Detsky Mir Expansion Strategy
detsky mir
Retail chain started a trajectory of steady growth
Robust like-for-like sales(1)
(RUB m)
Group's retail chains expansion (2)
# of stores
Total space (sqm 000s)
Selling area (80%)
4.7% 5.7% 3.5%
7.5% 5.0% 5.9%
4.0%
7.9%
+4.0%
3,2%
880
846
5
21
225
22
11
58
2,9%
7,9%
7,4%
4,3%
4,7%
3,9%
4,5%
4,4%
4,5%
1,4%
1,2%
-0,4%
-0,4%
-2,5%
-2,7%
Q4'19
Q4'20
Q1'20
Q1'21
Q4 '19
Q4'20 Q1'20
Q1'21
Russia
Number of tickets LFL
Russia & Kazakhstan & Belarus
Average ticket LFL
772
837
+6.5%
1123
1054
Q1'20
Q1'21
Q1'20
Q1'21
Detsky Mir
ELC&ABC
Zoozavr
Detmir Pick-Up Points (PUPs)
(1) LFL revenue growth in Russian rubles, LFL number of tickets growth and LFL average ticket growth are based on stores in operation for at least 12 full calendar months preceding the reporting date. A store is considered comparable and is included in the calculation of the monthly like-
for-like if the difference between the number of days worked in comparable months does not exceed three working days.
(2) In order to improve margins by accelerating the opening of our small-format Detmir Pickup stores, the Group decided to close its ELC and ABC stores in Q3 2020, which accounted for 0.8% of total Group revenue in 2019.
Source: Company data.
31View entire presentation