X5 Opens 8,000th Store in RussiaX5 Retail Group, a leading Russian food retailer, announces the opening of its 8,000th store in Russia. The milestone opening is a new Karusel hypermarket in Orenburg (149/2 Turkestanskaya St.).
The nearly-5.5 thousand sq m store has selling space of 3.5 thousand sq m, was custom built for X5, and is owned by the Karusel chain. The building features a modern air conditioning and cutting-edge shopping space lighting systems. Twenty checkout aisles will enable higher throughput in busy times. The opening of the new hypermarket has created 189 new jobs.
The store offers 19,500 SKUs, with a large proportion of fresh and ultrafresh categories, including meat, fish, vegetables, fruits, and dairy, in its food selection. Over 90% of the hypermarket’s food products are manufactured in Russia. Local producers account for more than 15% of the product mix, and in some categories (meat products, bakery and confectionery) their share reaches 50–95%. In particular, Karusel offers products by Demetra, Khlebnaya Karusel, Stepnye Prostory, Novotroitsk Meat Processing Plant, Orenburg Bakery Plant, Tashlinsky Trade House, Torty, Sordes, and others. In addition, the new hypermarket boasts a broad selection of household goods such as dishes, toys, cleaning products, clothes, footwear, and much more.
This is the second Karusel hypermarket in Orenburg and the Orenburg region. X5 Retail Group is also represented in the Orenburg region by more than 180 Pyaterochka stores and 5 Perekrestok supermarkets, providing over 2,000 jobs to local residents.
X5 Retail Group
X5 Retail Group is the leading multi-format food retailer in Russia. X5 shares are listed on the London Stock Echange (LSE) and Moscow Exchange in the form of Global Depositary Receipts under the ticker "FIVE". The Company operates several retail formats, including the chain of conveniently located proximity stores under the Pyaterochka brand, the supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand.