The international home goods retailer JYSK opened a new store on Thursday in the Karavan shopping center, one of the largest shopping and entertainment centers in Dnipro, according to the retailer’s press service.
“We are delighted to be even closer to our customers in Dnipro. The Karavan shopping center is a popular destination visited by thousands of city residents every day. The new JYSK store will make high-quality home goods even more accessible,” said Yevgen Ivanytsia, Country Director of JYSK in Ukraine.
The opening of this store, which is the 109th in the chain in Ukraine, confirms the company’s strategic course of development and expansion even in wartime.
The store at 17 Nizhnedniprovska Street has a retail area of 1,069 square meters, as well as 192 square meters of warehouse space with 5-meter-high equipment and 32 square meters of office space. The store is designed in accordance with the Store Concept 3.0, which features a modern interior, convenient navigation, and an inspiration zone for shoppers.
JYSK currently operates in 37 cities in Ukraine. In addition, there is an online store at jysk.ua.
The company employs over 800 people in Ukraine.
JYSK is part of the family-owned Lars Larsen Group, which has over 3,500 stores in 50 countries.
JYSK’s revenue in the 2023/24 financial year was EUR5.6 billion.
The international chain JYSK opened a new store in Odesa in the Rodos shopping center (1 Genoese St.) on Thursday, the company’s press service told Interfax-Ukraine.
The new store has a retail area of 955 square meters, a warehouse of 216 square meters, and office space of 47 square meters. Like all new JYSK stores, it is built in accordance with the modern 3.0 concept with full spot lighting, convenient arrangement of goods, which will create a comfortable shopping experience, the company said in a statement.
The new store became the 101st store of the chain in Ukraine, which celebrated its 20th anniversary on the Ukrainian market in October. In the financial year 2025, it is planned to open eight more new stores and renovate 12 existing ones.
JYSK is part of the family-owned Lars Larsen Group with more than 3.5 thousand stores in 48 countries.
JYSK’s revenue in the financial year 2023/24 amounted to EUR 5.6 billion.
A store of the Ukrainian franchise Multi Cook, created by the co-founder of the Galya Baluvana chain of stores, will open in the center of the Slovak capital Bratislava on November 24, the Multi Cook press service reports.
According to the new franchisee, Yuriy Porokhnavets, Slovak law requires that premises for the production and sale of semi-finished products meet the same standards as restaurants. The other day, the Slovak sanitary and epidemiological service signed all the documents that allow opening a Multi Cook convenience store.
It is noted that along with the Multi Cook brand, another direction is developing abroad – Multibar. This is a new network of establishments that will offer ready-to-eat meals for visitors to take away and on-site. One of the first franchisees to open this format will be in Warsaw.
The Porokhnavets family plans to become the first Multibar franchisee in Bratislava.
As reported, the franchise of the Ukrainian chain of convenience stores Galya Baluvana under the Multi Cook brand has been developing since 2022. So far, it is represented by more than 250 stores in 25 countries. According to co-founder Volodymyr Matviychuk, Slovenia will be the 26th country where the franchise will be introduced, followed by Sweden and Switzerland.
Galya Baluvana was founded in 2019 in Lutsk. As of August 2024, the chain had more than 950 stores and 172 franchisees. Since 2023, the company has stopped adding new partners to the general Galya Baluwana network, and only franchisees that were included earlier can open new outlets.
According to Opendatabot, Volodymyr Matviychuk and Oleksandr Teliga are the owners of the chain’s development company, Cooking at Home LLC (Lutsk).
Novus Ukraine LLC has opened the 22nd Mi Market store in its network, the retailer’s press service reports.
The release notes that the company continues to develop the convenience store format.
The total area of the new store in Kyiv at 35 Anna Akhmatova Street is 118.7 square meters, of which the retail space is 74.2 square meters. The store’s assortment includes more than 2.8 thousand items, covering all categories necessary for everyday shopping, including fresh pastries, hot dogs and coffee. Along with the new Mi Market, Kusio pet store was opened.
Novus Ukraine LLC was established in 2008 and opened the first Novus supermarket in the country the same year. As of August 2024, the retailer’s network includes more than 80 Novus and 22 Mi Market stores in Ukraine.
The Novus supermarket chain is developed by BT Invest (Lithuania), a company established in 2008 by former Sandora shareholders Raimondas Tumenas and the late Igor Bezzub.
According to Opendatabot, as of July 2021, the owner of Novus Ukraine with a 100% stake in the authorized capital was Consul Trade House CJSC (Vilnius, Lithuania). The ultimate beneficiaries are Marina Poznyakova, Agne Ruzgienė, and Raimondas Tumenas.
According to the company’s financial results, in 2023, its revenue increased by 47% to UAH 23.6 billion, while its net loss decreased by 87% to UAH 310.7 million.
On Thursday, the international chain JYSK opened a new store in Kryvyi Rih in the Terra shopping center at 1B Charivna Street, the retailer’s press service reported.
“The new JYSK store in Kryvyi Rih is located in the renovated Terra shopping center in the 5th Zarechnyi district. This store is the third in the city, the 99th in Ukraine and one of 29 JYSK stores planned to be opened by the company in August 2024 in Europe,” said JYSK Country Director in Ukraine Yevhen Ivanitsa, as quoted in the press release.
The new store will have a selling area of 1034 square meters, a warehouse of 307 square meters, and office space of 41.05 square meters. In addition, there are additional exhibition areas for furniture in front of the store and on the outer territory of the shopping center.
It is noted that in connection with the opening of the new store in the city, eight new employees joined the JYSK team, and four more were promoted. JYSK has more than 800 employees in the country.
Currently, there are 99 stores and the online store jysk.ua in Ukraine.
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.
On August 19, Foxtrot, an omnichannel electronics and home appliances retailer, opened a renovated store in the Hermes shopping center in Bila Tserkva, Kyiv region.
According to the company’s press service on Monday, the area of the outlet has not changed (total area – 1.5 thousand square meters, selling area – 1.2 thousand square meters), while the number of goods in the store was increased due to redevelopment.
The renovated store also has a service for customers with hearing impairments.
As reported, the retailer’s plan for 2024 envisages opening 10 new and renovated stores.
“Foxtrot is one of the largest omnichannel retail chains in Ukraine in terms of the number of stores and sales of electronics and household appliances. As of August 2024, the retailer operates 122 stores in 66 cities of Ukraine, including the frontline cities of Kherson, Kramatorsk and Sloviansk, an online platform foxtrot.ua and a mobile application of the same name.
The Foxtrot brand is developed by the Foxtrot group of companies. The co-founders are Valery Makovetsky and Gennady Vykhodtsev.
