Russian traders lose surface area in Moscow and St. Petersburg

According to a study by the Russian market research company Infoline, domestic DIY store operators in Russia are developing differently depending on their regions. The largest drop in DIY trading space was borne in 2016 until now by Moscow with 22 500 m². This is followed by St. Petersburg with 13 900 m², caused by the closing of the Metrika stores. The Novosibirsk area also suffered a clear loss with a drop of 7 100 m². Here the company Feniks K, with its brands DecoMart and Perestroika, couldn't stand up to the competition of international DIY trading companies.
However domestic DIY store operators have definitely intensified their investment activities in other regions. For example the Republic of Bashkortostan showed an increase of 15 200 m² in retail space. Five major stores opened here. Trading space grew in the Krasnodar district by 14 400 m².