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Dean Best | 13 Dec 2010

In a move that surprised some industry watchers, Wal-Mart Stores said today (13 December) that it would close its office in Moscow, where it has spent two years studying how to enter Russia's fast-growing retail sector.


Petah Marian | 8 Dec 2010

Russia's leading grocery retailer X5 Retail Group's acquisition of soft discounter Kopeyka will give it a stronger base to drive aggressive growth plans in a heavily fragmented, but highly attractive market.


Petah Marian | 6 Sep 2010

The spotlight was on manufacturers this week as Heinz, Kerry Group and Del Monte all posted positive numbers.


Petah Marian | 23 Aug 2010

Manufacturers found reason to breathe a sigh of relief last week as Wal-Mart announced it would be reversing a number of the range rationalisation initiatives it undertook as part of its 'Project Impact' scheme.

Latest News

Hannah Abdulla | 17 Apr 2014

Russian retailer Lenta has announced a 13.6% increase in like-for-like sales for the first quarter of the year.


Dean Best | 28 Feb 2014

Shares in Russian retailer Lenta started trading in London and Moscow today (28 February), with the global depository receipts hovering around the offer price.


Dean Best | 14 Feb 2014

Russian retailer Lenta has published the price range for its offering of shares in London and Moscow.


Hannah Abdulla | 10 Feb 2014

Sales growth at Hain Celestial fell slightly short of expectations, prompting the question of whether the natural and organic group is trying to run before it can walk. Elsewhere analysts picked up on Wal-Mart's failure to impress with its quarterly figures. Kellogg results also fell short and CEO John Bryant insisted the initial start-up costs of Project K will pay off in the long term.


Dean Best | 3 Feb 2014

Russian retailer Lenta today (3 February) set out plans to list in London as it looks to double its store footprint over the next three years.


Katy Askew | 20 Jun 2013

Russian supermarket group Lenta could attract "good" interest from international investors, if reports the group is preparing to list in London prove accurate.


Michelle Russell | 29 May 2013

Russian grocery retailer Lenta is reported to be holding discussions with bankers over a potential listing in London.


Dean Best | 12 Aug 2011

There were a series of deals this week, from Symington's move to buy two brands from Unilever and Valeo Foods Group's acquisition of fellow Irish food maker Jacob Fruitfield Food Group to the latest move by Sara Lee to restructure its business and sell a North American unit to US company Ralcorp Holdings. Click on the headlines for more.


Dean Best | 10 Aug 2011

Over a year of animosity between the owners of Russian grocery retailer Lenta is set to end, with three of the shareholders buying out the fourth investor.


just-food.com | 15 Apr 2011

A representative of one of the shareholders in Russian grocery retailer Lenta has confirmed that it has had discussions to sell its stake in the chain to former X5 Retail Group CEO Lev Khasis.


Petah Marian | 14 Jan 2011

Russian grocery retailer Lenta recorded a 27% increase in sales during 2010, despite ongoing disputes within the retailer's board.


Dean Best | 13 Dec 2010

Wal-Mart Stores is to close its office in Russia after deciding that the possibility of the company entering the market through acquisition was, in the short term at least, limited.


just-food.com | 29 Oct 2010

The CEO of Russian retailer Lenta Jan Dunning will leave the retailer on this weekend as one of the company's shareholders did not approve the extension of his contract.


just-food.com | 15 Oct 2010

Wal-Mart Stores has again been linked to Russian grocer Kopeika, with speculation in the country claiming the US retail giant has resumed talks with the owners of the business.


Petah Marian | 4 Oct 2010

The European Bank for Reconstruction and Development (EBRD), a stakeholder in troubled Russian retailer Lenta, has denied reports that it is planning to sell its 11% stake in the business.


Petah Marian | 24 Aug 2010

Hostilities among the board of Russian retailer Lenta continued at an extraordinary shareholders meeting on Friday, as investor groups continue to dispute who should be CEO of the company.


Petah Marian | 17 Aug 2010

Russian grocery retailer Lenta's troubles have continued as a board meeting set to ratify the appointment of an interim new CEO did not go ahead.


just-food.com | 13 Aug 2010

Nestle, the world's largest food maker, published its half-year figures this week, numbers that are often a barometer for the rest of the sector. The company's results were robust although it did issue some caution over rising commodity costs. just-food reported from Moscow about the Russian grain crisis and the impact it could have on food makers. Meanwhile, Sara Lee chief Brenda Barnes stepped down due to illness and we analysed what the future holds for the US food group.


just-food.com | 6 Aug 2010

It was no surprise that Russia's decision to temporarily ban wheat exports grabbed your attention this week. Wheat prices have soared in recent days and food makers will be facing rising commodity costs at the same time as facing still-weak consumer confidence. Two other stories out of Russia, Mars Inc's latest chocolate investment and a shareholder spat at food retailer Lenta, were highlights - as was our August just-food interview with the boss of Kellogg UK, Greg Peterson.


Petah Marian | 5 Aug 2010

Shareholders in Russian retailer Lenta have become embroiled in a spat over the appointment of the company's new chief executive.


just-food.com | 3 Aug 2010

The general director of Russian grocery chain Lenta, Jan Dunning, will leave the company.


Eugene Vorotnikov | 19 Jul 2010

Russian grocery chain Lenta plans to double the number of stores it runs by 2014.


just-food.com | 8 Jun 2010

Wal-Mart has reportedly claimed disagreements with potential acquisition targets in Russia over price have hindered its plans to enter the market.


just-food.com | 14 May 2010

Speculation on Wal-Mart's ambitions for the Russian market returned today (14 May) with claims that the world's largest retailer is in initial talks to buy local retailer Lenta.

Latest blogs

Dean Best | 3 Feb 2014

Russian hypermarket operator Lenta has set out plans for a listing in London. If successful, Lenta will join Russian peers X5 Retail Group and Magnit with shares trading in the UK capital - although it will be competing for attention with Metro Group, which plans to float its Russian cash-and-carry arm here.

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