The most significant sales area growth was recorded for the discounter stores in Russia in 2020, at over 10 percent year-over-year. Hypermarkets, on the other hand, reported a decrease by 0.4 percent in total sales area compared to 2019.
Year-on-year sales area growth in the modern food retail segment in Russia in 2020, by store format*
* Modern retail - Consists of hypermarkets, supermarkets, online stores and discounters.
Hypermarket - Sales area between 3,000 to 6,000m², substantial non-grocery store offering.
Supermarket - Sales area ranging from 300 to 6,000m², store offering is predominantly food.
Discounter - Sales area from 300 to 1,500m² (potentially up to 6,000m²), narrow range (<4,000 SKUs) with a focus on everyday low prices. Offerings typically dominated by private label and stores operate with low-cost business model.
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McKinsey & Company. (March 25, 2021). Year-on-year sales area growth in the modern food retail segment in Russia in 2020, by store format* [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1230554/russia-sales-area-growth-in-modern-food-retail-segment/
McKinsey & Company. "Year-on-year sales area growth in the modern food retail segment in Russia in 2020, by store format*." Chart. March 25, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1230554/russia-sales-area-growth-in-modern-food-retail-segment/
McKinsey & Company. (2021). Year-on-year sales area growth in the modern food retail segment in Russia in 2020, by store format*. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1230554/russia-sales-area-growth-in-modern-food-retail-segment/
McKinsey & Company. "Year-on-year Sales Area Growth in The Modern Food Retail Segment in Russia in 2020, by Store Format*." Statista, Statista Inc., 25 Mar 2021, https://www.statista.com/statistics/1230554/russia-sales-area-growth-in-modern-food-retail-segment/
McKinsey & Company, Year-on-year sales area growth in the modern food retail segment in Russia in 2020, by store format* Statista, https://www.statista.com/statistics/1230554/russia-sales-area-growth-in-modern-food-retail-segment/ (last visited November 21, 2024)
Year-on-year sales area growth in the modern food retail segment in Russia in 2020, by store format* [Graph], McKinsey & Company, March 25, 2021. [Online]. Available: https://www.statista.com/statistics/1230554/russia-sales-area-growth-in-modern-food-retail-segment/