Seventh Continent Will Open Five Stores in Yaroslavl
OREANDA-NEWS. On 7 February 2008 was announced, that during 2008 JSC “The Seventh Continent” would open 5 stores (1 hypermarket and 4 supermarkets) in Yaroslavl. Total area is about 20 000 sq meters, including ”Nash hypermarket” (Our hypermarket) format trading area 9 500 sq meters.
On 7th of February 2008 JSC “The Seventh Continent” opened “Nash hypermarket” (Our hypermarket), the store is located at “RIO” shopping centre. This project was realized with the “Tashir” Group of Companies on joint development of the modern hypermarkets and shopping malls. Total shopping centre trading area is about 35 000 sq meters.
“Nash hypermarket” (Our hypermarket) proposes 40 000 SCUs (60% food, 40% non-food) including: in-store production – about 700 SCUs, private label products – about 750 SCUs under our own brand “Our product”.
Within the framework of social responsible program the Company presents 20 types of socially important goods at the minimum price in this new hypermarket.
JSC "The Seventh Continent" invested in this project approx. $ 12.7 mn. Hypermaket will become the property of JSC "The Seventh Continent"
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