Fix Price
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Fix Price is a Russia-based chain of discount variety stores. The chain includes 4,162 stores[1] in Russia, Belarus, Kazakhstan, Uzbekistan, Latvia, Georgia and Kyrgyzstan.[2]
Fix Price performed strongly throughout 2020, opening new stores and increasing like-for-like sales in the first nine months of 2020 by double digits.[3]
The company was founded by Sergei Lomakin and Artem Khachatryan in 2007, founders and executives of the former Kopeyka (supermarket) chain.[4] Goldman Sachs Group, Inc acquired a stake in the company in 2020.[5]
References
- ^ "Fix Price = About". Fix Price - About. Retrieved 28 December 2020.
- ^ "Russia's Fix Price Group Opens 4,000th Outlet". European Supermarket Magazine. Retrieved 28 December 2020.
- ^ Briggs, Fiona. "Russian discounter, Fix Price Group, posts double digit like-for-like growth in Q3". Retail Times. Retrieved 28 December 2020.
- ^ Aris, Ben (October 27, 2020). "Russian crises drive a discount retail boom". bne IntelliNews. Retrieved 28 December 2020.
- ^ Khrennikov, Ilya (November 18, 2020). "Fix Price to Build on Goldman Backing With London IPO Plan". Bloomberg. Retrieved 28 December 2020.
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