the opening of two new supermarkets in Yekaterinburg

St. Petersburg, Russia, 2017-Dec-01 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of two new supermarkets in Yekaterinburg.

The first store is located at 200 Moskovskaya street. The store has a total area of 1,494 sq.m with 983 sq.m of selling space. The store has 72 parking spaces and 8 cash registers.

The second supermarket is at 3 Kuznetsova street. The store has a total area of 934 sq.m with 389 sq.m. The store has 21 parking spaces and 4 cash registers.

Stores offer a broad product assortment of 7,800 and 3,600 SKUs which has been selected specifically for residents of Yekaterinburg and includes Lenta’s private labels and federal product ranges alongside local produce. Both stores operate from 8 am to 11 pm, seven days a week.The properties are leased by Lenta.

The new openings are Lenta’s twenty seventh and twenty eights supermarket launches in 2017 and bring the total number of Lenta stores to 217 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 217 hypermarkets in 79 cities across Russia and 77 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,298,457 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 sixth supermarket in Novosibirsk, Russia

St. Petersburg, Russia, 2017-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 sixth supermarket in Novosibirsk.

The new store is a Lenta supermarket located at 2/2 Volochaevskaya street, Novosibirsk. The store has a total area of 1,181 sq.m with 630 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 Novosibirsk and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 20 parking lots and 6 cash registers. The property is leased by Lenta.

This opening in Novosibirsk is Lenta’s twenty sixth supermarket opening in 2017 and brings the total number of Lenta stores to 217 hypermarkets in 79 cities across Russia and 74 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 217 hypermarkets in 79 cities across Russia and 74 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,296,639 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
Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com

Source: Lenta

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Visa releases travel and spend data timed with the Final Draw for the 2018 FIFA World Cup Russia™

Visa, the Official Payment Service Partner of FIFA, releases travel and spend data timed with the Final Draw for the 2018 FIFA World Cup Russia™

SAN FRANCISCO, 2017-Nov-29 — /EPR Retail News/ — In celebration of the Final Draw for the 2018 FIFA World Cup Russia™, Visa (NYSE: V), the Official Payment Service Partner of FIFA, released travel and spending data for the 2018 FIFA World Cup™. Throughout official FIFA venues, Visa will enable a cash-free fan experience by implementing point-of-sale terminals that accept a Visa credit or debit card and a range of digital payments, such as those made via phone or watch.

These enhancements ensure official FIFA venues are equipped with the latest in payment innovation and are ready for the increase in expected international visitors to Russia. Based on spending trends and insights from Visa, it is projected that Russia will host an additional 300,000 to 500,000 international visitors1 during the months of June and July 2018, on top of a baseline average of 4.3 million total international visitors2 to Russia during that same time period over the past four years.

Based on historical data1 from the previous four FIFA World Cup™ tournaments, Visa projects foreign visitors to Russia will represent a 6 to 10 percent increase in foreign visitors to the country in June and July 2018. The largest share of non-native travelers to Russia are forecast to come from:

  • Europe (69 percent)
  • Asia Pacific (12 percent)
  • Americas (8 percent)

Based on historical data3 from the 2014 FIFA World Cup Brazil™, Visa anticipates Russia can expect to see an increase in per traveler spending. On average, visitors attending the 2014 FIFA World Cup Brazil™ spent 31 percent more3 per card than regular tourists in Brazil. Visa projects this difference was a result of FIFA World Cup™ fans spending:

  • Over 25 percent more at restaurants
  • Over 10 percent more on transportation
  • Close to 10 percent more on lodging

“As the Official Payment Service Partner of FIFA, Visa is excited for fans all over the world to join us in Russia,” said Ekaterina Petelina, country manager, Visa Russia. “From unveiling the latest payment innovations to upgrading payment terminals to allow for contactless cards and digital payments, such as those made via phone or watch, throughout official venues, Visa will continue to elevate the fan experience. Visa provides simple and secure payment options for those in attendance, so they can get back to their seats quickly and focus on the match.”

Global ticket sales for the 2018 FIFA World Cup Russia™ continue to perform well, as FIFA recently reported4 that:

  • Close to 800,000 tickets have been sold so far to the FIFA World Cup global fan base.
  • Nearly 50 percent of the ticketing demand is coming from the host country, Russia, with Argentina, Australia, Brazil, China, Colombia, Germany, India, Mexico and the United States making up the largest number of international requests.

To ensure fans have a seamless and secure payment experience when attending the 2018 FIFA World Cup Russia™, Visa developed the following recommended travel tips that fans can take advantage of.

Know Before You Go to Russia

  • Notify your issuing bank or financial institution of anticipated travel plans, including use of Visa debit, credit or prepaid cards abroad to avoid any issues while processing transactions. Issuing banks can also provide information about travel-related benefits for Visa account holders, including opt-in mobile services, such as Mobile Location Confirmation through your bank’s mobile app or Visa’s Travel Authorization Tag.
  • Register for SMS notifications with your specific bank, or the bank’s transaction notification service, to track purchases made on your Visa accounts as you travel.
  • Set up automatic bill pay for any credit cards to give you some peace-of-mind that your account will be current while traveling abroad.
  • Make two copies of important travel documents, namely your passport, in case of emergency. Leave one copy with a friend or relative and carry the other separate from your original documents. You can also take a photo with your cellphone of important documents.

