Ukrainian retailer Fozzy Group is set to open its first store in Kiev
First store in the region
Fozzy Group, the largest retail chain in Ukraine, has leased 10,000sqm from a shopping centre being built in Kiev in order to open its first Cash & Carry in the region and its eighth in the country. The site is due to open in May 2013.
Alex DeLuca, Marketing Director, has stated that the SEC Art Mall has been selected for the first location in Kiev due to its favourable location and lack of serious competitors in the wholesale format. With 75,000 people passing the location each day and a densely populated neighbourhood, it is expected for this store opening to be a credible move for the retailer in boosting its profile.