X5 opens eight Perekrestok supermarkets in March according to the new concept
Moscow, 31 March 2015
X5 Retail Group N.V., (‘X5’ or the ‘Company’) a leading Russian food retailer (LSE ticker: ‘FIVE’), is pleased to announce the further expansion of its Perekrestok chain of supermarkets. Today, five new stores were opened, three of them located in Moscow, one in Kazan and one in Nizhny Novgorod, while on 25 March, Perekrestok opened the format’s second supermarket in the city of Tula. In total, X5’s supermarket format opened seven new stores and reopened one refurbished store during the month of March. All of the stores fully comply with the format’s new “Perekrestok – Choose the Best!” concept, which was launched in October 2014.