Fixprice
Fix Price is a Russian chain of stores in the "fixed price store" format.
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Fixprice
Fix Price is a Russian chain of stores in the "fixed price store" format, the management company of Best Price LLC. The network includes more than 4,800 stores operating in more than 1,300 localities in 79 regions of Russia, as well as in Georgia, Kazakhstan, Latvia, Belarus, Uzbekistan and Kyrgyzstan.
Fix Price is a Russian chain of stores in the "fixed price store" format.
Fix Price Group (“the Company” or “Fix Price”), an international variety
value retail chain and Russia’s largest, today announces the opening of the 4,000th Fix Price store.
Fix Price has a broad geographical presence and is continuing to grow: since 30 June 2020, the total
number of stores has increased by 227, and by 488 since the beginning of the year. The Company’s
efficient business model, 100% standardised stores and high level of automation enable Fix Price to roll
out its network and open new stores in short timeframes. Today Fix Price is present in 78 of the 85
regions of Russia. The store network is also being expanded in Belarus, Kazakhstan, Uzbekistan, Georgia,
Latvia and Kyrgyzstan.
Like every store in the chain, the landmark 4,000th Fix Price store in the town of Buzuluk, Orenburg
region, offers a wide range of goods at six fixed price points: RUB 50, 55, 77, 99, 149 and 199. The Fix
Price assortment extends across more than 20 categories – primarily non-food, cosmetics and
household chemicals, as well as a selection of foods. Over its more than 13-year history, the Company
has gained a deep understanding of its customers’ needs and created an offering of in-demand and
essential goods at affordable prices. The Company constantly refreshes its assortment, with 40 to 60
new SKUs appearing in Fix Price stores every week.
About the Company
Founded in 2007, Fix Price Group is an international variety value retail chain and Russia’s largest, with
4,000 stores in more than 1,000 localities in Russia and neighbouring countries. Fix Price offers its
customers a broad assortment of goods for the whole family. The Company’s stores offer around 2,000
SKUs in more than 20 different categories, including daily essentials. All goods are sold at six price
points.
In 2019, the Company recorded revenue of RUB 142.9 billion, EBITDA of RUB 27.2 billion and net profit
of RUB 13.2 billion, in accordance with IFRS.
Fix Price Group (“the Company” or “Fix Price”), an international variety
value retail chain and Russia’s largest, today announces the opening of the 4,000th Fix Price store.
Fix Price has a broad geographical presence and is continuing to grow: since 30 June 2020, the total
number of stores has increased by 227, and by 488 since the beginning of the year. The Company’s
efficient business model, 100% standardised stores and high level of automation enable Fix Price to roll
out its network and open new stores in short timeframes. Today Fix Price is present in 78 of the 85
regions of Russia. The store network is also being expanded in Belarus, Kazakhstan, Uzbekistan, Georgia,
Latvia and Kyrgyzstan.
Like every store in the chain, the landmark 4,000th Fix Price store in the town of Buzuluk, Orenburg
region, offers a wide range of goods at six fixed price points: RUB 50, 55, 77, 99, 149 and 199. The Fix
Price assortment extends across more than 20 categories – primarily non-food, cosmetics and
household chemicals, as well as a selection of foods. Over its more than 13-year history, the Company
has gained a deep understanding of its customers’ needs and created an offering of in-demand and
essential goods at affordable prices. The Company constantly refreshes its assortment, with 40 to 60
new SKUs appearing in Fix Price stores every week.
About the Company
Founded in 2007, Fix Price Group is an international variety value retail chain and Russia’s largest, with
4,000 stores in more than 1,000 localities in Russia and neighbouring countries. Fix Price offers its
customers a broad assortment of goods for the whole family. The Company’s stores offer around 2,000
SKUs in more than 20 different categories, including daily essentials. All goods are sold at six price
points.
In 2019, the Company recorded revenue of RUB 142.9 billion, EBITDA of RUB 27.2 billion and net profit
of RUB 13.2 billion, in accordance with IFRS.
Fixprice
Fix Price is a Russian chain of stores in the "fixed price store" format, the management company of Best Price LLC. The network includes more than 4,800 stores operating in more than 1,300 localities in 79 regions of Russia, as well as in Georgia, Kazakhstan, Latvia, Belarus, Uzbekistan and Kyrgyzstan.
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