intertorg

Intertorg Closing its Supermarkets in St. Petersburg and Other Cities

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In St. Petersburg and the Leningrad region, some of Spar and Semija supermarkets were closed. The management of the retailer decided to close 37 unprofitable stores, 20 stores in St. Petersburg, 11 in the Leningrad region, 3 in Murmansk and 3 the Murmanks region and in Petrozavodsk. In summer and autumn, the stores in Cherepovets, Velikij Novgorod and other smaller cities were closed.

At the beginning of October 2019, Intertorg managed 249 supermarkets Semija, 8 supermarkets Idea, as well as 184 supermarkets and 11 hypermarkets of the international brand Spar, which Intertorg is developing under franchising.

The volume of claims against Trading House Intertorg doubled in a month – up to 1.8 billion rubles.

The retailer problems can provoke a massive default of medium and small distributors.

www.fontanka.ru, www.ftimes.ru

 

Retailer Prisma and Intertorg company to merge purchasing departments

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The company Prisma, owned by Finnish holding S-Group, and the company Intertorg in the North West region of Russia (retail chains Narodnaya 7Ya, Idea and Spar) are going to combine purchase departments. First of all, it concerns the essential commodities. Retailers believe that development plans on cooperation will keep the profitability of the business, as well as diversify the range of products.

www.retailer.ru