Discounters and Hypermarkets Top the Russian Retail Market

According to the “Ranking of FMCG retail chains of Russia”, by the INFOLine Agency, the growth of shopping space of  top 70 Russian FMCG chains is more than 315,000 sqm estimated from January to September 2010. Russia’s 70 largest FMCG retailers opened 874 shops within this period. Among expanding retailers are such chains as Magnit, Karusel, O’key hypermarkets, Victoria, Atak, Azbuka Vkusa supermarkets, as well as Diksi, Kopeyka, Maria-Ra, Holiday, 7ya Sem’ya, Kvartal, Monetka, Aniks discounters and convenience stores and others. As of October 1 2010, top 70 FMCG retailers have 10,928 outlets with the total sales space 7.1 million sqm.

As of October 1 2010, there were 424 hypermarkets in Russia with the total sales space of 2.7 million sqm. During January – September 2010 it grew by 39,000 sqm.

The number of supermarkets, run by the top 70 retailers, was 1169 as of October 1 2010, their total sales space was more than 1.2 million m2. The sales space growth from January to September exceeded 16,200 m2.

The total number of discounters and convenience stores was approx. 9,335, with the total sales space about 3.3 million m2. The January – September growth was more than 296,000 m2.

Source: www.retailer.ru