How is the Ukrainian retail sector evolving during the war? Andriy Zhuk, Chairman of the Retailers Association of Ukraine (RAU), observed that last year pharmacy retail was the most actively developing segment, accounting for 45% of all new retail locations. N... #PharmaceuticalMarketUkraine #retailUkraine #ShoppingCenters #UkraineEconomy #UkrainianMarket
How many stores did Ukraine’s largest grocery retailers open last year? The undisputed leader in Ukrainian grocery retail, the ATB chain, already had 1,257 stores by the end of 2024. Last year, the retailer opened 47 new outlets and renovated 11 more locations. In turn, F... #ATBmarket #CleverStores #FozzyGroup #MHP #NashKray #retailUkraine #Silpostores #SPAR
The Epicentr hypermarket chain is planning to expand its grocery division. Currently, the Food Market chain within the Epicentr group of companies operates 26 retail outlets. “Unfortunately, part of the Food Market network was lost in shopping centers that were destroy... #Epicentr #FoodMarket #FoodRetail #investments #retailUkraine
Last year, a Ukrainian developer put over 500,000 square meters of new retail space into operation. The total volume of construction work completed in Ukraine in 2024 rose by 15.5% compared to the previous year, reaching ₴204.7B, against a 25% increase in 2023. The non-residential construction secto... #CommercialRealEstate #Construction #retailUkraine #ShoppingMallsUkraine #VolynRegion
Nearly 50% of Ukrainian retail operates in the shadows. The extent of shadow activity in Ukrainian retail trade has reached a critical level: According to various estimates, up to 45% of all retail transactions may take place outside of Ukraine’s tax... #retailUkraine #TaxesUkraine #UkraineBudget #UkraineEconomy #UkraineShadowEconomy
A new shopping mall is set to be built in the Lviv region, while JYSK enhances its stores’ efficiency. In the Lviv region, near the entrance to the city of Vynnyky, plans are underway to construct a large shopping mall that will feature a supermarket, various shops, food outlets, a children’s pla... #JYSK #JyskUkraine #Khmelnytskyy #LvivRegion #retailUkraine #ShoppingMallsUkraine
ATB plans to expand its network to 5,000 stores while investing in energy independence. ATB Corporation, Ukraine’s largest grocery retailer, aims to increase its footprint to 5,000 stores, which is 250% more than its current network of 1,300 stores. In 2025, the corporation intends... #ATBmarket #EnergyIndependence #GenadiyButkevych #investments #retailUkraine #SolarPanels
Trends in the commercial real estate market in Kyiv. CBRE Ukraine’s research for the second half of 2024 shows that retail turnover in Ukraine increased by 13% year-on-year. However, consumers continue to face a challenging economic situation, and... #CBREukraine #CommercialRealEstate #OceanMall #retailUkraine #ShoppingMallsUkraine
Retail turnover in Ukraine grew by 18%, but a third of retail revenue occurs in the shadows. According to UTG estimates, Ukraine’s 2024 retail turnover is expected to amount to ₴2.184T despite the war, which is 17.7% more than in 2023 (₴1.822T). Turnover is also growing in dollar equiva... #NAIUkraine #RetailTradeTurnover #retailUkraine #UkraineEconomy #UkraineShadowEconomy
Retail development in Ukraine: Chains open new outlets and gather financing for scaling. A new McDonald’s restaurant with an area of 465 square meters has opened in Kyiv. This is the chain’s 109th establishment that is currently operating in Ukraine out of a total 124 existing loc... #Agromat #FainoMarket #investments #McDonalds #OceanMall #retailUkraine #ShoppingCentersUkraine #Varus
Ukrainian retailers opened 2,279 stores in the first 10 months of the year. As of November 2024, 22,557 retail outlets in eight main retail sectors operated under the brands of the 110 members of the Ukrainian Retailers Association. The number of stores increased by 2,279 in ... #Dnipro #kyiv #Odesa #PharmaceuticalSector #retailUkraine #Львів
A famous Ukrainian chef has invested €500,000 to launch two retail businesses and expects to attract another €1.5M. Chef and restaurateur Yevhen Klopotenko invested €500,000 in creating the 100Years brand and the 100shop online store. By the end of 2025, Klopotenko hopes to bring both businesses to self-sufficiency... #100shop #100Years #FoodProducts #investments #retailUkraine #YevhenKlopotenko
