17 December 2013
Lenta Opens New Supermarkets
Lenta announces new supermarket openings in Moscow and the Moscow Region, as well as its first supermarket opening in the Kaluzhskaya Region.
The new Lenta supermarkets are located at 38, bld. 1 Ivana Franko street and 2, Tvardovskogo street in Moscow. The opening of the store in Egoryevsk took place in 4, Sovetskaya street. The first supermarket in the Kaluzhskaya region was opened in the town of Maloyaroslavets at 51, Parizhskoy Communy street.
The new stores will contain an assortment of more than 6,500 items, including Lenta’s own products.
The goods are displayed on an average sales floor of 1,200 sq.m, with the total area for each supermarket varying from 1,500 to 2,500 sq.m. depending on their location. Each store has 9-12 cash desks and car parking slots that can accommodate up to 90 vehicles. The supermarkets are open daily from 9:00 until 23:00.
Jan Dunning, the CEO of the Lenta Company:
“Lenta is one of the leading hypermarket chains in Russia. The launch of a supermarket format in April 2013 was a natural way of expanding Lenta’s business in the Moscow region. The launch of our first supermarket in the Kaluzhskaya Region means that Lenta’s supermarket offering can attract more and more customers – not only in Moscow, but also outside the city limits, thanks to our quality products which are offered at the best prices, our clear customer focus and the highest levels of service.”
The latest store openings increase Lenta’s chain to 77 stores in 40 Russian cities.
About the company Lenta is one of the largest federal retail chains in Russia and the country’s second largest hypermarket chain (in terms of 2012 sales). The company was founded in 1993 in St. Petersburg. Lenta operates 68 hypermarkets and 9 supermarkets in 40 cities across Russia with a total selling space of approximately 447,000 sq.m. An average Lenta hypermarket has a total selling space of 6,400 sq.m. Its average selling space of a supermarket is 1,200 sq.m. Lenta employs over 23,000 people.
The first supermarket opened its doors in Moscow in April 2013. For stores locations please visit www.lenta.com.
Lenta’s largest shareholders include TPG Capital, the European Bank for Reconstruction and Development and VTB Capital.