Jysk leaving Russia after final sale

The well-known furniture retailer Jysk has decided to “permanently and completely” leave Russia and close all stores that were previously temporarily suspended, Report informs referring to DigitNews.

On March 31, Jysk furniture chain stores will open for the final sale. After the goods are sold, the network will close stores and leave Russia. Employees of the company will receive wages in accordance with the laws of the Russian Federation.

On March 3, Jysk announced the temporary closure of all 13 stores in Russia. The following statement has now been released: “After four weeks of temporary closure of Jysk stores in Russia, it has become clear that Jysk will close permanently and leave Russia entirely.”