Maria-Ra optimistic about the future

Date : 01 February 2013

Russian retailer, Maria-Ra, has announced its results for 2012 and is confident about the forthcoming year

32.7% revenue increase

Maria-Ra has reported sales of RUB 40.8bn for 2012 which represents a 32.7% increase compared to last year. Consumer traffic also increased by 1.1% and the average basket spend grew by 8.3%. The retailer opened 132 new stores over the year, bringing its total store numbers to 502.

Maintain momentum

The retailer is planning on sustaining this level of growth and further expanding its store network. Maria-Ra also intends to take ownership of the running of its own automated distribution centre.