Azbuka Vkusa

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Azbuka Vkusa
IndustryRetailer
Founded1997
Headquarters,
Revenue53,529,200,000 Russian ruble (2017) Edit this on Wikidata
Websiteav.ru
A store on 78 Kashirskoe Motorway, Moscow

Azbuka Vkusa (Russian: Азбука вкуса), translated in English as Alphabet of Taste, is a premium supermarket chain founded by Maxim Koscheenko and Oleg Lytkin. The first store was opened in Moscow in 1997. As of 2015, it operated 90 stores in Moscow, Petersburg and its suburbs.

Ownership[edit]

The founders, Maxim Koshcheenko and Oleg Lytkin control more than 50% of Gorodskoi Supermarket Ltd, a company which operates the chain. 6.9% of the company belongs to the top 14 network managers.[1] Much of the rest of the company is in the hands of VMHY Holdings Limited, owned by the former owners of "Expobank" - Andrey Vdovin, Cyril Jakubowski, Paul and Peter Maslowski Hambro, who gradually acquired control from the other two co-founders of the network - Oleg and Sergey Vereshchagin Trykin. As of 2011 Oleg and Sergey Vereshchagin Trykin ceased being shareholders in VMHY Holdings.[2] As of 2013 more than 12% of the network owned by the sons Paul Maslovskoye - Yuri and Alexei.[3]

Private Labels[edit]

Azbuka Vkusa launched their store brands in 2011.

Azbuka Vkusa has expanded steadily since 1997, balancing external acquisitions and internal growth. The table below charts that growth using figures provided courtesy of the company.

Year Revenue in US Dollars Number of Stores Floor Space in m2
1997 Unavailable 1 223
1998 Unavailable 2 949
2001 Unavailable 3 1 639
2003 Unavailable 6 3 941
2004 Unavailable 8 4 372
2005 102 000 000 11 5 671
2006 177 000 000 19 11 122
2007 303 000 000 22 14 472
2008 315 000 000 24 16 190
2009 393 000 000 26 17 920
2010 568 000 000 40 27 355
2011 806 000 000 47 32 154
2012 879 000 000 53 37 066
2013 1 200 000 000 64 46 960
2014 1 600 000 000 90 60 000

References[edit]

  1. ^ ↑ Менеджеров позвали в магазин "Азбука вкуса" отдаст им 7% бизнеса. Газета «Коммерсантъ», No.156 (5187), 30.08.2013. Проверено 25 сентября 2013.
  2. ^ ↑ Евгения Перцева. Банкиры дочитали «Азбуку Вкуса» // Коммерсант, No. 68 (4863), 17 апреля 2012
  3. ^ Масловский Павел Алексеевич. Личное дело // Коммерсант, 2 августа 2013