Krasnoyarsk, 15February 2019 – X5 Retail Group N.V. ("X5" or the "Company"), a leading Russian food retailer (LSE and MOEX ticker: FIVE), announces its expansion in the Siberian Federal District and the opening of the first Pyaterochka store in Krasnoyarsk, the capital of the Krasnoyarsk region.
The store has over 500 sq m of selling space, is located at 134 Bograd St. and offers 5,000 SKUs, some of which are sourced locally in Siberia, including Krasnoyarsk brands DiHleb, Sibirzhinka, Krasnoyarsk Food Company, etc. The store’s five checkout lanes guarantee a smooth shopping experience. Another Pyaterochka in Krasnoyarsk opened on the same day at 47 Aviatorov St.
Pyaterochka also opened two stores today in Abakan, the capital of the Republic of Khakassia. The stores, which have a total selling space of over 800 sq m, are located at 29 Druzhby Narodov St. and 120 Kirov St., Bld. 1, and feature 4,500 SKUs each.
By the end of the year, Pyaterochka expects to create ca. 900 new jobs in Khakassia and the Krasnoyarsk region. Six more stores are due to be opened in these regions before the end of February (three in Krasnoyarsk, two in Divnogorsk, and one in Sayanogorsk), providing employment for ca. 140 people.
Pyaterochka started its operations in the Siberian Federal District in August 2016, when the first stores were opened in Novosibirsk. As at 31 December 2018, a total of 478 stores were operating in the Novosibirsk, Kemerovo, Omsk, Tomsk, Altai regions, and the Republic of Altai. The Novosibirsk distribution centre opened in September 2017 brought a new impetus to the Company’s development in Siberia.