International chain JYSK on Thursday opened a new store in Sofia Mall (Kiev region, Sofievska Borschagovka, Heroes of Heavenly Sotnya Avenue, 24/83), the company’s press service told Interfax-Ukraine.
“JYSK is expanding the geography of stores in Ukraine. We see the demand for our goods both in cities with a million inhabitants and in satellite cities, which offer a new quality of life to residents of conurbations. We are happy to contribute to positive changes in the homes of our customers and to be useful at a convenient time and place”, – comments JYSK Country Director in Ukraine Eugene Ivanitsa.
The new store has an area of 1280 square meters, as well as an additional outside area for garden furniture exhibition of almost 100 square meters. meters.
Like all new JYSK stores, the store is built in accordance with the modern concept of the chain 3.0, with new lighting, spacious design and zonal placement of product categories.
Since the beginning of 2023, the JYSK chain has opened three new stores and revamped the operations of two existing stores. Two more new stores are expected to open before the end of summer – in Kamenskoye, Dnipro region, and in Drohobych, Lviv region, as well as the reorganization of one of Kyiv stores into a new format.
JYSK is part of the family-owned Lars Larsen Group, with more than 3.2 thousand stores in 48 countries. JYSK’s revenue in fiscal year 2021/22 amounted to EUR 4.87 bln.
Currently, there are 88 JYSK stores and online store jysk.ua in Ukraine. The company notes that this figure should increase to 100 already in 2024. JYSK has over 800 employees in Ukraine.
Scandinavian chain of home stores JYSK in April exported furniture from Ukraine for EUR2.11 mln which is 46.7% more than in April 2022, informed chief director of JYSK in Ukraine Evgeniy Ivanytsya to Interfax-Ukraine news agency.
“We are glad that in April JYSK in general has increased the volume of purchases of goods in Ukraine not only in comparison with 2022, when exported products for EUR 1 million 438 thousand, but also pre-war 2021 with EUR 1 million 704 thousand,” – said Ivanitsa.
As an example, he cited a series of furniture Billund, named after a small town in Jutland, which is produced by “Accord” from Khmelnitsky.
As it was reported, in 2023 chain JYSK opened two new stores, announced the opening of the renovated store in the shopping center “Riviera” in Odessa” and four new stores – in June in Dnepr, Kamensky in Dnepropetrovsk region and Kolomiya in Ivano-Frankivsk region, in July in Kiev.
JYSK is part of the family Lars Larsen Group. JYSK revenue in fiscal year 2021/22 was EUR 4.87 billion.
Today in Ukraine works 84 stores JYSK and online store jysk.ua. JYSK staff in Ukraine consists of more than 800 employees.
On Thursday, July 28, a chain of furniture and household goods stores JYSK opened a store in the Maidan shopping center in Chervonohrad (Lviv region), the retailer’s press service told Interfax-Ukraine.
The press service said that JYSK occupied a space for a store with an area of 982 square meters in the Maidan shopping center and the storage space of 282 square meters.
“We at JYSK believe that by continuing to develop business under martial law, the company contributes to the economy of Ukraine and its future victory. Since the beginning of the war, each opening of a new JYSK store or the resumption of a damaged JYSK store has been accompanied by charity events. This time we would like to draw public attention to the importance of full psychological and metal rehabilitation of our wounded defenders,” JYSK Country Manager in Ukraine Yevhen Ivanitsa said.
The retailer will hold a charity event together with the NGO Space of Opportunities starts a charity event. All customers of the network can take part in it by purchasing patriotic stickers. All proceeds will be transferred to the rehabilitation of the defenders of Ukraine.
According to the press service, the previous charity activity in the sale of patriotic stickers made it possible to collect more than UAH 230,000 in a week.
JYSK, a chain of furniture and home goods stores, plans to open a new store in Lviv on June 16, in Chervonohrad and Rivne in July, the company’s press service has reported.
“Under any circumstances, we aim to restore the operation of all stores that worked before the outbreak of hostilities. I will say more, at the beginning of the war, a process to open seven new JYSK stores in different parts of Ukraine was launched. Despite the uncertainty of martial law, the company is already considering the possibilities on the implementation of plans to open some of them,” Yevhen Ivanitsa, Country Manager of JYSK in Ukraine, is quoted as saying.
New stores will be opened in the Fabrik shopping center in Lviv, the Maidan shopping center in Chervonohrad, and the HAPPY Mall shopping center in Rivne.
In addition, in June the company reopens a store in the Retroville shopping center in Kyiv, and in July it is planned to reopen a store in the Vostorg shopping center in Kharkiv.
Stores have been restored wherever it is safe for customers and employees, JYSK said. At the same time, significantly damaged chain stores and those located in the temporarily occupied territories do not operate.
The damage and losses of the network have not yet been calculated, but it is supposedly about tens of millions of hryvnias, the company said.
“There are completely destroyed stores in Hostomel and Kherson, there are significantly damaged stores in Odesa – in the Riviera shopping center, Kyiv – Retroville shopping center, Kharkiv – Vostorg shopping center, there are looted stores in Bucha and Melitopol, there are shops in the occupied zone – Nova Kakhovka, Melitopol, Kherson,” Ivanitsa said.
Jysk Ukraine LLC (Kyiv), which develops a chain of stores of furniture and household goods (Denmark) in Ukraine, increased sales in Ukraine in the 2020 financial year (September 1, 2019-August 31, 2020) by 23.8% compared to the previous fiscal year, to UAH 2.319 billion.
“The fiscal year of 2020 has ended. Dramatic, unpredictable, but the best in Jysk history: despite the coronavirus, Jysk achieved a record turnover of EUR 4.1 billion, up 7.6% from FY 2019,” Executive Director of Jysk in Ukraine Yevhen Ivanytsia said on LinkedIn.
This is the result of strong pre-coronavirus sales in Europe and Asia and a significant increase in sales compared to the previous period in customer numbers after the company was allowed to reopen stores, he noted.
In particular, following the results of Jysk’s work in 2020 fiscal year in Ukraine, it posted a turnover of UAH 2.319 billion (23.8% more), 13 new stores were opened. Thus, currently there are 67 stores and an online store in Ukraine. The staff is 637 people.
As reported, Jysk Ukraine LLC plans to open 12 new objects annually, and in four financial years to increase the network to 100 stores.
The Jysk network began to develop in Ukraine in 2004 according to the franchising model. In 2012, the parent company bought out all the franchise stores and started developing independently.
Jysk Ukraine LLC (Kyiv), developing the JYSK furniture and household goods store chain of Jysk Group (Denmark), plans next fiscal year (September 1, 2019 – August 31, 2020) to boost sales in Ukraine by 20% compared with the previous year figure. “We plan sales growth in the next fiscal year by 20% thanks to better service, better range of products choice and prices. In this case, we are talking only about growth in comparative stores. Plus, there is a plan to open 12 new stores,” Jysk Executive Director Yevhen Ivanitsa told Interfax-Ukraine.
According to him, the net sales growth (for comparative stores) of the network in Ukraine in 2018/2019 fiscal year amounted to 23.6%. In general, according to the results of the year, the gross increase in the network’s turnover amounted to more than 45%, being more than UAH 2 billion. Payment of taxes grew by a third, to UAH 200 million.
According to Jysk, last year the network expanded by 12 outlets and now has 54 stores in 25 cities of Ukraine.
