Seventh Continent Opened Its Fourth Hypermarket in Moscow
OREANDA-NEWS. On 16 February 2009 according to the strategy of hypermarket format development JSC “The Seventh Continent” announced the opening on 12 th February 2009 of its fourth hypermarket in Moscow. The new hypermarket is located in modern shopping mall “Rio” by the following address: crossroad of MRHW and Dmitrovskoe highway.
Total area of the new hypermarket is 17 500 th. sq. m., total selling area – 10 400 th. sq. m. This project was achieved in the frames of the strategic Agreement between the JSC "The Seventh Continent" and “TASHIR Group”. In accordance with the signed Agreement the floor space of the hypermarket will be owned by the Company.
Hypermarket offers 50 000 SKUs including: in-store production – about 1000 SKUs, private label products – about 1000 SKUs under our own brand “Our Product” and “Seventh Continent”. 420 employees are working in the hypermarket.
Celebrating the new “NASH Hypermarket” opening in all hypermarkets of the Company a special offer “Bottom price” begins. Also special offers as “-5% on the next purchase”, “SHOK price”, “Sweet dreams” are in action.
The new hypermarket became the 10th store of this format. The first hypermarket was opened in 2005 also in TC “Rio” at the following address: В. Cheremushkinskaya, 1.
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