Russian magnate plans "Okey-Dokey" supermarket chain in Miami

The owner of two large Russian supermarket chains is planning a new Miami startup of up to 400 stores.

The co-founder of the supermarket chains that became X5 Retail Group is setting up 400 discount groceries in southern Florida, a project in which his company AgroTrade International will invest $500 million.

http://www.themoscowtimes.com/business/article/grocery-magnate-plans-us-supermarkets/451502.html

4 Comments

  1. sandman

    May 24, 2012 at 6:50 pm

    Looks like their office in Miami has already been established and they are now hiring in Miami. Their main office is in St. Petersburg (Russia)

    http://www.agro-trade.info/

  2. Afi K. James

    May 25, 2012 at 12:07 am

    sandman, post: 967, member: 1 wrote: Looks like their office in Miami has already been established and they are now hiring in Miami. Their main office is in St. Petersburg (Russia)

    http://www.agro-trade.info/

    This is a good deal.

  3. yellows2k

    July 10, 2012 at 3:31 pm

    Russian Food Retailer Sets Sept. Debut in Miami

    [FONT=Arial]Tue, 2012-07-10 10:44[/FONT]
    [FONT=Arial][COLOR=#006397]Jon Springer[/FONT][/COLOR]

    MIAMI — The first of a planned chain of small discount food stores under the Okey-Dokey banner are set to open here on Sept. 1, marking the U.S. debut of the Russian retailer behind Europe’s X-5 Retail Group, SNhas learned.

    A spokesman for Agro-Trade International told SN this week the group planned to open between eight and 12 stores this year, followed by 50 stores a year beginning in 2013. Agro-Trade is headed by Andrey Rogachyov, the Russian billionaire behind X-5’s Pyaterochka discount chain and the Karusel chain of hypermarkets. Both X-5 and Agro-Trade are supported by a Netherlands-based private equity concern.

    Agro-Trade said the U.S. rollout represents a $500 million investment.

    Roy Sartin, director of people development for Agro-Trade, said the company would reveal specific locations later this summer, but said the first stores would open in the greater Miami market, including the Opa-Locka and North Miami Beach areas. “In addition, we will also operate multiple stores in the Broward County [area], in areas such as Tamarac, Plantation and Lauderhill,” Sartin added.

    http://supermarketnews.com/retail-amp-financial/russian-food-retailer-sets-sept-debut-miami

  4. Afi K. James

    July 10, 2012 at 11:21 pm

    Okey Dokey grocery markets?

    How about Hokey Pokey super markets that’s more like it.

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