One of Ukraine’s largest electronics retailers has closed half of its stores.

Friday, August 18, 2023
One of Ukraine’s largest electronics retailers has closed half of its stores.

The Eldorado chain of stores has closed almost half of its sales branches since the beginning of the full-scale Russian invasion. “The company could not/didn’t want to accumulate funds to settle with suppliers for pre-purchased goods. Accordingly, their goods on hand are not enough to fill their stores, so they are closed”, anonymous sources told the publication.

As of December 2021, the company had 129 stores. However, since the full-scale invasion, the situation has changed dramatically. By the end of 2022, 40 stores were closed – with Russia destroying some of them. The chain continues to close stores throughout 2023. Now there are only 65 left. Since the beginning of summer alone, the company has closed 17 stores in Vinnytsia, Dnipro, Ivano-Frankivsk, Kropyvnytskyi, Kyiv, Vyshgorod, Podilsk, Poltava, Rivne, Kherson, and Khmelnytskyi.

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