X5 Retail Group

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The week ahead - M&S, Dairy Crest FYs, Hormel H1s

UK meat processor Cranswick, dairy group Dairy Crest and Marks and Spencer, perhaps the most scrutinised name on the country's high street,...

Russian retailer Magnit looks to retain top spot

Russian retail colossus Magnit has overtaken X5 Retail Group to become the country's largest by sales. While anticipated, speculation is now...

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...

Latest Interviews

The just-food interview - Magnit's Oleg Goncharov 31 Aug 2012

Michelle Russell

Russian retail colossus Magnit can lay claim to having had a rather buoyant year. As one of the country's largest food retailers, it has grown in tandem with the country's middle-class and seen its profits more than double in the first half of 2012. Michelle Russell talks to Oleg Goncharov, Magnit's deputy CEO and investor relations director, about the retailer's confidence in the market, opportunities for growth and the year ahead.

Latest News

Promo push hits margins at X5 Retail Group 28 Apr 2014

Hannah Abdulla

Russian retailer X5 Retail Group has reported a fall in margins in the first quarter as it embarked on a promotional offensive to lure in customers.

Russian retailer X5 sees LFL sales accelerate 11 Apr 2014

Dean Best

Russian retailer X5 Retail Group has reported a 6% rise in like-for-like sales for the first quarter of 2014, a faster rate of growth than seen in 2013.

Russia's X5 confirms sale of Ukraine stores 25 Mar 2014

Dean Best

Russia's X5 Retail Group has finalised a deal to sell its stores in Ukraine, marking its exit from the country.

Roshen factory seized by Russian police 21 Mar 2014

Hannah Abdulla

Ukranian confectionery firm Roshen's chocolate factory in Lypetsk, Russia has been seized by police.

Russian X5 Retail Group exits Ukraine 20 Mar 2014

Hannah Abdulla

Russian retailer X5 Retail Group has reportedly sold its Ukraine stores to local rival Varus in a US$5-10m deal that sees the retail giant exit the country.

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