Azbuka Vkusa

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.

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

Ownership

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

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.

YearRevenue in US DollarsNumber of StoresFloor Space in m²
1997Unavailable1223
1998Unavailable2949
2001Unavailable31 639
2003Unavailable63 941
2004Unavailable84 372
2005102 000 000115 671
2006177 000 0001911 122
2007303 000 0002214 472
2008315 000 0002416 190
2009393 000 0002617 920
2010568 000 0004027 355
2011806 000 0004732 154
2012879 000 0005337 066
20131 200 000 0006446 960
20141 600 000 0009060 000

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