OREANDA-NEWS. April 06, 2010. The growth in sales in ruble terms in the hypermarket format for February 2010 reached 16%. The growth in regional sales in ruble terms for February 2010 reached 12% YoY.

Based on management accounts the Company’s February 2010 gross retail sales[1] reached 3 942  mn. rubles or USD 131 mn.

During February 2010 the Company opened 1 store in the supermarket format  in Moscow (address: Mironovskaya street, 18). In March 2010 the Company closed 1 store in supermarket format located at the following address: Perm, Kuibysheva street, 16.

The Company is planning to close two supermarkets due to weak financial results located at the following addresses: Volokolamskoe highway, 103;   Dmitrov, Professionalnaya street, 5;  and 1 supermarket in Shopping mall “Atrium” preferring to have similar owned property than having leased property.