26 March 2014
Space expansion and like-for-like sales gains resulted in higher sales and profits at Russian retailer O'Key Group during 2013.
29 January 2014
Russian food retailer O'Key Group has appointed Tony Denis Maher as its new chief executive officer.
24 January 2014
Russian food retailer O'Key Group has announced an 8% increase in like-for-like revenues for 2013.
11 October 2013
Russian retailer O'Key Group said it had a "very successful" third quarter after booking an increase in like-for-like sales.
30 August 2013
Russian retailer O'Key has booked an increase in first-half earnings, boosted by increased store numbers.
16 July 2013
O'Key Group has said it will look to reinvest margin improvements driven by improved purchasing terms into the development of its private label offer and strengthening of its price proposition.
15 July 2013
Russian retailer O'Key Group has said it delivered a "strong" set of like-for-like results in the first half of the year.
24 June 2013
The owners of Russian retailer O'Key do not plan to sell the business, the company has insisted, after an interview in which its chief executive said it could be a potential takeover target of Wal-Mart.
29 May 2013
Russian grocery retailer Lenta is reported to be holding discussions with bankers over a potential listing in London.
29 April 2013
Russian retailer O'Key has booked a jump in full-year sales and profits for fiscal 2012, as the group expanded into new cities in Russia.
11 April 2013
Russian retailer O'Key Group today (11 April) booked a 5% rise in first-quarter like-for-like sales.
22 January 2013
Russian retailer O'Key has seen its like-for-like sales rise during the fourth quarter, which contributed to a 24.5% increase in total revenue.
30 November 2012
German retail giant Metro Group has sold its Real grocery chain in eastern Europe to French retailer Auchan for EUR1.1bn (US$1.4bn).
29 November 2012
German retailer Metro Group has remained silent over reports it is closer to striking a deal to sell its Real grocery chain in eastern Europe to French retailer Auchan.
26 November 2012
German retail giant Metro Group has declined to comment on reports it is in talks with several potential buyers for its Real stores in eastern Europe.
26 October 2012
Metro Group has said the company's view on its Real hypermarket chain is "unchanged" despite reports linking three rivals to its stores in Russia.
12 October 2012
Russian retailer O'Key has booked an increase in third-quarter sales amid a "stable" trading environment and an increase in selling space.
4 September 2012
Russian retailer O'Key has said it plans to invest US$500m over the next four years on expanding in its home market.
30 August 2012
Russian retailer O'Key has recorded an increase in half-year profits on the back of higher sales.
22 August 2012
X5 Retail Group has had a turbulent year. Management changes and a significant strategic shift that has sidelined the importance of M&A to the group's expansion plans have combined with an intensely competitive market to leave Russia's largest retailer losing share to its peers. Katy Askew suggests the next 12 months will be telling for the company.
16 July 2012
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 Saturday (14 July). The market responded negatively to fears that an unstable management team will be unable to drive growth as X5 struggles to improve organic sales trends. The sudden nature of the announcement and lack of clarity over the reasons for Gusev's departure augmented these concerns. Katy Askew reports.
10 July 2012
Russian retailer O'Key said today (10 July) that second-quarter sales grew by almost one-quarter, driven by increased selling space.
25 April 2012
Russian retailer O'Key saw its profits increase by more than 20% in 2011 thanks to increased sales and cost cuts.
10 April 2012
First-quarter sales at Russian retailer O'Key were ahead of its expectations, the company said today (10 April).
19 January 2012
Russian food retailer O'Key has announced an increase in annual like-for-like sales.
13 October 2011
Russian retailer O'Key has seen its sales growth slow in the third quarter of the year.
1 September 2011
Russian retailer O'Key has hailed a successful year so far after reporting a 12% rise in half-year profits despite a difficult trading environment.
12 July 2011
Russian retailer O'Key today (12 July) reported faster sales growth in the second quarter of 2011 as the company recovered from a fatal accident at one of its stores in January.
3 May 2011
Russian grocery retailer O'Key's net profit jumped during 2010, more than quadrupling to reach RUB3bn (US$109.6m).
8 April 2011
Russian grocery retailer O'Key said today that its were hit by reduced traffic following the collapse of a roof in one of its St Petersburg stores.