OREANDA-NEWS.  On 28 February 2008 according to the strategy of expansion JSC “The Seventh Continent” announced the opening of hypermarket “Nash Hypermarket” in Moscow. The hypermarket is located at the following address: Orekhovyi bul’var, 22А, shopping mall “Oblaka”.

The shopping mall “Oblaka” where the hypermarket is established is a modern comfortably located trading complex with total area of 96 thousand square meters, with a three-level underground parking, kids’ zone, food-court and plenty of salesrooms. The hypermarket “Nash hypermarket” and other sales area occupy more than 12 thousand square meters that in the short run will pass into the ownership of  JSC “The Seventh Continent”.

Total area of the “Nash hypermarket” is 9, 2 thousand square meters, selling area is approx. 6.2 thousand square meters. In accordance with unitary standards of the format new hypermarket proposes more than 40 000 SKUs (60% of food and 40% of non-food)  including: in-store production – more than 700 SKUs, private label products – about 1100 SKUs under our own brand “Our Product

JSC "The Seventh Continent" invested in this project approx. $ 40 mn. including equipment investments of US$ 6 mn.