X5 Retail Group - food industry company news 
Quote, unquote: just-food's week in words
23 January 2012
Executives at Müller and Robert Wiseman Dairies espoused the benefits of the German yoghurt maker's decision to buy the UK milk supplier, a deal that divided analysts. Industry watchers also scrutinised the latest trading updates from Premier Foods plc, the UK's largest food manufacturer and Carrefour, the French retail giant, while Kraft Foods chief Irene Rosenfeld said the US group's 2011 results means it is one of the industry's better performers - on the day job cuts of 1,600 were announced.
RUSSIA: Retailer X5 reports Q4 LFL sales stumble
20 January 2012
Major Russian retailer X5 Retail Group saw its shares dip today (20 January) after it posted a fourth-quarter drop in like-for-like sales.
RUSSIA: Retailer X5's Q3 loss lower than expected
29 November 2011
X5 Retail Group, Russia's largest retailer by sales, reported a US$2.1m third-quarter loss this morning (29 November) but the result was better than analysts had expected.
RUSSIA: X5 names Rewe's Fuchs hypermarket chief
1 November 2011
Russian retailer X5 Retail Group has appointed Rewe executive Jan Fuchs as the director of its hypermarkets.
RUSSIA: X5 lowers forecast in face of economic woe
11 October 2011
X5 Retail Group, Russia's largest retailer by sales, has lowered its forecast for full-year sales growth.
US: Wal-Mart hires former X5 chief Khasis
9 September 2011
Wal-Mart Stores has appointed the former chief executive of Russia's largest retailer by sales to a senior executive role.
RUSSIA: X5 appoints Sotnikov to lead supermarket division
1 September 2011
X5 Retail Group, a major Russian retailer, today (1 September) announced the appointment of Igor Sotnikov as its supermarket format director.
RUSSIA: X5 controls costs to report strong H1
25 August 2011
X5 Retail Group, Russia's largest retailer by sales, has reported a strong first half, with double-digit growth in sales and profits.
RUSSIA: Lenta shareholders buy out Svoboda
10 August 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.
RUSSIA: Former Tesco executive Martins to join X5
5 August 2011
Former Tesco and Casino executive Paul Martins is set to X5 Retail Group, Russia's largest retailer, as commercial director.
RUSSIA: Magnit director Ermolenko joins X5
2 August 2011
X5 Retail Group, Russia's largest retailer, has appointed Alexander Ermolenko from rival Magnit to oversee its supply chain.a
RUSSIA: Discount, supermarkets drive X5 sales
8 July 2011
Russian grocer X5 Retail Group has posted an increase in first-half sales, thanks to to a "healthy" performance from its soft discount stores and supermarkets and the contribution from the Kopeyka stores it acquired at the end of last year.
RUSSIA: X5 boosted by new stores, acquisitions
26 May 2011
Russia's largest retailer, X5 Retail Group, today (26 May) booked an increase in profit for the first quarter and indicated that it expects to continue to fuel growth through store openings in the remainder of the year.
RUSSIA: Lenta recieves interest from former X5 CEO
15 April 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.
RUSSIA: X5 profit up 64% for 2010
14 April 2011
X5 Retail Group said today that it "met its 2010 growth outlook" for 2010 as it recorded a 64% increase in net profit for the year.
RUSSIA: Supermarket sales drive X5's Q1 growth
8 April 2011
X5 Retail Group said today (8 April) it saw an acceleration in like-for-like sales growth from its supermarkets during the first quarter of 2011, as net sales at Russia's largest retailer by sales surged.
RUSSIA: X5 shareholder denies merger speculation
7 April 2011
X5 Retail Group's largest shareholder, Alfa-Group has today (7 April) described speculation that it is looking to merge Russia's largest grocer with an international retailer as being "unfounded".
RUSSIA: X5 Retail Group to grow private-label penetration
22 March 2011
Russian grocer X5 Retail Group is planning to increase the number of locally-produced and private-label products it sells in its stores.
RUSSIA: X5 appoints expansion directors
16 March 2011
X5 Retail Group has appointed two directors to head up the organic development and M&A departments at the Russian retailer.
RUSSIA: X5 Retail Group CEO Khasis to leave
11 March 2011
Russia's largest retailer X5 Retail Group has announced that Lev Khasis will leave the company after "five successful years as CEO".
Quote, unquote: just-food's week in words
11 March 2011
This week featured the surprise news that Morrisons acquired a stake in US online grocer Fresh Direct, while Greencore was outfoxed in its bid to acquire Boparan. Meanwhile just-food attended the Westminster Food and Nutrition Forum. Here's the best of what was said this week:
RUSSIA: X5 Retail Group considers selling Kopeyka brand
17 February 2011
Russian grocer X5 Retail Group confirmed today (17 February) that it has received offers to sell its Kopeyka brand.
RUSSIA: X5 Retail appoints CEO of IT business
31 January 2011
Russian grocery retailer X5 Retail Group has appointed Kirill Grodinsky as CEO of its IT business.
RUSSIA: X5 Retail Group Q4 sales up
19 January 2011
Russia's largest grocery retailer X5 Retail Group recorded a 35% increase in consolidated sales for the fourth quarter of 2010, driven by improved customer spending, organic growth and the recently-acquired Kopeyka chain.
RUSSIA: Seventh Continent owner "to buy Mosmart"
17 January 2011
The owner of Russian retailer Seventh Continent has agreed to buy smaller grocery operator Mosmart for RUB15bn (US500.2m), according to reports.
RUSSIA: X5 to open 540 stores in 2011
23 December 2010
Russian retailer X5 Retail Group is to open 540 stores in 2011 as the country's largest retailer by sales continues its expansion.
RUSSIA: X5 names former Mars exec as CFO
23 December 2010
Russian retailer X5 Retail Group has appointed ex-Mars Inc executive Keiran Balfe as its CFO.
The just-food management briefing - M&A in 2010 - a timeline, part II
20 December 2010
As we headed into September, there was uncertainty about the prospects for M&A activity, with analysts at KPMG suggesting the value of deals in the food, drink and consumer goods space in the second quarter stood at just under US$19bn - down from the $49bn of deals recorded in the first three months of the year. However, the last months of 2010 saw a number of key pieces of M&A - notably the merger of Greencore and Northern Foods - and deals signed to see PepsiCo buy Wimm-Bill-Dann and a private-equity consortium by Del Monte Foods.
Comment: Wal-Mart ran out of options in Russia
13 December 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.
RUSSIA: Wal-Mart to shut Moscow office
13 December 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.
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