Rieker
Russian retail earns more than 200 thousand rubles from one “square”
19.07.2011 2470

Russian retail earns more than 200 thousand rubles from one “square”

The average revenue per square meter of the largest apparel and footwear retailers in Russia has grown by 3% over the past year. These data are presented in the INFOLine Retailer Russia TOP-100 rating of retail chains, compiled by INFOLine in cooperation with Retailer magazine. According to the study, more active growth in revenues is hindered by the growth of rental rates. Moreover, for the segment of clothing and footwear - this figure is one of the highest.

INFOLine notes that on average over a hundred Russian retail leaders, sales per square meter grew insignificantly (6,3% in ruble terms, which does not even cover last year’s inflation). This is primarily due to the high level of competition in the markets of large cities, where the bulk of the revenue of large retailers is formed. A significant increase in the revenue of most of the largest chains in 2010 was not due to an increase in the efficiency of their operating activities, but to an increase in the area as a result of the opening of new stores (the total increase in the area of ​​the first hundred retailers by the end of the 2010 year amounted to 13 million sq m).
 
Revenue per square meter for 2010 year varies significantly depending on the segment. According to INFOLine analysts, this is due to the fact that the levels of rental rates in shopping centers for chains also vary depending on the retail segment. So, the level of rental rates in Russia for clothing market players reaches $ 4 thousand per square meter per year.

INFOLine predicts a further increase in rental rates. According to the agency’s specialists, the tendency will be further developed already in the first half of this year. Since the beginning of 2011, many developers, owners of shopping malls, have been engaged in the renegotiation of contracts that were concluded during the crisis. Prices in new contracts are rising, analysts say. About it writes fashionunited.ru

The average revenue per square meter of the largest retailers of clothing and footwear in Russia over the past year has grown by ...
5
1
Rating

Latest News

Crocs has updated the retail concept of stores in two Moscow "Mega"

In Mega Teply Stan and Mega Belaya Dacha, the renewed retail of the American shoe brand Crocs was opened. The Crocs Urban store concept was developed by Russian designer Polina Shcherbakova together with the international agency Briggs ...
14.05.2021 175

"Gardener" goes online

The Sadovod clothing market near Moscow opens its online store on the AliExpress platform and goes online for the first time. Sales of "Gardener" products on the Internet will be conducted in parallel with ...
14.05.2021 267

Wildberries Records Substantial Growth in Running Shoes Sales

During the "big" May holidays, Russian consumers actively purchased sports goods. This is evidenced by the sales data of Wildberries, the largest online marketplace in Russia. From May 1 to May 10, 2021, residents of our country purchased online ...
14.05.2021 192

Concept Group is testing a subscription service for baby clothes

Concept Group, a member of AFK Sistema, is trying a new format of service for the sale of clothes and launches a subscription service for children's clothing of the Acoola brand. Acoola Box will become an analogue of NetFlix in the fashion world and will simplify the process of buying children's clothing for ...
13.05.2021 265

Paper Shop outlet opened at Novaya Riga Outlet Village

A new outlet in the Paper Shop format was opened in Moscow in Novaya Riga Outlet Village. The store offers a wide range of clothes, bags, shoes, accessories from the current collections of Calvin Klein, Calvin Klein Underwear, Diesel, ...
13.05.2021 279
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning