Lenta, Russia’s top 10 retail chain, is expected to launch its first supermarket in Moscow in April, according to Kommersant daily.
The debut store will open in the VDNKh shopping mall, boasting a trade floor of 1,500 sq m.
Two more locations have not yet been revealed.
In spring of 2012, Lenta began construction of a distribution centre in the Moscow Region, worth $50 million.
Lenta owns a chain of 56 supermarkets, 16 of which are in St. Petersburg. The controlling stake belongs to TPG, a US investment firm.
Author: Mikhail Vesely