Category
- Agriculture
- Automobiles and Machinery
- Bank, non banking financing, investment
- Blasting
- Construction
- Consumables
- Education
- Energy
- Engineer , Architecture and Geodesy
- Finance, Audit,Accounting and Brokerage
- Food
- Foreign Trade
- Geology Exploration
- Health
- Information Technology
- Insurance
- Labor Safety
- Legal and Business consulting
- Lighting
- Mining equipment
- Mining Services
- Other product and service
- Road
- Sewing and textile products
- Transportations
- Travel
Events
Fix Price starts operating in Mongolia www.eqs-news.com
Fix Price, one of the leading variety value retailers globally and the largest in Russia, has entered the Mongolian market this January. The first two Fix Price stores opened in Mongolia’s capital city, Ulaanbaatar, on 13th and 14th of January as part of the chain’s franchise programme.
The selling space of each store is about 250 sq m. The first store is located at 37, Moskva street, while the second one is located at 36, Ard Ayush prospekt. Both stores have a product offering of more than 1,100 SKUs.
Products will be delivered to Fix Price stores in Mongolia by our franchise partner and shipped by trucks from the distribution centre in Novosibirsk.
“Mongolia has become the eighth country where Fix Price stores operate. We hope that Mongolian customers will appreciate the range of products and low prices offered by Fix Price, and we will see more store openings soon. The Company will consider further expansion in the country based on the first performance results”.
Vladimir Pogonin, Store Management Director at Fix Price
As of mid-January, Fix Price has a total of 626 franchised stores operating across its footprint (Russia, Belarus, Kazakhstan, Latvia, Georgia, Kyrgyzstan, Uzbekistan and Mongolia).
Last year, Fix Price was named the most profitable and valuable franchise (in the category with a minimum entry cost of RUB 5 million), according to a ranking compiled by Forbes Russia.
Published Date:2023-01-18
