Russian retailer Lenta has announced plans to open 80 new stores in 2017 and to explore entry into new regions of the country, including Siberia. According to European Supermarket Magazine, the retailer plans to focus on the supermarket format, as 50 of the new openings are set to be supermarkets and the other 30 hypermarkets. Shortly after unveiling its expansion plans, Lenta announced the opening of its first hypermarket in …
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Lenta
Russian retail chain Lenta has reaffirmed its plans to significantly expand its hypermarket presence in Russia, announcing that 25 new stores are to be opened across the country over the course of 2015. The Moscow Times reports that the firm has raised $225 million via a share sale, less than half of which came from a state-backed private equity fund and associated investors. The latest store to be added to …
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