Travel Tips for Fans in Russia

  • When paying by card, pay in “local currency” for a competitive exchange rate.
  • Use a credit or debit card for purchases. Visa offers security, convenience and ease when paying abroad. It is safer than carrying cash.
  • Whenever possible, pay through a chip-activated terminal when using your credit or debit card for enhanced security.
  • Look for the Visa or PLUS logo at any point-of-sale terminal to ensure international payment cards are accepted.

As the Official Payment Service Partner of the 2018 FIFA World Cup Russia™, Visa will be celebrating the spirit of football in Russia and is looking forward to showcasing the future of digital payments with fans from all over the globe. For additional information on Visa’s sponsorship of the 2018 FIFA World Cup Russia™, visit www.visa.com.

Methodology

Visa International Travel (VISIT) platform is a proprietary model that combines Visa’s cardholder data with publicly-available cross-border arrival statistics. The database provides a comprehensive view into high-frequency cross-border travel flows, currently encompassing the top 82 origin and destination countries, which collectively account for more than 80 percent of global travel. VISIT combines unique counts of Visa cardholders that register a face-to-face transaction at a merchant outside their home country in a given calendar month with other transaction data such as average spend per cardholder, card usage patterns at lodging merchants and others. Visa uses this data to econometrically model official arrival statistics compiled by various government sources and to generate estimates that fill in the large gaps existing in the cross-border travel data.

About Visa Inc.

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit usa.visa.com/aboutvisa, visacorporate.tumblr.com and @VisaNews.

1 Estimate based on the Visa International Travel (VISIT) platform, 2002-2014.

2 Visa International Travel (VISIT) platform, four-year average, 2014-2017.

3 VisaNet 2014.

4 See FIFA.com/tickets for more information about ticket sales for the 2018 FIFA World Cup™.

Contact:
Sheerin Salimi
shesalim@visa.com

Source: Visa Inc.

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RUSSIA: Lenta announces the opening of its twenty second supermarket in Saint-Petersburg

St. Petersburg, Russia, 2017-Nov-29 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its twenty second supermarket in Saint-Petersburg.

The new store is a Lenta supermarket located at 50 Chkalovskiy avenue, Saint-Petersburg. The store has a total area of 1,205 sq.m with 674 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 Saint-Petersburg 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 St. Petersburg is Lenta’s twenty fifth supermarket opening in 2017 and brings the total number of Lenta stores to 217 hypermarkets in 79 cities across Russia and 73 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 217 hypermarkets in 79 cities across Russia and 73 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,296,009 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
Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com

Source: Lenta

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Lenta becomes the exclusive seller of high-quality products under the Pirkka brand in Russia

St. Petersburg, Russia, 2017-Nov-27 — /EPR Retail News/ — Lenta (LSE, MOEX: LNTA), one of the largest retail chains in Russia, announces the start of sales of Pirkka branded products in Lenta stores across St. Petersburg, Petrozavodsk, and Murmansk.

Pirkka is a well-known private label by the Finnish conglomerate Kesko. Lenta purchased 11 hypermarkets of Kesko in Saint-Petersburg previously operated under the K-Ruoka brand at the end of 2016. Today, the two companies announce the launch of a new partnership: Lenta will become the exclusive seller of high-quality products under the Pirkka brand in Russia.

Initially, Lenta hypermarkets and supermarkets will offer a range of 80 SKUs in the categories of dry food, confectionery, and household chemicals. These products, already known and loved by the residents of Russia’s “Northern capital”, are manufactured to high Finnish quality standards by leading European enterprises. For now, the products will be available in Lenta’s stores in St. Petersburg, Murmansk, and Petrozavodsk only, where the Company operates 38 hypermarkets and 18 supermarkets.

Herman Tinga, Lenta’s Commercial Director, said:
“We are pleased to announce the return of the Pirkka brand to St. Petersburg. These are high-quality products from Finland that have already earned their reputation as the ‘Finnish quality benchmark’. We know that these products are widely popular in St. Petersburg, and we are happy to provide our customers with their preferred ranges at competitive prices. This year, we will increase number of private label SKUs by approx. 30%, including through beefing up our ranges of exclusive food products that are not to be found in other retail chains. We expect this will make our stores even more attractive to our customers.”

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 217 hypermarkets in 79 cities across Russia and 72 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,295,335 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 
Тel:+7 (812) 336 39 97
E-mail: pr@lenta.com

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

Source: Lenta

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RUSSIA: Lenta announces the opening of its fifth supermarket in Novosibirsk

St. Petersburg, Russia, 2017-Nov-27 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its fifth supermarket in Novosibirsk.

The new store is a Lenta medium supermarket format located at 46 Deputatskaya street, Novosibirsk. The store has a total area of 1,208 sq.m with 688 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 Novosibirsk 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 Novosibirsk is Lenta’s twenty fourth supermarket opening in 2017 and brings the total number of Lenta stores to 217 hypermarkets in 79 cities across Russia and 72 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 217 hypermarkets in 79 cities across Russia and 72 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,295,335 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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RUSSIA: Lenta announces the opening of its fourth hypermarket in Yaroslavl

St. Petersburg, Russia, 2017-Nov-22 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its fourth hypermarket in Yaroslavl. The store opens on premise previously operated under the NASH hypermarkets brand, as part of the long-term lease agreement signed in July.

