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Russia's X5 struggles to deliver on objectives

X5 Retail Group has had a turbulent year. Management changes and a significant strategic shift that has sidelined the importance of M&A to t...

X5 CEO Gusev's departure raises concerns

News that Andrei Gusev will stand down as X5 Retail Group chief executive caused shares in the Russian retailer to sink to a 52-week low on...

Comment: Wal-Mart ran out of options in Russia

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...

Comment: Is Russia resurgent?

Russia, the world's 12th largest economy was hit hard by the global downturn. The drop in global manufacturing demand hit resource-rich Russ...

Latest News

Space, LFL growth lifts O'Key result 26 Mar 2014

Katy Askew

Space expansion and like-for-like sales gains resulted in higher sales and profits at Russian retailer O'Key Group during 2013.


O'Key appoints ex-Wimm-Bill-Dann boss as CEO 29 Jan 2014

Hannah Abdulla

Russian food retailer O'Key Group has appointed Tony Denis Maher as its new chief executive officer.


Russia's O'Key claims "industry-leading" LFL growt 24 Jan 2014

Hannah Abdulla

Russian food retailer O'Key Group has announced an 8% increase in like-for-like revenues for 2013.


O'Key Group records "successful" Q3 11 Oct 2013

Michelle Russell

Russian retailer O'Key Group said it had a "very successful" third quarter after booking an increase in like-for-like sales.


O'Key H1 earnings climb 30 Aug 2013

Michelle Russell

Russian retailer O'Key has booked an increase in first-half earnings, boosted by increased store numbers.

Company research

O'Key OOO in Retailing (Russia)

O'Key OOO in Retailing (Russia)

The company will continue to expand its hypermarket and supermarket footprint into Moscow and other Russian regions and plans to penetrate further into the Urals region, Siberia and Moscow. At the sam...

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Grocery Retailers in Russia

Grocery Retailers in Russia

Grocery retailers began to develop in Russia much earlier than other retailing channels. Grocery retailers in Russia has historically been a highly fragmented channel in which a high number of small i...

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The Russian Confectionery Market: What Consumers Eat and Why?

The Russian Confectionery Market: What Consumers Eat and Why

This report provides the results for the Confectionery market in Russia from Canadean’s unique, highly detailed study of consumers’ Consumer Packaged Goods (CPG) consumption habits, and forms part of...

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