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Decathlon will build five more hypermarkets in Siberia
11.07.2016 1772

Decathlon will build five more hypermarkets in Siberia

The French company Decathlon plans to build five sporting goods hypermarkets in five large cities of Siberia - Novosibirsk, Kemerovo, Krasnoyarsk, Omsk and Tomsk by 2020. With the average cost of building one hypermarket 300 million rubles. investments in the project will amount to approximately 1,5 billion rubles, Kommersant reports. The company is considering the possibility of renting existing sites and building hypermarkets from scratch. In Krasnoyarsk, the company plans to open the first hypermarket (area 3,5 thousand sq. M) on the leased area in 2017 year. It will be located in a separate building on a land plot of 2,4 ha (at the suppression of Aviatorov St. and 9 May Street). In Novosibirsk, we are talking about construction, the opening of the Novosibirsk hypermarket may take place in 2018 year. Its area will be 3 – 3,5 thousand square meters. m

DSO Consulting Managing Partner Sergey Dyachkov estimates the payback period of Decathlon hypermarkets when they are built from scratch in about 10 years, and when they are rented, they are half as much.

Decathlon is an international company for the development, production and sale of sporting goods, apparel and footwear, founded in 1976 in France. Today in Russia, the network has 39 stores in 20 cities (in the world - more than 1 thousand points). All of them are located in the western part of Russia. The company is owned by the Mulier family (also controls the Auchan network).
The French company Decathlon plans to build five sporting goods hypermarkets in five large cities of Siberia - Novosibirsk, Kemerovo, Krasnoyarsk, Omsk and Tomsk by 2020.
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