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"Svetofor" has overtaken leading store chains in terms of store opening rates

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"Svetofor" has overtaken leading store chains in terms of store opening rates

The chain of food stores with low-price policy "Svetofor" showed a high rate of new retail outlets opening in the first half of the year, - Ivan Fedyakov, the general director of information and consulting agency INFOLine said.

He said that according to the results of the first six months there was one of the best indicators for the last 10 years in terms of growth of the area. In total, more than 1.1 million square meters in the FMCG segment (FMCG trade) opened in the country during this period.

"The question arises who is opening these stores. Here is quite an interesting result - Svetofor opened 500 thousand square meters in the first half of the year. That is, almost half of all openings came from the company, more than 800 stores were opened under the brand of this network, "- said Fedyakov.

He also pointed to increased consolidation through acquisitions. "You can pay attention to the results of takeover deals, i.e. consolidation is increasing due to this. Thanks to the takeover of Dixie, Magnit grows in revenue, but it is not enough to claim the first position, it is retained by X5," the head of the agency added.

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Author: Ksenia Gustova

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