Russian retailer Lenta has announced that it is opening its 18th supermarket in St. Petersburg, located in the Leningrad region.
The new store is a medium format Lenta supermarket, with 1,499 square metres of selling space, and will sell a broad product assortment including private label, national product ranges, and local produce.
Continued Expansion
This store is Lenta's thirteenth supermarket opening in 2017, bringing its total number of stores to 196 hypermarkets in 79 cities across Russia and 61 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region.
This month the retailer opened its first hypermarket in Kamensk-Uralsky, and its fourth supermarket in Novosibirsk.
In July, Lenta reported that sales grew 16.3% to RUB 85.6 billion in the second quarter of the year, which the retailer attributes to its rapid opening strategy.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Sarah Harford. Click subscribe to sign up to ESM: The European Supermarket Magazine.