The new store is a Lenta compact format hypermarket located at 108 Moscovsky avenue, Yaroslavl. The store has a total area of 9,188 sq.m with 3,875 sq.m of selling space and is open is open from 8 am to 11 pm, seven days a week. A broad product assortment of 18,000 SKUs has been selected specifically for residents of Yaroslavl and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 490 parking spaces and 23 cash registers including 4 self-checkout lanes. The property is leased by Lenta.

This opening in Yaroslavl is Lenta’s twenty sixth hypermarket opening in 2017 and brings the total number of Lenta stores to 217 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 217 hypermarkets in 79 cities across Russia and 71 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,294,647 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
Тel:+7 (812) 336 39 97
E-mail: pr@lenta.com

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

Source: Lenta

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RUSSIA: SPAR Kaliningrad opens four EUROSPAR Supermarkets and four SPAR Neighbourhood stores

Russia, 2017-Nov-20 — /EPR Retail News/ — SPAR Kaliningrad, one of SPAR Russia’s largest partners, has had a busy last few months with the opening of eight new stores – four EUROSPAR Supermarkets and four SPAR Neighbourhood stores.

Kaliningrad is the most European of all Russian regions, situated just 30km from Poland. As a result, shoppers are keen to purchase a variety of western European  cuisines and a diverse product range – something which SPAR Kaliningrad is successfully able to provide – drawing customers and retaining them.

The new SPAR Neighbourhood stores range in size between 646 and 1,469m2. Catering to the needs of a broad customer profile, from students to tourists, the stores have been very well received. All four new SPAR stores have a fresh bakery section as well as deli counters and some also serve freshly made pizza and sushi instore. To date, the average daily turnover is between €7,500 and €15,000 Euros.

Our SPAR Partners in Russia currently operate a combination of SPAR Express, SPAR, EUROSPAR and INTERSPAR Supermarkets, with each region opening formats most suited to their markets. In Kaliningrad, SPAR has been investing in the development of the EUROSPAR format, alongside its modern SPAR Neighbourhood stores, offering shoppers a wider range of fresh foods, restaurant quality Food-to-Go items and a host of dry groceries and non-food products.

The new EUROSPAR Supermarkets mostly target locals who come to do bulk shopping. They range in size from 1,400 to 2,300m2. The destination departments include a fresh bakery, sushi & pizza counters, a fresh fish section and Food-to-Go items such as breakfast smoothies and sandwiches. The openings were announced through press releases, bill boards, marketing leaflets and advertising in local newspapers & social media platforms. Across the four stores, the average basket size in Euros varies from €6,99 to €8,46 and the average daily turnover is between €13,460 and €21,355.

SPAR Kaliningrad’s focus on modernising and expanding its retail network and broadening the overall instore offer is leading to an increase in customer loyalty and driving continued growth of the business in the region.

About SPAR Russia:

The first SPAR store in Russia was opened in August 2001, following the granting of the licence to operate the brand by SPAR International to a regional partner. A central office is based in Moscow which seeks partners for regional growth and expansion of the brand across the country.

There are now more than 400 SPAR stores across the country. The success enjoyed by SPAR in Russia is driven by the recruitment of new partners, investing in new stores and the continued investment in refurbishing existing stores. Expansion has resulted in greater buying power and improved knowledge sharing as the number of SPAR locations increases.

Contact:

SPAR International
Email: info@spar-international.com
Tel: +3120 626 6749

Source: Spar International

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X5 announces the opening of its 11,500th store located in Samara, Russia

Samara, 2017-Nov-20 — /EPR Retail News/ — X5 Retail Group, (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces the opening of its 11,500th store. The landmark store is a Karusel hypermarket located at 4 Georgi Dimitrov Street in Samara.

Spanning over 4,000 sq m, the new Karusel features a modern lighting system in the shopping space for customers’ convenience. The new compact shelving system makes navigation easier, with every department visible from anywhere in the store.

Customers can also take a break from shopping, relax and grab a bite to eat at the cosy café located inside the shopping area. There are 18 checkouts and four self-checkout units in the hypermarket to boost throughput in rush hours.

The landmark store offers around 19,000 SKUs, more than half of which are food products. The bakery makes delicious fresh tandoor flatbreads and pizza. Some 50 local producers supply around 900 SKUs to this Karusel, which uses their products, for example, to make its own ready-to-eat foods. In addition to the menu items on display, the store’s cooks will take customised orders.

The new hypermarket has created more than 140 jobs for the local community, is the fifth in Samara and the sixth in the Samara region.

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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RUSSIA: Lenta further expands in Nizhniy Novgorod with fourth hypermarket opening

St. Petersburg, Russia, 2017-Nov-11 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its fourth hypermarket in Nizhniy Novgorod. The store opened on premises formerly operated by NASH hypermarket.

