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Lenta Opens New Supermarket In Siberia

Published on Aug 20 2018 9:31 AM in Retail tagged: Lenta / Russia / Siberia

Lenta Opens New Supermarket In Siberia

Russian retailer Lenta has announced the opening of a new supermarket in Tosmk, located in Siberia.

The new store is spread over an area of 1,785 square metres, boasting 1,035 square metres of selling space. It will be open seven days a week, from 8am to 11pm.

The new store features an assortment of 10,500 SKUs tailored specifically for Tomsk residents, including Lenta’s private labels and federal product ranges, alongside local produce. The outlet also includes ten cash registers.

Continued Expansion

This is Lenta’s twenty-first supermarket opening in 2018, and brings the total number of stores to 233 hypermarkets across Russia and 116 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region.

The move comes after Lenta recently announced strong second-quarter growth in 2018.

According to Lenta's chief executive, Jan Dunning, the new stores "are a sign of the trust that the company has in the supermarket format over the hypermarket format.

"We are especially pleased with the significant improvement in like-for-like sales in our supermarket format, which benefitted from changes in our offer launched earlier this year."

© 2018 European Supermarket Magazine – your source for the latest retail news. Article by Matthieu Chassain. Click subscribe to sign up to ESM: European Supermarket Magazine.

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