This is a good deal.

Russian Food Retailer Sets Sept. Debut in Miami

Tue, 2012-07-10 10:44
Jon Springer

MIAMI — The first of a planned chain of small discount food stores under the Okey-Dokey banner are set to open here on Sept. 1, marking the U.S. debut of the Russian retailer behind Europe’s X-5 Retail Group, SNhas learned.

A spokesman for Agro-Trade International told SN this week the group planned to open between eight and 12 stores this year, followed by 50 stores a year beginning in 2013. Agro-Trade is headed by Andrey Rogachyov, the Russian billionaire behind X-5’s Pyaterochka discount chain and the Karusel chain of hypermarkets. Both X-5 and Agro-Trade are supported by a Netherlands-based private equity concern.

Agro-Trade said the U.S. rollout represents a $500 million investment.

Roy Sartin, director of people development for Agro-Trade, said the company would reveal specific locations later this summer, but said the first stores would open in the greater Miami market, including the Opa-Locka and North Miami Beach areas. “In addition, we will also operate multiple stores in the Broward County [area], in areas such as Tamarac, Plantation and Lauderhill,” Sartin added.

http://supermarketnews.com/retail-amp-financial/russian-food-retailer-sets-sept-debut-miami

Okey Dokey grocery markets?

How about Hokey Pokey super markets that's more like it.