Despite the war, Jysk continues to invest and opens its 100th store in Ukraine. Jysk, an international home furnishing retailer, is opening a new store in Chernivtsi on Thursday, October 3, said Yevhen Ivanitsa, the Country Director in Ukraine. Since the start of the full-scale i... #investments #IvanitsaYevhen #JYSK #JyskUkraine #retailUkraine #UBNnetwork #UkraineBusinessNetwork #YevhenIvanitsa
In the first half of the year, Ukrainian retail improved its main indicators. The index of retail well-being is gradually improving, and vacancy in shopping centers is decreasing, but no significant changes in attendance have yet been observed. The situation’s improvement occur... #RealEstateVacancy #retailUkraine #ShoppingMallsUkraine #UkraineEconomy
How did the largest retailers in Ukraine perform in the first half of the year? According to a financial report, sales for almost all of Ukraine’s largest retailers increased from January to June, except for Auchan Ukraine. ATB’s sales increased by 14.3% to ₴97.5B. Th... #Epicentr #Fora #Novus #retailUkraine
A large chain of supermarkets has invested more than ₴70M in energy efficiency and seeks $15M more for its further plans. Top manager of the Novus network, Dainius Tumėnas, said that Novus has already invested more than ₴70M in its energy efficiency program. Diesel generators are installed at 98% of facilities. One of th... #Energyefficiency #investments #Novus #RaimondasTumėnas #retailUkraine
The largest shopping mall in Ukraine and Eastern Europe switches to imported electricity to stabilize its operations. Against the background of the difficult situation with the country’s energy system, the Respublika Park shopping center switched to using imported electricity. Earlier, the Gulliver shopping cen... #ATBmarket #ElectricityDeficitUkraine #ElectricityImports #Gulliver #RespublikaPark #retailUkraine
Retail trade leaders increased their incomes by almost 23%. The combined income from the largest companies in the Retail Trade Index last year amounted to ₴457.32B (+23% by 2022). ATB-Market remains the leader in retail trade. ATB received almost 40% of the co... #ATBmarket #Comfy #EVA #FozzyGroup #retailUkraine #Silpostores
How did Ukraine’s retail food industry develop in June? The Fora supermarket chain, operated by Fozzy Group, followed the successful opening of its first location in the Lviv Oblast by immediately opening a supermarket in Mykolaiv and another in Vinnytsia ... #Fora #FozzyGroup #MiMarket #Novus #Posad #retailUkraine #Silpostores #SPAR
Famous international brands are slowly but steadily returning to Ukraine. The Danish company JYSK and the multi-brand company Argo were among the first to adapt to the new wartime realities of operating in Ukraine when they opened stores as early as March 2022. In April, th... #ForeignBrands #ikea #JYSK #McDonalds #retailUkraine #UkrainianMarket
The number of stores in Ukraine increased in the beginning of the year; retail follows internal migrants. As Retail & Development Advisor stated, the number of stores operating in Ukraine in January-March 2024 exceeded 18,000, which is 4% more than in the first quarter of 2023. “The return of ou... #FashionStore #RentalRates #retailUkraine #ShoppingMallsUkraine #sinsay
Retail is gaining momentum: Turnover in 2023 exceeded pre-war figures by ₴100B. Unlike in 2022, when companies’ income significantly decreased due to Russia’s occupation of large areas of Ukraine, looting, shelling, constant air strikes, and blackouts, last year Ukrainian r... #ATBmarket #EpicentrK #RetailTradeTurnover #retailUkraine #Silpostores #UkraineEconomy
How is the retail market in Ukraine doing in the third year of the war? Comfy, one of Ukraine’s largest retailers of household appliances and electronics, continues to scale its business. The retailer opened its first store in Berdychiv (Zhytomyr Region) with a tota... #AllianceOsnova #Comfy #retailUkraine #SimeynaLavka #Torba #ukrainianbusiness
Which type of business in Ukraine files for bankruptcy most often? In the first quarter of 2024, 192 businesses received court decisions regarding bankruptcy proceedings. The largest number among them are legal entities working in trade and providing transport repair... #Businessbankruptcy #businessinukraine #retailUkraine #UkraineEconomy #UkrainianEnterprises
