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

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

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