The new store is a Lenta compact format hypermarket located at 11 Kominterna street, Nizhniy Novgorod. The store has a total area of 8,818 sq.m with 4,483 sq.m of selling space and is open around-the-clock, seven days a week. A broad product assortment of 19,000 SKUs has been selected specifically for residents of Nizhniy Novgorod and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 1,000 parking spaces and 20 cash registers including 4 self-checkout lanes. The property is leased by Lenta.

This opening in Nizhniy Novgorod is Lenta’s fifteenth hypermarket opening in 2017 and brings the total number of Lenta stores to 206 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 206 hypermarkets in 79 cities across Russia and 69 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,234,420 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
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@nwadvisors.com

Международные СМИ:
FTI Consulting
Леонид Финк
Тел.: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com

Source: Lenta

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RUSSIA: Lenta opens new hypermarket in Perm

St. Petersburg, Russia, 2017-Nov-11 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its second hypermarket in Perm.

The new store is a Lenta compact format hypermarket located at 105 Geroev Khasana street, shopping center “Chocolate”, Perm. The store has a total area of 11,600 sq.m with 6,004 sq.m of selling space and is open around-the-clock, seven days a week. A broad product assortment of 20,500 SKUs has been selected specifically for residents of Perm and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 530 parking spaces and 34 cash registers including 4 self-checkout lanes. The property is leased by Lenta.

This opening in Perm is Lenta’s fourteenth hypermarket opening in 2017 and brings the total number of Lenta stores to 205 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 205 hypermarkets in 79 cities across Russia and 69 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,229,937 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 Russian media:
NW Advisors
Anton Karpov & Victoria Afonina
Тel:+7 (495) 795 06 23
E-mail: lenta@nwadvisors.com

International media:
FTI Consulting
Леонид Финк
Тел.: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com

Source: Lenta

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RUSSIA: Lenta opens new hypermarkets in Chelyabinsk and in Rostov-on-Don

St. Petersburg, Russia, 2017-Nov-11 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its sixth hypermarket in Chelyabinsk and its fourth hypermarket in Rostov-on-Don. Both stores open on premises previously operated by NASH hypermarkets, as the result of long-term lease agreement with MCapital and OTZR signed in July.

The new stores are Lenta compact format hypermarkets. The first store is located at 136 Artilleriyskaya street, shopping center ‘’Gorki’, Chelyabinsk. The store has a total area of 10,900 sq.m with 6,108 sq.m of selling space and is open from 8 am to 11 pm, seven days a week. The store has 1,460 parking spaces and 26 cash registers including 4 self-checkout lanes.

The store in Rostov -on-Don is located at 17 Nagibina street, shopping center “RIO”. The store has a total area of 7,426 sq.m with 5,655 sq.m of selling space and is open around-the-clock, seven days a week. The store has 200 parking spaces and 29 cash registers including 4 self-checkout lanes.

Both stores offer a broad product assortment of 20,500 SKUs which has been selected specifically for residents of these two cities and includes Lenta’s private labels and federal product ranges alongside local produce. Properties in Chelyabinsk and Rostov-on-Don are leased by Lenta

These openings in Chelyabinsk and Rostov-on-Don are Lenta’s twelfth and thirteenth hypermarket openings in 2017 and bring the total number of Lenta stores to 204 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 204 hypermarkets in 79 cities across Russia and 69 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,223,933 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
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@nwadvisors.com

Source: Lenta

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RUSSIA: Lenta announces the opening of its third hypermarket in Yekaterinburg

St. Petersburg, Russia, 2017-Oct-19 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its third hypermarket in Yekaterinburg.

The new store is a Lenta compact format hypermarket located in 22 bld.2, Partsyezda street, Yekaterinburg. The store has a total area of 8,075 sq.m with 5,241 sq.m of selling space and is open within 24 hours, seven days a week. A broad product assortment of 20,500 SKUs has been selected specifically for residents of Yekaterinburg and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 220 parking spaces and 28 cash registers including 4 self-checkout lanes. The property is owned by Lenta.

This opening in Yekaterinburg is Lenta’s eleventh hypermarket opening in 2017 and brings the total number of Lenta stores to 202 hypermarkets in 79 cities across Russia and 67 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 67 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,210,245 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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RUSSIA: X5 opens newly refurbished Karusel hypermarket on Savushkin Street in St Petersburg

Moscow, 2017-Oct-17 — /EPR Retail News/ — X5 Retail Group (“X5” or “the Company”), a leading Russian food retailer (LSE: FIVE), announces the opening of a refurbished Karusel hypermarket on Savushkin Street in St Petersburg. The redesigned store is the first to feature the updated Karusel logo and some other elements of the chain’s new concept.

The hypermarket’s interior design and indoor navigation are tailored to offer customers a premium shopping experience. Low shelves enable easier navigation, while tall merchandise showcases and clear signposting make it easy to find sections from almost anywhere in the shopping area. The hypermarket also uses innovative product storage systems in the shape of playhouses, split-level podiums, etc. The wooden interior and distinctive product layout make the liquor section look like a speciality boutique.

The new Karusel’s food court has four zones, including a pizza place, sushi bar, confectioner’s and a 250-seat restaurant. Customers can also buy ready-to-cook products to take home from the deli counter (though prices for some menu items in the restaurant are the same as at the deli counter). For the convenience of customers, trolley parks are located before the food court so customers can lock and leave their shopping trolleys before going in.

