UPDATE: RUSSIA: Wal-Mart still seeking “appropriate” Russian entry
By: Katy Askew | 4 May 2010
Wal-Mart today (4 May) indicated that it is still seeking an "appropriate" means to enter the Russian market, refusing to rule out either the possibility of acquiring a local chain or opening its own stores in the country.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
Wal-Mart today (4 May) indicated that it is still seeking an "appropriate" means to enter the Russian market, refusing to rule out either the possibility of acquiring a local chain or opening its own stores in the country.
- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
RUSSIA: Lenta CEO Dunning to leave
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.
RUSSIA: Wal-Mart again linked to local retailer Kopeika
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.
RUSSIA: EBRD has no plans to sell Lenta stake
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.
Market research related to this article
Retailing - Russia
Retailers became less optimistic as they witnessed the worsening scenario of Russian economic recovery at the end of the review period. Despite government optimism, business expect a longer recovery period compared with previous forecasts. The necess...
Retailing in Russia
After years of buoyant growth Russia's retail prospects have worsened as deteriorating macroeconomic conditions and a recessionary environment feed through to weaker demand and declining retail sales. Despite this many retailers and suppliers are con...
