South West | Retail, FMCG

M.Video to invest $5.3m opening three new stores

22 Sep '10
Electronics and household appliances retailer M.Video has announced plans to invest $5.3m opening three new hypermarkets in the cities of Yaroslavl (Yaroslavl region), Volgograd (Volgograd region) and Kislovodsk (Stavropol region).

Each hypermarkets area is reportedly to average about 2,000 square meters.

The company is to open its second store in Yaroslavl, the fourth in Volgograd and the first in Kislovodsk, the firm said.
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