The selling space of the new hypermarket exceeds 5,700 sq m, with a product mix totalling more than 25,000 SKUs. 90% of the food offering comprises goods produced in Russia, with local suppliers from St Petersburg and the Leningrad region (over 100 companies in total) delivering fresh baked products, cakes, meat, cheese and dairy products, eggs and more. The product mix includes over 1,800 SKUs from local suppliers, accounting for more than 30% of the fresh and ultra-fresh categories.

The new Karusel created a total of 162 new jobs.​

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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RUSSIA: Lenta announces the opening of its third hypermarket in Orenburg

St. Petersburg, Russia, 2017-Aug-31 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its third hypermarket in Orenburg.

The new store is a Lenta supercompact format hypermarket located at 51 Chkalova street, Orenburg. The store has a total area of 5,200 sq.m with 2,885 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 12,500 SKUs has been selected specifically for residents of Orenburg and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 300 parking spaces and 18 cash registers including 4 self-checkout lanes. The property is owned by Lenta.

This opening in Orenburg is Lenta’s sixth hypermarket opening in 2017 and brings the total number of Lenta stores to 197 hypermarkets in 79 cities across Russia and 61 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 197 hypermarkets in 79 cities across Russia and 61 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,181,834 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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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

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X5 strengthens its logistics operations with the opening of two new distribution centres in Yekaterinburg, Russia

Yekaterinburg, 2017-Jul-12 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or “the Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces the launch of two new state-of-the-art distribution centres (“DCs”) in Yekaterinburg: “Yekaterinburg” and “Kosulino”. The new DCs will help boost the efficiency of X5’s logistics operations, encourage more local sourcing and provide the best available prices to customers in the Ural, Volga and Siberian Federal Districts.

The Yekaterinburg DC has over 35,500 sq m of space and will service 1,260 Pyaterochka stores in the Sverdlovsk, Tyumen, Chelyabinsk, Kurgan, Novosibirsk, Omsk and Kemerovo regions, Khanty-Mansi Autonomous Area – Yugra, Yamal-Nenets Autonomous Area, and Perm territory. Featuring six storage zones with individual temperature bands, the facility is designed to accommodate all categories of goods.

The Kosulino DC consists of 13,700 sq m and will support supplies to 36 Perekrestok supermarkets and 9 Karusel hypermarkets in the Sverdlovsk, Tyumen, Chelyabinsk regions, Perm territory, and Khanty-Mansi Autonomous Area – Yugra. Featuring five storage zones, the DC is the first to service the Perekrestok and Karusel chains in the Urals.

The new DCs will ensure the freshness and availability of goods as X5 continues its rapid expansion. They will also help to cut transportation costs and unlock new opportunities for local producers. The DCs will also help to increase sales volumes for local producers and make their products available in new regions. At its full capacity, the Yekaterinburg DC will be able to handle and store products from over 480 suppliers, and the Kosulino DC will handle over 1,000 suppliers. The share of local goods in the product mix of Pyaterochka stores in the Sverdlovsk region is 35%, while for Perekrestok and Karusel it exceeds 20%.

Following the launch of the two DCs, the number of jobs created by Pyaterochka, Perekrestok and Karusel in the Sverdlovsk region will exceed 6,500. The Yekaterinburg DC will operate around-the-clock with the help of 480 local residents, while the Kosulino DC will employ 105 local staff.

The opening ceremony for the DCs, which took place during the INNOPROM International Industrial Trade Fair, was attended by Deputy Prime Minister of the Russian Federation Arkady Dvorkovich, Deputy Minister of Industry and Trade of the Russian Federation Viktor Evtukhov, and the CEOs of Pyaterochka and Perekrestok, Olga Naumova and Vladimir Sorokin.

The Yekaterinburg DC is among the most high-tech in Russia. The centre will deploy innovative solutions like dynamic slotting (a mathematical algorithm that provides for a shorter run for the picker based on order histories), voice picking (goods picked with the help of a voice terminal), EDI systems to maintain shelf availability and plan sales, and RFID technology to label goods and monitor their movement online. All these solutions, along with biometric employee identification, will help double labour productivity compared to peers.

X5 Retail Group invited managers of over 150 major suppliers from the Ural, Volga, and Siberian Federal Districts to the event. After the ceremony, the Kosulino DC hosted the X5 Dialogue Forum, where representatives of X5 Retail Group’s chain stores shared X5’s best practices in partnering with local suppliers and food producers. The local manufacturers received valuable advice on how to build relationships with retail chains, including information on product quality controls and requirements for transportation, storage, sales and disposal of food products set out in the Customs Union’s and X5’s applicable technical regulations.​

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: O’KEY Group and Familia announce strategic partnership

MOSCOW, Russia, 2017-Jul-12 — /EPR Retail News/ — O’KEY Group S.A. (LSE: OKEY, the “Group”), one of the leading Russian food retailers, and Familia, the leading off-price retailer in Russia, announce a strategic partnership. All the materials published by the Group are available on its website www.okeyinvestors.ru.

