date:Apr 30, 2014
we are opening stores not for the sake of opening them but opening in a way that is profitable... We just need stronger project management than we've had up to now, said Maher.
In the first quarter, the company's sales grew 12.7 percent to 35.1 billion roubles ($977.4 million) while like-for-like sales increased 4.1 percent on the back of inflation.
But the number of transactions in comparable stores dipped 2 percent which the company blamed on increased competition.
O'Key also said earlier o