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Ukrainian Retail has resumed the work of 88% of the outlets that were closed at the beginning of the war

Ukrainian Retail has resumed the work of 88% of the outlets that were closed at the beginning of the war

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In the 14 months since the start of full-scale military operations of the Russian Federation on the territory of Ukraine, Ukrainian retail has resumed the work of 88% of stores closed in March 2022, increasing the share of stores to 97%. This is evidenced by survey data of the Association of Retailers of Ukraine, reports Interfax-Ukraine.

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► Read the Ministry of Finance Telegram channel: the main financial news

“According to the latest survey of retail chains that are members of the association, after 14 months out of 16.7 thousand 16,200 retail outlets of the entire industry are already operating. The percentage of working facilities is 97%, respectively, 3% are closed,” the message says.

Thus, 88% of retail outlets that were closed in March of last year have returned to work. To date, 556 stores remain closed for various reasons against 4,400. in comparison with the indicated period of 2021.

Read also: The war did not stop business: In Ukraine, more new business is opening than it is closing

According to the association’s research, the number of open objects increased by 26% in just 14 months:

  • the number of newly opened grocery stores increased by 19%,
  • pharmacy — by 22%,
  • non-food retail outlets — by 26%,
  • jewelry stores — by 60%,
  • household appliances and electronics — by 30%,
  • clothing stores — by 58%,
  • building materials — by 24%,
  • gas station — by 10%,
  • entertainment centers — by 81%.

Survey

The survey was conducted among hundreds of owners and CEOs of enterprises participating in the Association of Retailers throughout Ukraine.

Source: Ministry of Finance

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