24 January 2013
Russian food retailer Dixy Group has reported a strong double-digit increase in sales for 2012, thanks to it acquisition of Victoria Group and new store openings.
31 January 2012
Russian grocery chain Dixy has recorded an increase in full-year sales, boosted by its acquisition of smaller rival Victoria last year.
24 August 2011
Stock market volatility has prompted Russian retail chain Dixy Group to postpone a shareholder meeting to formally approve its takeover over rival Victoria.
29 July 2011
Russian retailer Dixy Group said today (29 July) that its first-half sales rose by over 21%.
26 July 2011
Russan grocer Dixy has revealed plans to merge its purchasing functions with its recent acquisition Victoria Group.
3 June 2011
Spain's farmers, hit financially amid the e.coli outbreak in Europe, have been vocal in their criticism of Germany's health authorities, which wrongly placed the blame for the contamination on Spanish cucumbers. Elsewhere on our pages this week, we shone a spotlight on the debate around GM, one of the most divisive topics in the industry. Meanwhile, Wal-Mart Stores, McCormick and Icelandic Group all hailed the benefit of separate transactions to their businesses, although Spain's Ebro Foods was left to reflect on its failed bid to buy Australian rice maker SunRice.
31 May 2011
Russia's Dixy Group will spend US$25.5m on a marketing overhaul that will look to boost the group's brand identity.
28 April 2011
Russian grocer Dixy Group today (28 April) revealed that it swung back into profit during fiscal 2010 as sales jumped almost 20%.
26 April 2011
Russian retailer Dixy Group has booked a jump in first-quarter sales as existing customers increased their spend-per-basket and the company opened a swathe of new stores.
26 January 2011
Like-for-like sales at Russian grocery retailer Dixy Group increased for the 2010 year, figures published by the company showed today (26 October).
21 October 2010
Like-for-like sales at Russian grocery retailer Dixy Group slowed during the third quarter of the year, figures published by the company showed today (21 October).
28 July 2010
Russian grocery retailer Dixy Group posted a 15% increase in revenue for the first half of 2010 to reach RUB30.82bn.
2 December 2009
Russian retailer Dixy Group has swung to a nine-month net loss as a result of foreign exchange losses and higher income tax costs.
27 October 2009
Russian retailer Dixy Group has posted a 15% increase in revenue during the first nine months of the year.
19 October 2009
The surprise announcement that French retail giant Carrefour will exit Russia throws into sharp relief the number of challenges facing retailers in the market. While growing disposable local income had fostered the development of modern retailing, the dramatic impact of the economic downturn has put the spending power of Russian consumers under pressure. Retailers operating in the market have come in for a bumpy landing. Nevertheless, Russia still offers the greatest long-term growth prospects in Europe. Katy Humphries reports.
14 July 2009
Russia's food retail landscape is in a state of a flux - and the country's leading grocers are jostling for position. In recent days, there have been a raft of buoyant sales figures despite the impact the downturn has had on consumer spending. However, weak financial markets have hurt a number of smaller players and promises to herald a period of consolidation in Russia - involving both domestic and foreign heavyweights. Dean Best reports.
2 June 2009
Russian retailer Dixy Group has posted a first-quarter net loss today, hurt by foreign exchange losses.
8 May 2009
The Russian food retail sector will see a "dramatic" increase in foreign investment within three years, the World Retail Congress was told today (8 May).
21 April 2009
Russian retailer Dixy Group has posted a 19% jump in first quarter revenue in ruble terms, benefitting from consumers who are turning to the discount food group to cut grocery bills.
6 April 2009
Russian retailer Dixy Group has secured credit lines lasting 12 months with VTB Bank and Alfa Bank totalling RUB2.6bn (US$78m).
9 March 2009
Russia's economy, buoyed in recent years by the country's vast natural resources, kicked off 2009 with something of a whimper. Nevertheless, there is the feeling that Russia's food retail sector could provide a beacon of hope in a tough wider global food market in 2009.
4 March 2009
Russian retailer Dixy Group is to close its VMart convenience stores in St Petersburg, the company announced today (4 March).
6 February 2009
Russian retailer Dixy Group’s board of directors has appointed Ilya Yakubson to the position of president.
11 December 2008
Russian discount food retailer Dixy today (11 December) booked a jump in nine-month net profit on the back of efficiency improvements and sales growth.
29 October 2008
Russian retailer Dixy Group has confirmed reports that it has scrapped plans to list in London and said more shares would be offered to existing investors.
29 October 2008
Russian retailer Dixy Group has booked a 45% jump in nine-month sales but has reportedly dropped plans to list in London due to the financial crisis.
21 April 2008
Russian retailer Dixy Group has seen its growth continue into 2008 with sales up 49% during the first three months of the year.
2 April 2008
Dixy Group, the Russian retailer, said today (2 April) that it plans to further expand its store footprint in the wake of strong sales growth last year.
23 January 2008
Russian retailer Dixy Group has followed rival X5 Retail Group in reporting strong full-year sales.