Trading as Makro | |
Founded | 2010Tashkent, Uzbekistan | in
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]
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]
Makro has three store formats:[ citation needed]
Trading as Makro | |
Founded | 2010Tashkent, Uzbekistan | in
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]
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]
Makro has three store formats:[ citation needed]