RUSSIA: X5 outlines US$615m expansion plan

By just-food.com | 30 November 2009

X5 Retail Group, Russia's largest retailer by sales, has revealed plans to spend RUR18bn (US$615.8m) on opening up to 275 stores in 2010.

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.

X5 Retail Group, Russia's largest retailer by sales, has revealed plans to spend RUR18bn (US$615.8m) on opening up to 275 stores in 2010.

  • 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

Not what you were looking for?

Search just-food:

More articles related to this one

RUSSIA: Lower inflation, spending hits X5 outlook
X5 Retail Group today (27 May) lowered its sales outlook for 2010 as it struggles with lower inflation and reduced spending in Russia.

Quote, unquote: just-food's week in words
UK retailers Marks and Spencer and Asda both announced the departure of members of their executive teams this week. For M&S, finance and operations director Ian Dyson left to jon pub group Punch Taverns, while Asda announced the exit of CMO Darren Blackhurst. And, aside from a raft of quarterly results, there was some M&A activity, with Poundland the subject of a takeover from US private-equity firm Warburg Pincus who described the firm as "an exceptional business". Here is the best of who said what this week.

UPDATE: RUSSIA: X5 sees “growing opportunity” in convenience
Russian retailer X5 Retail said today (5 May) that it expects to capitalise on the "growing opportunity" offered by the Russian convenience sector as part of its multi-format strategy.

Welcome to the home of food information, insight & intelligence

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page