JYSK Ukraine, a leading home and living retailer, has announced plans to open 10 new stores and modernize 12 existing locations with Store Concept 3.0 and Compact formats during its new fiscal year, which begins September 1. The expansion is part of the company’s strategy to enhance customer experience and align with evolving market demands.
The Store Concept 3.0 introduces a more modern and spacious layout, featuring updated product displays and improved navigation for customers. The Compact format, designed for urban areas with limited space, aims to offer a streamlined shopping experience without compromising on product variety.
JYSK Ukraine’s CEO, [Name], stated that the expansion is a direct response to growing consumer demand and the company’s long-term vision for sustainable growth in the region. The new stores and remodels are expected to create additional job opportunities and contribute to the local economy.
Analysts suggest that the expansion could solidify JYSK’s market share in Ukraine, where home furnishings retail is experiencing steady growth. However, the company will need to navigate potential challenges such as competition from local and international brands, as well as economic uncertainties in the region.