As part of the strategic partnership, Familia will open stores in 2 of O’KEY’s hypermarkets – Ekaterinburg and Tyumen in the second half of this year. The cooperation will also involve joint marketing campaigns and other activities. This partnership is likely to be extended to further O’KEY stores in other locations from
next year.

This project is part of O’KEY’s ongoing strategic initiative to enhance efficiency through the creation of a “compact hypermarket”. This is achieved through leasing selling space to a strategic partner without decreasing the total number of SKUs in the store. It is expected to result in customer traffic growth and additional rent income, increasing profitability.

Miodrag Borojević, Chief Executive Officer of O’KEY Group, said:
“We are pleased to announce our partnership with Familia, a leading off-price retailer in Russia. This contract marks the start of a long-term strategic relationship which will boost the efficiency of ou hypermarkets by attracting additional traffic and selling space optimization.”

Konstantin Nadezhdin, Chief Executive Officer of Familia, commented:
”This partnership with O’KEY is a key milestone for our company. The agreement should generate additional traffic both for our stores and the hypermarkets in which they are based. We are confident that this cooperation will further strengthen our position as a leading off-price retailer in the Russian market.”

COMPANY OVERVIEW
O’KEY is one of the largest retail chains in Russia. Its primary retail format is the modern Western European style hypermarket which operates under the “O’KEY” brand, complemented by O’KEY supermarkets. The Group is developing an 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 its hypermarket assortment.

The Group opened its first hypermarket in St. Petersburg in 2002 and has since demonstrated continuous growth. As of July 10, 2017, O’KEY operates 109 stores across Russia – 72 hypermarkets, 37 supermarkets and 55 discounters under the “DA!” brand.

FAMILIA, the first and single off-price retail chain in Russia.
Famila is the leading off-price retailer in Russia. Its first store was opened in 2000 in Moscow. During 2016-17, Familia increased its number of stores by more than 150%. At present, Familia runs 169 stores in 64 cities across Russia, with a trade area of over 200,000 m2. By the end of 2017, Familia plans to run 195-200 stores. More than 2,700 brands from 40 countries are partnered with the company. All materials published by the company are available on its website http://www.famil.ru/en/partnership/
Company profile: http://www.famil.ru/data/presentation_en.pdf

Disclaimer
These materials contain statements about future events and expectations that are forward-looking statements. These statements typically contain words such as “expects” and “anticipates” and words of similar import. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. None of the future projections, expectations, estimates or prospects in this announcement should be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared are correct or exhaustive or, in the case of the assumptions, fully stated in this announcement. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

For further information please contact:
Veronika Kryachko
Head of Investor Relations
+7 495 663 6677 ext. 404
Veronika.Kryachko@okmarket.ru
www.okeyinvestors.ru

Source: O’KEY Group

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RUSSIA: Lenta announces the opening of its 15h supermarket in St. Petersburg

St. Petersburg, Russia, 2017-Jun-13 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its 15h supermarket in St. Petersburg.

The new store is a Lenta medium format supermarket located at 15A Avtovskaya str., St. Petersburg. The store has a total area of 1,300 sq.m with 692 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 St. Petersburg 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 St. Petersburg is Lenta’s eighth supermarket opening in 2017 and brings the total number of Lenta stores to 195 hypermarkets in 78 cities across Russia and 56 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 56 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,170,600 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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RUSSIA: X5 Retail Group opens new distribution centre in Perm

Perm, 2017-May-19 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, announces the development of its Urals logistics infrastructure with the opening of a distribution centre (DC) in Perm.

The logistics facility of over 23,500 sq m will supply Pyaterochka stores in the Perm Region (currently more than 280 stores). Featuring five storage zones, each with a specific temperature band, the facility is designed to accommodate all categories of goods. This multi-format distribution centre is a key milestone in developing X5’s logistics infrastructure in the Urals, with the aim of optimising the number of DCs while also ramping up their capacity and capabilities.

The new logistics centre will ensure the freshness and availability of goods as Pyaterochka continues its active expansion, help to cut transportation costs, and unlock new opportunities for local producers. The Perm DC will be a focal point for local producers, enabling them to increase sales and bring their products to other regions. At full capacity, the DC will be able to process and handle products from over 350 local suppliers. The share of local producers in Pyaterochka’s product mix in the Perm Region is 22%, while in some categories (like bread and bakery) it reaches as much as 90%.

The logistics facility has increased the number of jobs provided by the Pyaterochka retail chain in the Perm Region by 230 to exceed 3,900 jobs.

The DC opening ceremony was attended by Deputy Prime Minister – Minister of Industry, Entrepreneurship and Trade of the Perm Region Alexey Chibisov and Pyaterochka CEO Olga Naumova. X5 Retail Group also invited managers from over 70 suppliers to take part in the ceremony. After the ceremony, the Perm DC hosted the X5 Dialogue Forum, where representatives of X5 Retail Group’s chain stores shared X5’s best practices in partnering with local suppliers and food producers. The local manufacturers received valuable advice on how to build relationships with retail chains, including information on product quality controls and requirements for transportation, storage, sales and disposal of food products set out in the Customs Union’s and X5’s relevant technical regulations.

