Business news from Ukraine

JYSK has opened new store in Kyiv

10 May , 2024  

On Thursday, May 9, the international chain JYSK opened a new store in the capital’s Nyvky shopping center (58 D. Shcherbakovsky Street), the company’s press service reports.

“I am sure that the visitors of Nyvky shopping center on Danylo Shcherbakovsky Street will be pleased with the JYSK store in the SC3.0. Compact”. This format allows us to use the retail space more efficiently, presenting a wider range of home and garden furniture to consumers,” Yevhen Ivanitsa, Country Director of JYSK Ukraine, was quoted in the release.

The new store is located on the ground floor and occupies 1,019 square meters of retail space plus a 210 square meter warehouse. The store has non-standard equipment, higher than usual, which has increased the area for furniture display.

Like all new JYSK stores, it is built in the 3.0 concept, which includes modern spot lighting, spacious design, customer-friendly zoning of product categories, a spacious mattress studio, etc., as well as an enlarged social area and improved conditions for staff, the company said.

Currently, there are 94 stores and the jysk.ua online store in Ukraine, and the company plans to reach 100 stores by the end of 2024. Ivanitsa said that there will be some news about the expansion of the network next week. JYSK has more than 800 employees in the country.

JYSK is part of the family-owned Lars Larsen Group with more than 3.4 thousand stores in 48 countries.

JYSK’s revenue in the financial year 2022/23 amounted to EUR 5.2 billion.

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