St. Petersburg-based DIY retailer launches own pharmacy chain

Vimos, a St. Petersburg-based DIY retailer, will open pharmacies in its 25 stores in Leningrad Province in 2018 and 2019, the press service of the local Chamber of Trade and Industry announced after its president, Yury Vasiliev, discussed the project with the retailer’s head, Vladimir Gurev. The first pharmacy opened in a Vsevolozhsk store this past March, according to the Russian Business News Agency (ABN).

The pharmacies will operate under the retailer’s Apteka Vimos sub-brand. They will be some 50 m2 and will feature 1,500-2,000 SKUs.

Vimos plans to bring the project to neighbouring regions where it also has stores, i.e., Pskov and Novgorod Provinces. Currently, Vimos operates 45 DIY outlets in Russia.

In 2017, Vimos invested RUB 733m (€10m) in the chain’s development and in 2018, it plans around RUB 700m (€9.6). Among the company’s development plans for this year is to upgrade its stores in Kingisepp, Slantsy, Koltushy, Sestroretsk, and Kirshy.