X5 Retail Group views the development of logistics infrastructure as a strategic priority for the next few years. For the second year running, X5 leads the market by the number of DCs opened during the year. In 2015, X5 opened six new DCs with a total area of 142,000 sq m, while the area of the seven new DCs opened in 2016 totalled 212,000 sq m.

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 1Q2017: total sales grew 17.2%

St-Petersburg, Russia, 2017-Apr-21 — /EPR Retail News/ — Lenta Ltd, (LSE, MOEX: LNTA / “Lenta” or the “Company”) one of the largest retail chains in Russia, is pleased to announce the Company’s consolidated sales and operating results for the first quarter ended 31 March 2017.

To download the full press release, please click here

1Q 2017 Operating Highlights:

• Total sales grew 17.2% in 1Q 2017 to Rub 77.9bn (1Q 2016: Rub 66.5bn);
• Like-for-like (“LFL”)1 sales growth of (1.7%) vs. 1Q 2016;
• LFL traffic growth of (2.0%) combined with a 0.3% increase in LFL ticket;
• Four new hypermarkets and four supermarkets opened during the first quarter of 2017 while one supermarket was closed;
• Total store count reached 247 stores as at 31 March 2017, comprising 195 hypermarkets and 52 supermarkets;
• Total selling space increased to 1,167,601 sq.m. as at 31 March 2017 (+30.3% vs. 31 March 2016); and
• Number of active loyalty cardholders2 increased to 11.1m (+25% y-o-y) with approximately 93% of transactions in the first quarter made using the loyalty card.

Material events in 1Q 2017 and after the reported period:
• The Company signed lease contracts with the ADG Group real estate development company to open 36 supermarkets (approx. 47,000 sq.m of total space and 30,300 sq.m of selling space) in Moscow shopping and entertainment centers in 2018-2019; and
• Lenta started expansion of its supermarket format in Novosibirsk with two stores opened in 1Q 2017.

Lenta’s Chief Executive Officer, Jan Dunning commented:

“The macro and consumer environment for food retail remained challenging in the first quarter of 2017. While Lenta stores continue to win customers from competitors, sales growth came under pressure due to a combination of falling inflation, changes in customer behaviour, one day less in February and our own rapid expansion which resulted in expected higher cannibalization effects. We hope to see some improvement in the environment later in the year and are putting sales initiatives in place to capitalize on this to deliver a pick-up in sales growth.

Customer numbers are running ahead of sales growth in both new and LFL stores, but as expected, cannibalization effects increased due to our rapid expansion in cities with existing Lenta presence. Consumers continued trading up in our stores for the second consecutive quarter, but this was offset by historically low on-shelf inflation and lower volume as customers reduced their food spending to compensate for pressure on their budgets. We see some stabilization of customer’s promo sensitivity, supported by the attractiveness of Lenta’s offering and low inflation. Visit frequency declined across much of the food retail sector – Lenta traffic improved compared to the previous quarter, but still remained in a negative territory.

We continue rolling-out new supermarkets in Moscow, St.Petersburg and the Central region3 and, as planned, started expanding the format in Siberia with two successful store openings in Novosibirsk. Our store opening guidance for 2017 and our long-term growth targets are unchanged, but we have decided to shift some store openings planned for 2018 into the second half of the same year which in combination with more predictable and efficient construction cycles will enable us to reduce capital expenditure in 2017. This will result in reduced leverage and provide more financial flexibility in case small acquisition opportunities appear in the future.”

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 2016 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 195 hypermarkets in 78 cities across Russia and 53 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,168,324 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 2016.

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 http://www.lentainvestor.com/en/ 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

FTI Consulting
Leonid Fink
Tel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com

Jenny Payne
Tel: +44 20 3727 1000
E-mail: Jenny.Payne@fticonsulting.com

Forward looking statements:
 
This announcement includes statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements can be identified by the fact that they do not only relate to historical or current events. Forward-looking statements often use words such as “anticipate”, “target”, “expect”, “estimate”, “intend”, “expected”, “plan”, “goal”, “believe”, or other words of similar meaning.
 
By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances, a number of which are beyond Lenta’s control. As a result, actual future results may differ materially from the plans, goals and expectations set out in these forward-looking statements.
 
Any forward-looking statements made by or on behalf of Lenta speak only as at the date of this announcement. Save as required by any applicable laws or regulations, Lenta undertakes no obligation publicly to release the results of any revisions to any forward-looking statements in this document that may occur due to any change in its expectations or to reflect events or circumstances after the date of this document.

To view the full press release, please click here

1 Lenta’s stores are included in the LFL store base starting 12 months after the end of the month in which they are opened
2 Cardholders who made at least 2 purchases at Lenta during the 12 months to 31 March 2017 are considered active
3 The Company has included three supermarkets located in the Kaluzhskaya oblast in the Central region

SOURCE: Lenta

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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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RUSSIA: Lenta announces the opening of its second hypermarket in Engels

With this opening, Lenta expands its network in the Volga region to 33 hypermarkets in 21 cities

St. Petersburg, Russia, 2017-Mar-07 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its second hypermarket in Engels.

The new store is a Lenta compact format hypermarket located at 5B Krasnoyarskaya str., Engels. The store has a total area of 9,409 sq.m with 4,991 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 19,000 SKUs has been selected specifically for residents of Engels and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 300 parking spaces and 28 cash registers. The property is owned by Lenta.

