About another shoe retailer

One of the biggest Russian economy class shoe retailers entered Ukraine market a year ago. For warehousing purposes they rented 8 000 sq.m warehouse. Up to now, they have openned arround 15 shoe stores in Ukraine. The total area of stores is arround 3500 m2. In m3: 10 000. The warehouse volume is 84 000m3.

(Warehouse volume/stores volume)=8

The ratio warehouse to stores volume is 8 times. The warehouse area is too high for this kind of operations. In warehouse no value added services done, no piece picking done. All goods come in boxes with full size ratio from Chinese suppliers and go out to stores in the same boxes even without being openned.

I wonder for what purposes they rented so much space. Maybe they have very big expansion plans? But one year of rent of extra space in warehouse has a cost of 400 000USD.