Vester closes last hypermarkets in Ukraine

Daily Kommersant reported today that Russian retailer Vester closed its last two hypermarkets in Ukraine, in Khmelnitsk and Ternopil. According to Rimma Remizova, Vester PR director, the shuttering of its stores was a result of a drop in consumer demand and high lease rates. Kommersant said that Vester would maintain an administrative office in Ukraine and still considered the market promising.