Russian grocery chain Pyaterochka has opened its 555th store.

The retailer said that it now has 555 stores operating under the Pyaterochka brand, including 263 company-managed stores and 292 franchised stores.

Oleg Vysotsky, chief executive officer of Pyaterochka, said: “Already in the first half of 2005 Pyaterochka has passed some major milestones in its development.”