Moscow, 21 September 2017 – X5 Retail Group ("X5" or "the Company"), a leading Russian food retailer (LSE: FIVE), announces the opening of its 11,000th store. The landmark store is a Perekrestok supermarket in Pavlovskaya Sloboda located in the Istrinsky district of the Moscow region (73 Lenina St.).
Boasting a total area of over 1,400 sq. m., the store is fully in line with the new Perekrestok concept already implemented in more than 60% of the chain’s supermarkets. Six checkout lanes and one tobacco shop will help to make the shopping experience convenient for customers. The new supermarket has created over 40 new jobs.
The landmark store offers 10,000 SKUs, many of which are from local producers, who supply 35% of Perekrestok’s product mix in the Moscow region. In 2016, 54 new Moscow region producers signed supply agreements with X5 Retail Group. Overall, domestic products make up over 90% of Pyaterochka’s, Perekrestok’s and Karusel’s current product mix.