News | Fewer hypermarkets

Back

Trend towards smaller stores even in Russia

A trend is developing in the Russian home improvement sector towards smaller stores located close to residential areas or in retail parks with a high footfall. The number of large-format stores, known here as hypermarkets, is dwindling, however. Back in 2019 market leader Leroy Merlin paved the way for the opening of three stores in the "Leroy Merlin Gorodskoi" supermarket format, with a maximum retail area of 2 000 m². Maxidom, currently ranked in 7th, is working on a new format with a retail area of 4 000 to 5 000 m² for St. Petersburg and the surrounding region.

|29 July 2020 | 12:45


More about the company
SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Kingfisher CEO Thierry Garnier on the Global DIY-Network

It is probably the online event with the highest potential click rates that the Global DIY Network of Edra/Ghin and Hima has presented to date: View news...

Kingfisher brings Screwfix online to France

The UK's Kingfisher Group is now operating in France with its Screwfix brand, albeit only in the form of an online shop at www.screwfix.fr for the View news...

Siam Global sees double digit growth for the first quarter

Thai home improvement retailer Siam Global House posted double-digit growth in the first quarter of 2021, supported by stronger same-store sales and View news...

Spanish home improvement market to grow by 36 per cent

The Spanish home improvement market grew by 36.5 per cent in the first quarter compared to the same period last year. According to the industry View news...