The key facts

  • Fix Price closed all of its stores in Mongolia by the end of September 2026
  • Three stores were operating in the country at the beginning of the year
  • The reasons for the closure are not disclosed

The retailer has exited the Mongolian market

The fixed-price retail chain Fix Price has completely ceased operations in Mongolia: while three stores were operating in the country at the beginning of 2026, by the end of September all of them had closed. This is evidenced by the company's operating results report for the third quarter, which was noticed by Gazeta.Ru. The reasons for leaving the Mongolian market are not disclosed in the publication.

What is known and what remains unclear

The available information is limited to the very fact of the closure of three stores and the timeline: the process was completed by the end of September 2026. The company has not disclosed either the motives behind the decision or whether it was related to sales performance, its overall strategy for foreign markets, or other circumstances. The full report from Fix Price Group has been published on the company's investor relations website, but the publication's summary only cites data for Mongolia; details about other markets do not follow from the summary.