Metro Group To Establish Franchise Convenience Stores In Ukraine

Germany’s grocery retail chain Metro Group said it will develop convenience stores in Ukraine that will be operated as franchises. In lieu of paying royalties, the Moy Magazin stores will have to purchase goods from Metro Cash & Carry hypermarkets at a five percent discount. The new chain will start with ten pilot stores established in the eastern region of the country. The company expects to increase sales to small-scale wholesale companies, which account for 40 percent of the Metro Group's joint turnover.