While foreign brands plan to enter the Ukrainian market, retailers are focused on domestic manufacturers. Despite the ongoing war, new global brands are entering the Ukrainian market. In April, Inditex brand stores (Zara, Stradivarius, Bershka, etc.) reopened, and Sinsay has been operating since the end o... #AndriyZhuk #ForeignBrands #retailUkraine #UkraineBrands #UkrainianMarket
The return of foreign brands to Ukraine has provoked an increase in rental rates for retail space by 8-10%. According to CBRE Ukraine, in 2023 four new retailers entered the Kyiv market – the Italian premium clothing brand EA7, American household electronics brand KitchenAid, Polish clothing brand Hal... #CBRE #CommercialRealEstate #RentalUkraine #retailUkraine #ShoppingMallsUkraine
How did the largest players in grocery retail develop in 2023? Ukraine’s top ten FMCG operators in terms of the total number of stores remained almost unchanged. Only one new player appeared in the list of leaders – the Marketopt chain of stores, whic... #ATBmarket #CleverStores #FozzyGroup #retailUkraine
Despite the ongoing war, Ukrainian retail is recovering. The retail sentiment index, which is calculated monthly by the Ukrainian Council of Shopping Centers, shows that the shopping and entertainment center market in Ukraine has recovered by about 66%. ... #retailUkraine #ShoppingCentersUkraine #ShoppingMallTraffic #UkraineEconomy
The number of shopping malls in the capital will soon increase by 50 new facilities. In the coming years, 50 new shopping and entertainment centers may appear in Kyiv. To the existing shopping centers with 2.5 million square meters, in 2024-2025 developers plan to construct facilities... #retailUkraine #ShoppingMallsUkraine #UkraineEconomy #UTG #VaccinationCentersKyiv
A chain of perfume and cosmetics stores increased its turnover by 40% and plans to invest about ₴1.5B in development. In 2023 EVA opened 59 new stores and increased its turnover by 40% compared to 2022. As of December 31, the network had 1,061 stores. In 2024, the company plans to open about 60 more stores. Planned i... #CosmeticsStoresUkraine #EVA #investments #retailUkraine
Despite the war, Ukrainian retailers significantly expanded their store networks. As of the end of October 2023, 17,692 stores in the main retail sectors (including the entertainment sector) were operating in Ukraine, which is 1.9% more than in 2021. In 10 months of this year, 1,97... #PharmaceuticalMarketUkraine #retailUkraine #UkraineEconomy #бізнесвУкраїні
Which enterprises have become the Ukrainian wholesale trade market’s leaders during the war? Almost half of the 10 most successful Ukrainian wholesalers are businesses that trade solid, liquid, and gaseous fuels alongside similar products, reported Opendatabot. In particular, Okko, WOG, West ... #Kernel #nibulon #okko #retailUkraine #UkraineEconomy #UkrainianEnterprises
Winetime, a Ukrainian food market chain, issues debut bonds worth ₴400M. The National Securities and Stock Market Commission has registered the debut issue of interest-bearing unsecured A series bonds by the Winetime gastromarket chain, controlled by Asnova Holding. In tot... #BondSalesUkraine #BondsUkraine #retailUkraine #Winetime
How will Ukrainian retail grow in 2023? According to research by GT Partners Ukraine, the network of the largest Ukrainian food retailer, ATB, increased by 2.2% in half a year. The retailer opened 10 stores, and the sales outlets increased ... #ATBmarket #FozzyGroup #retailUkraine
Retail turnover in Ukraine grew by 7.3% in half a year. Retail trade turnover in Ukraine for January-June 2023 in comparative prices increased by 7.3% compared to the same period in 2022, the State Statistics Service reported. In June of this year, a 23.3... #RetailTradeTurnover #retailUkraine #UkraineTrade
Last year, Auchan Ukraine’s income shrank by a quarter. Auchan Ukraine’s revenue in 2022, including three closed hypermarkets, amounted to UAH 10.7B, which is 26.3% lower than 2021’s results, the company reported. Auchan Ukraine’s losses ... #Auchan #AuchanUkraine #BusinessInvestments #retailUkraine #YvesClaude
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 ... #BusinessduringWar #Eldorado #electronicsmarket #retailUkraine
Retail chains lost 20% of their turnover during the first year of the war. According to results from 2022, this indicator amounted to UAH 1.16T, which is UAH 300B, or 19%, less than in 2021 (UAH 1.44T), according to a Association of Retailers of Ukraine study. The study stat... #ATBretailer #RetailTradeTurnover #retailUkraine #Silpostores
