Business news from Ukraine

GERMAN RETAILER NEW YORKER TO OPEN STORE IN KHARKIV

The Retail & Development Advisor (RDA) consulting company acted as a broker when signing a lease agreement for the Nikolsky shopping and entertainment center in Kharkiv with the German brand of youth clothing New Yorker, RDA CEO Taisia Litovchenko has told Interfax-Ukraine. “We are glad that the pool of tenants in the Kharkiv-based Nikolsky shopping and entertainment center has been expanded by a well-known international retailer. We are sure that the New Yorker store will expand the range of goods in the shopping center and attract an additional flow of visitors,” Litovchenko said.

According to her, the total area of the store will be 1,549 square meters.

New Yorker is a German brand. Most of the assortment is reserved for youth sports and casual clothing, as well as underwear and accessories.

The New Yorker network has been developing in Ukraine since 2011.

According to the company’s website, as of January 11, 2021, the chain had 11 stores in Kyiv, Odesa, Lviv, Kharkiv, Kryvy Rih and Sumy. On the international market, New Yorker is represented by more than 1,100 stores in 46 countries.

The Nikolsky mall is scheduled to open in the spring of 2021. The developer of the project is Budhouse Group.

AVERAGE RETAIL PRICES OF PETROL IN UKRAINE CHANGE OVER WEEK – A-95

The average retail price of petrol, diesel fuel and LPG grew by 1.8-2.5% from October 26 to November 2, according to Kyiv-based A-95 Consulting Group.
The average retail price of A-92 petrol grew by 2.5%, to UAH 23.15 per liter, A-95 – by 2.3%, to UAH 24.21 per liter and A-95+ – by 1.8%, to UAH 25.67 per liter.
The retail price of diesel fuel rose by 2.8%, to UAH 23.53 per liter, and the price of LPG grew by 1.4%, to UAH 12.74 per liter.

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RETAIL TURNOVER IN UKRAINE INCREASES BY 11.6% IN SEPTEMBER

Retail turnover in Ukraine increased by 11.6% in September 2020 as compared to the same month in 2019 in comparable prices, while in the previous month it grew by 8.7%, the State Statistics Service said on Wednesday, October 21.
According to its data, retail turnover decreased by 0.7% in September as compared to August 2020.
Retail turnover increased by 6.7% in January-September 2020 compared to the same period last year.
The largest increase in retail turnover of enterprises (legal entities and individual entrepreneurs) in the nine months of 2020 compared to the same period in 2019 was registered in Kyiv (by 16.6%), Zaporizhia (by 14.1%), Chernihiv (by 12.4%), Volyn (by 12.3%), Kirovohrad (by 11.3%), Dnipropetrovsk (by 8.8%), Poltava (8.6%) and Khmelnytsky (8.4%) regions, as well as in Kyiv (7.7%).
The State Statistics Service reminds that the data is given without taking into account the temporarily occupied territory of the Autonomous Republic of Crimea, Sevastopol, and part of Donetsk and Luhansk regions.

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RETAIL TURNOVER IN UKRAINE BY REGIONS IN JAN-JULY 2020 (UAH MLN)

Retail turnover in Ukraine by regions in Jan-July 2020 (UAH MLN).

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RETAIL TURNOVER IN UKRAINE BY REGIONS IN JAN-JUNE 2020 (UAH MLN)

Retail turnover in Ukraine by regions in jan-June 2020 (UAH Mln)

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COMMODITY TURNOVER IN MAIN RETAIL SEGMENTS IN UKRAINE RETURNS TO PRE-CRISIS LEVEL – OPINION

Commodity turnover in the main retail segments returned to the pre-crisis level according to the results of May 2020, almost reaching the February figures, according to the analysis of the number and volume of payments by credit cards in the network of POS terminals of PrivatBank (Kyiv) in January-May 2020, published by the bank’s press service on Monday.
“Food retail is currently getting out the lockdown without losses. According to the analysis of the volume of payments made by cards in the bank’s retail network of terminals, in March and April 2020, non-cash turnover in food chain stores increased by 25% compared to February. In May, non-cash turnover in the food networks was 23% higher than in February,” the bank said.
Non-cash turnover in the network of pharmacies and medical goods stores increased most of all in the first months of lockdown, in particular, in March compared with February it increased by 30%. At the same time, in May non-cash turnover in the pharmacy chains fell by 18% compared to February.
According to the analysis, the most significant during the lockdown was the reduction of cashless turnover in the electronics and home appliances market, which in March amounted to 10% compared to February, and in April reached 43%. In May, the turnover in this sector returned to the pre-crisis level.
According to PrivatBank, by the end of May, the turnover in filling station chains also returned to the pre-lockdown level after sales fell by 20% in April compared to February.

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