X5 Group opened the first Chizhik discount stores in Siberia – Kommersant
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Retailer X5 Group (MOEX: FIVE) opened the first stores of the Chizhik discount chain in Siberia. This was stated in a message on website companies.
“X5 Group announces the opening of stores of the Chizhik hard discounter chain in the Novosibirsk, Tomsk, Kemerovo regions and Altai Territory,” the material says.
The press service clarified that on October 20 the company opened 11 discount stores in seven cities. By the end of the month, the number of chain stores in these regions will increase to 45, and by the end of the year there will be about 90.
One of the company’s regional directors, Pavel Karetnikov, added that next year X5 Group plans to expand its network in Siberia to 190-200 stores. The Chizhik chain, according to him, also expects to become a leader in the hard discounter market in the region in the next 2.5 years.
October 18 X5 Group stated about plans to build a warehouse for 48 thousand sq. m in the Kemerovo region. At the first stage, the warehouse will be intended for the Pyaterochka retail chain, after which the retailer plans to expand it for the Chizhik chain.
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