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Makro (Uzbekistan)

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Darvoza Savdo LLC
Trading as Makro
Founded2010; 14 years ago (2010) in Tashkent, Uzbekistan
Number of locations
108 stores (2021)
Key people
Number of employees
3,500

Makro is an Uzbek supermarket chain headquartered in Tashkent. The company operates a network of 108 stores across 25 urban areas in Uzbekistan, making it the country's largest food retailer by store count.[1][2] The company has 3,500 employees.[3] Makro claims to command 20% of market share in Tashkent and around 5% of market share nationally.[1] The company's main competitors are Korzinka.uz, another local supermarket chain, and foreign retailers that have recently entered the Uzbek market, including French multinational player Carrefour, and Kazakh company Magnum.[4][5] Around 20% of Makro's merchandise is the chain's in-house brand, called “M,” while 53% of merchandise is produced in Uzbekistan.[1][6] In July 2021, Retail Asia Awards announced Makro won the 2021 Domestic Retailer of the Year and Convenience Store of the Year for Uzbekistan.[7] Makro is owned by the Orient Group of companies.[8] In June 2022, the CEO Roman left the Group to pursue his own projects.[9]

History

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Makro was founded on December 11, 2010.[10] In 2016, the company acquired Sunday, a local competitor that operated 26 stores.[11] In May 2020, Makro became the first supermarket chain in Uzbekistan to install self-checkout kiosks.[12] In October 2020, the company became the first retailer in Uzbekistan to install electric vehicle charging stations at select locations.[13] On December 11, 2020, Makro opened 10 stores in one day to mark the company's 10-year anniversary.[14] In February 2021, the company announced that it would install a network of 30 electric vehicles charging stations at stores in Tashkent and 10 other cities.[15] On May 13, 2021, Makro announced that it has partnered with accounting firm Ernst & Young to audit the company's financials and help implement its transition to International Financial Reporting Standards (IFRS) accounting.[16] In July 2021, Makro was named "Convenience Store of the Year" and "Domestic Retailer of the Year" in Uzbekistan at the Retail Asia Awards.[17]

Stores

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Makro City
Makro Supermarket

Makro has three store formats:[citation needed]  

Makro City
Makro City are hypermarkets with a trading area of over 2,000 square meters. These stores are distinguished by a wider range of merchandise and counters selling prepared foods.[18]
Makro Supermarket
Makro Supermarkets are standard format supermarkets with a trading area of between 600 and 1200 square meters.
Makro Express 24
Makro Express are convenience stores with a trading area of less than 600 square meters.

References

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  1. ^ a b c "Uzbekistan's Makro positions itself for growth in a more competitive market | bne IntelliNews". www.intellinews.com. 2020-12-19. Archived from the original on 2020-12-29. Retrieved 2020-12-29.
  2. ^ "About Makro Supermarket". Archived from the original on 2020-11-24. Retrieved 2020-12-29.
  3. ^ "MAKRO supermarket chain". The Tower MMG. Archived from the original on 2021-05-12. Retrieved 2020-12-29.
  4. ^ "A new era of expansion and competition in Uzbekistan's retail sector | bne IntelliNews". www.intellinews.com. 2019-11-28. Archived from the original on 2020-11-29. Retrieved 2020-12-29.
  5. ^ Mamatkulov, Mukhammadsharif (2020-04-30). "As pandemic empties traditional Uzbek bazaars, supermarkets step in". Reuters. Archived from the original on 2020-06-06. Retrieved 2020-12-29.
  6. ^ "The Makro Method | European Supermarket Magazine". 2021-02-15. Archived from the original on 2021-03-06. Retrieved 2021-02-15.
  7. ^ "Here are the winners in the Retail Asia Awards 2021". 20 July 2021. Archived from the original on 6 August 2021. Retrieved 6 August 2021.
  8. ^ "Ритейл/EN". Archived from the original on 2022-11-29. Retrieved 2022-11-29.
  9. ^ "Роман Сайфулин ушёл с поста исполнительного директора Makro". 8 June 2022. Archived from the original on 29 November 2022. Retrieved 29 November 2022.
  10. ^ Briggs, Fiona. "Uzbekistan grocery chain Makro marks 10-Year anniversary with 10 new stores". Retail Times. Archived from the original on 2020-12-14. Retrieved 2020-12-29.
  11. ^ akbaryusupov. "Makro buys Sunday supermarkets chain". tashkenttimes.uz. Archived from the original on 2021-11-09. Retrieved 2020-12-29.
  12. ^ "Makro запускает кассы самообслуживания (обновлено)". Spot – Бизнес, технологии и инновации в Узбекистане (in Russian). 2020-05-04. Archived from the original on 2020-05-05. Retrieved 2020-12-29.
  13. ^ "Фото: Makro установила первую станцию для электромобилей в Ташкенте". Spot – Бизнес, технологии и инновации в Узбекистане (in Russian). 2020-10-10. Archived from the original on 2021-06-20. Retrieved 2020-12-29.
  14. ^ Magazine, E. S. M. (15 December 2020). "Uzbek Retailer Makro Celebrates Tenth Anniversary With New Store Openings". ESM Magazine. Archived from the original on 2021-01-09. Retrieved 2020-12-29.
  15. ^ "Uzbekistan's Makro grocery chain to roll out 30 electric vehicle charging stations – Retail Times". Retail Times. Archived from the original on 2021-02-15. Retrieved 2021-02-15.
  16. ^ "Makro сотрудничает с аудиторской компанией Ernst & Young в рамках перехода на МСФО". Spot – Бизнес, технологии и инновации в Узбекистане. May 10, 2021. Archived from the original on June 20, 2021. Retrieved May 17, 2021.
  17. ^ "Here are the winners in the Retail Asia Awards 2021". Retail Asia. 20 July 2021. Archived from the original on 2021-08-16. Retrieved 2021-09-22.
  18. ^ "В Ташкенте открылся супермаркет Makro нового формата". Repost (in Russian). Archived from the original on 2021-11-09. Retrieved 2020-12-29.

Makro in social media

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