Fix Price Group news

Fix Price Group

Fix Price plans to open several stores in Serbia by the end of 2025. This will be the company's first attempt to develop the European market. Retailer currently operates in the UAE, Mongolia and a number of post-Soviet republics. Discounter format developed by Fix Price is very popular in Serbia, but almost all niches in the country's retail market have been...

Fix Price Group

Fix Price's retail revenue in 2024 grew 10% to ₽284.9 billion, while wholesale revenue decreased 8.5% to ₽30.1 billion. LFL sales increased 1.5%. Number of net openings totaled 751 and the total selling space of the chain's stores increased 11.5% to 1,550,559 square meters.

Fix Price Group

Fix Price's IFRS net profit for 2024 amounted to ₽22.2 billion, down 37.8% from ₽35.7 billion in the previous year. Revenue rose 7.9% to ₽314.94 billion against ₽291.87 billion a year earlier.

Fix Price Group

Fix Price has made preparations to obtain a listing on the Moscow Exchange for its main operating company in Russia. Now, the retailer is exploring the possibility of exchanging receipts for shares of this operating company in 2025. If such a decision is made, information on the procedure for settling the securities with investors will be disclosed additiona...

Fix Price Group

Fix Price continued to expand its presence by opening 57 new stores in 2024. As of December 31, 2024, the network covered 19 regions and 57 cities and towns of the Republic, and the total selling space exceeded 72 thousand square meters, up more than 15% year-on-year. In plans for 2025 to open in Kazakhstan at least 60 new outlets.

Fix Price Group

Operating company of the Fix Price chain has been taken over by the retailer's newly established Russian legal entity, AO Fix Price. In October 2024, the group's CEO Dmitry Kirsanov reported that the company was considering a listing on the Moscow Exchange for the operating company.

Fix Price Group

Fix Price is implementing a system to monitor the quality of interaction between cashiers and customers. Technology records audio data from cash registers and transmits it to the data processing center, where the system evaluates key aspects of interaction with customers and identifies conflict situations. When such situations are detected, a notification is...

Fix Price Group

Fix Price network in 2024 expanded by 751 outlets, of which 732 are company-operated stores and 19 are opened under franchise. In total, the chain had 7,165 stores in 10 countries as of December 31, 2024. In 2025, the company also plans to open at least 700 new stores.

Fix Price Group

Kazakhstan holding Fix Price plc on December 19 registered a legal entity JSC "Fix Price", according to the data of the Unified State Register of Legal Entities. The CEO is Vladimir Pogonin, who also heads Best Price LLC — the main operating subsidiary of Fix Price.

Fix Price Group

Fix Price launched delivery of goods in Minsk. In January 2025 it is planned to connect 13 more stores in three cities of Belarus. Buyers can order the chain's products online, make a pickup via the Fix Price app or website, or use delivery via the Yandex Go app.