In Ukraine, 95% of retail establishments have resumed operations. For comparison, in March 2022 about a third of stores were not open, the Retailer Association of Ukraine (RAU) recalled. It is noted that 15,873 of the 16,787 trading facilities that are members of th... #RAU #retailUkraine #UkraineTrade
Ukrainian retailers have lost $ 1.6B due to the war. The Association of Retailers of Ukraine and the Ukrainian Council of Shopping Centers conducted a study in May, which showed that the total loss of 295 retailers due to the Russian invasion was UAH 50... #RetailDuringWar #RetailLosses #retailUkraine #UkraineRetailers
Foot traffic in shopping malls is down by 30%. The drop in foot traffic at shopping and entertainment centers in Ukraine ranged from 20% to 30%, reported Interfax. The lower number of visitors is due to the introduction of quarantine restrictions,... #retailUkraine #ShoppingMallsUkraine #ShoppingMallTraffic
Rozetka the leading Ukrainian online marketplace, will expand to Uzbekistan. The company plans to develop networks in the regions of Uzbekistan, and is also developing a cross-board model that will make it possible to sell goods from the Ukrainian website to Uzbek customers an... #retailUkraine #Rozetka #RozetkainUzbekistan
Retail sales fell 70% in the first weeks of the current quarantine said Pavlo Savchuk of the ARGO retail chain. “The decline in the share of trade depends on the type of store. The large multi-brand retail chains experienced the most significant drop in sales”. #retailsales #RetailSalesUkraine #retailUkraine
Retail trade turnover increased by 12.3%. In January-September 2021 period, retail trade-in in Ukraine increased by 12.3% compared to the same period in 2020, to UAH 746.87 bln ($28.3 bln), according to the State Statistics Service. #RetailSalesUkraine #RetailTradeTurnover #retailUkraine
Smartphone sales increased by 6% last year, to 6.9 million, reported the analytics firm, International Data Corporation. Sales dropped during the second quarter lockdown, then came back with a roar, increasing by 37% yoy in the last quarter of 2020. This year,... #retailUkraine #SmartPhoneSales
During the first weekend quarantine of November, sales volumes fell by 45% compared to the previous weekend During the first weekend quarantine of November, sales volumes fell by 45% compared to the previous weekend, Ukrainian Processing Center tells Interfax-Ukraine about use of 7.8 million cards of its 19... #buildingroads #glovoukraine #mayorofRivne #retail2020ukraine #retailsales #retailUkraine #rivne #rivnemayor #ukravtodor
To avoid ‘Black Friday’ shopping mob scenes To avoid ‘Black Friday’ shopping mob scenes, many Ukrainian shopping center are opting for social distancing alternatives. Kyiv’s Gulliver shopping center has replaced its planned Friday-Saturday-Sund... #buildingroads #glovoukraine #mayorofRivne #retail2020ukraine #retailsales #retailUkraine #rivne #rivnemayor #ukravtodor
With new infections increasing late last week by 14,500 a day With new infections increasing late last week by 14,500 a day, Ukraine’s government adopted a system of ‘Priority Hours,” for people over 65 years of age to go shopping. The shopping window of 10 am t... #buildingroads #glovoukraine #mayorofRivne #retail2020ukraine #retailsales #retailUkraine #rivne #rivnemayor #ukravtodor
While waiting to see if the weekend quarantines brake the infection rate, the government is polling mayors and religious groups for suggestions for tougher quarantine While waiting to see if the weekend quarantines brake the infection rate, the government is polling mayors and religious groups for suggestions for tougher quarantine that would cause less economic da... #buildingroads #glovoukraine #mayorofRivne #retail2020ukraine #retailsales #retailUkraine #rivne #rivnemayor #ukravtodor
Ivano-Frankivsk Mayor Ruslan Martsinkiv said after an online meeting with the Prime Minister on Thursday Ivano-Frankivsk Mayor Ruslan Martsinkiv said after an online meeting with the Prime Minister on Thursday: “If, God forbid, this lockdown is introduced, it will be a disaster for the economy, especiall... #buildingroads #glovoukraine #mayorofRivne #retail2020ukraine #retailsales #retailUkraine #rivne #rivnemayor #ukravtodor
