Moscow, 29 June 2018 – X5 Retail Group N.V ("X5" or the "Company"), a leading Russian food retailer (LSE and MOEX ticker: FIVE), announces that Pyaterochka has opened its 1,500th store in the Moscow region. The landmark event took place in Lenino, Istra city district.
With a more-than 500 sq m sales floor, the new store offers over 3,500 SKUs, and has a special emphasis on fruit, vegetables and fresh category goods (meat, dairy, fish, etc.). Collectively, these account for more than one third of the store’s product offering. Domestically-produced goods account for 90% of the assortment, with roughly 20% sourced from local manufacturers, including the Ruzsky Bread Factory and the Klinsky Bread-Baking Complex. Last year, X5 worked with over 250 suppliers located in the Moscow region.
This latest opening brought the number of Pyaterochka stores in the Istrinsky district to 28. The new store is operated by 13 people. The retail format has already created 476 jobs in Istra alone, and over 26,000 jobs in the Moscow region overall.
By the end of 2018, Pyaterochka plans to open 11 more stores in the Istra district and over 150 stores in the Moscow region.