This opening in Engels is Lenta’s fourth hypermarket opening in 2017 and brings the total number of Lenta stores to 195 hypermarkets in 78 cities across Russia and 50 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 50 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,166,197 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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X5 Retail Group opens new distribution centre in Orenburg, Russia

Orenburg, 2017-Mar-06 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer, announces the development of its logistics infrastructure in the Southern Ural Region with the opening of a distribution centre (DC) in Orenburg.

The 19,000 sq m logistics facility will serve the Pyaterochka chain in the Orenburg Region (currently more than 220 stores), and will also supply 120 stores in the Republic of Bashkortostan starting in April. Featuring four separate temperature zones, the facility is designed to store nearly all categories of goods.

The new logistics centre is designed to ensure the availability and freshness of goods even as Pyaterochka continues its active expansion. It will also help to cut transportation costs and unlock new opportunities for local suppliers. The Orenburg DC will be the focal point for local producers, helping them to increase sales and bring their products to new regions. Some have been enjoying the benefits of the DC for several months, as centre has been in operation since November 2016. Today, the DC has reached 100% capacity: it is now ready to handle and accommodate products from over 300 suppliers. The logistics facility increased the number of jobs supported by the Pyaterochka retail chain in the Orenburg Region by 180, with the total now exceeding 2,800 jobs.

The official opening ceremony for the DC was attended by Orenburg region Governor Yuri Berg and Pyaterochka CEO Olga Naumova. X5 Retail Group also invited management from over 50 suppliers to take part in the event. After the ceremony, Orenburg DC hosted the X5 Dialogue Forum, where representatives of X5 Retail Group’s stores shared best practices in partnering with local suppliers and food producers. Local manufacturers received valuable advice on how to build relationships with retail chains, including information on product quality controls and requirements for transportation, storage, sales and disposal of food products set out in the Customs Union’s and X5’s technical regulations.

X5 Retail Group views the development of logistics infrastructure as a strategic priority for the next several years. For the second year running, X5 leads the market by the number of DCs opened throughout the year. In 2015, X5 opened six new DCs with a total area of 142,000 sq m, while the seven new DCs opened in 2016 totalled 212,000 sq m.

Note to Editors:

X5 Retail Group N.V. (LSE: FIVE, Fitch – ‘BB’, Moody’s – ‘Ba3’, S&P – ‘BB-’) is a leading Russian food retailer. The Company operates several retail formats: the chain of proximity stores under the Pyaterochka brand, the supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand and Express convenience stores under various brands.

As of 31 December 2016, X5 had 9,187 Company-operated stores. It has the leading market position in both Moscow and St. Petersburg and a significant presence in the European part of Russia. Its store base includes 8,363 Pyaterochka proximity stores, 539 Perekrestok supermarkets, 91 Karusel hypermarkets and 194 convenience stores. The Company operates 35 DCs and 2,318 Company-owned trucks across the Russian Federation.

For the full year 2015, revenue totalled RUB 808,818 mln (USD 13,268 mln), Adjusted EBITDA reached RUB 59,413 mln (USD 975 mln), and net profit for the period amounted to RUB 14,174 mln (USD 233 mln). In 9M 2016, revenue totaled RUB 739,491 mln (USD 11,443 mln), EBITDA reached RUB 56,361 mln (USD 872 mln), and net profit amounted to RUB 19,874 mln (USD 308 mln).

X5’s Shareholder structure is as follows: Alfa Group – 47.86%, founders of Pyaterochka – 14.43%, X5 Directors – 0.06%, treasury shares – 0.01%, free float – 37.64%.

Forward looking statements:

This announcement includes statements that are, or may be deemed to be, “forwardlooking statements”. These forward-looking statements can be identified by the fact that they do not only relate to historical or current events. Forward-looking statements often use words such as “anticipate”, “target”, “expect”, “estimate”, “intend”, “expected”, “plan”, “goal”, “believe”, or other words of similar meaning.

By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances, a number of which are beyond X5 Retail Group N.V.’s control. As a result, actual future results may differ materially from the plans, goals and expectations set out in these forward-looking statements.

Any forward-looking statements made by or on behalf of X5 Retail Group N.V. speak only as at the date of this announcement. Save as required by any applicable laws or regulations, X5 Retail Group N.V. undertakes no obligation publicly to release the results of any revisions to any forward-looking statements in this document that may occur due to any change in its expectations or to reflect events or circumstances after the date of this document.

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 third hypermarket in Cherepovets

With this opening, Lenta expands its network in the North-West region to 12 hypermarkets in 7 cities

St. Petersburg, Russia, 2017-Mar-06 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its third hypermarket in Cherepovets.

The new store is a Lenta compact format hypermarket located at 50A Kirillovskoe av., Cherepovets. The store has a total area of 8,558 sq.m with 4,321 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 Cherepovets and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 254 parking spaces and 25 cash registers. The property is owned by Lenta.

This opening in Cherepovets is Lenta’s third hypermarket opening in 2017 and brings the total number of Lenta stores to 194 hypermarkets in 78 cities across Russia and 50 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 194 hypermarkets in 78 cities across Russia and 50 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,161,206 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 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