OREANDA-NEWS. On 17 June 2008 was announced, that JSC “The Seventh Continent” May 2008 trade sales increased 37% YoY. The growth in sales in the hypermarket format for May 2008 reached 71% and the growth in regional sales reached 67% YoY.

Based on management accounts the Company’s May 2008 gross retail sales[1] increased 37% and reached USD 156 mn.

As of the end of May 2008 the Company managed 135 stores, including 126 supermarkets and 9 hypermarkets.

As of the end of May 2008 the selling space of the Company’s stores under the brands “The Seventh Continent” (supermarkets), “Nash Hypermarket” (“Our Hypermarket”) and “Prostore” accounts for 167,1 th. sq. m. and increased 19% compared with the same period of 2007.

In May 2008 the Company opened 1 supermarket in the "Seventh Coninent – Five Stars” format in Moscow (the following address: Presnensky Val, building 30).