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Retail

Uzbek Retailer Makro Celebrates Tenth Anniversary With New Store Openings

Makro, Uzbekistan's largest supermarket group, has opened ten new stores in the country, to mark its 10-year anniversary.

With the openings, which were also located in or around the capital, Tashkent, the retailer now boasts 86 stores, with additional openings to follow before the end of the year, it said.

“We are proud to be pioneering modern food retail in Uzbekistan, the largest nation in Central Asia,” commented Makro chief executive Roman Sayfulin. “Every day, Makro opens its doors to customers who are enjoying a modern retail experience for the first time. Our mission is to create a supermarket for Uzbeks of all walks of life, and win their loyalty through a combination of variety, quality, and affordability.”

Earlier this year, Makro launched a new e-commerce platform, adapting to the new market reality brought on by the COVID-19 pandemic.

Portfolio Expansion

The retailer now boasts stores right across Uzbekistan, in both Tashkent and 23 other towns and cities, with the country experiencing a rapidly growing consumer market on the back of rising incomes and increased urbanisation.

To mark its tenth anniversary, Makro also offered shoppers a 10% discount on purchases on its birthday (11 December), while any children that shared a birthday with the group were presented with a special backpack.

On what the future holds for Makro, Sayfulin added, “Our company is just 10 years old. It is not even a teenager yet. We still have a lot to learn, but like any ten year old, our potential is limitless.”

© 2020 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: The European Supermarket Magazine.

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