Lenta

Food industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Wal-Mart's online offensive, Save-A-Lot sold, Lenta and Magnit in spotlight in Russia - retail round-up, October 2016

8 Nov 2016

October saw Wal-Mart underline its ambitions in e-commerce, Supervalu sell under-pressure US hard discounter Save-A-Lot and Russian retailer Lenta add to its operations through M&A.

Talking shop October 2015 - Wal-Mart, Auchan, X5

13 Nov 2015

Multinational grocery retailers demonstrated a various different strategies to grow their sales and expand their consumer reach over the past month. Here is just-food's round-up of some of the major developments at your retail customers during October. 

RUSSIA: Retailer Lenta posts 14% rise in Q1 LFL sales

17 Apr 2014

Russian retailer Lenta has announced a 13.6% increase in like-for-like sales for the first quarter of the year.

RUSSIA: Retailer Lenta makes listing debut

28 Feb 2014

Shares in Russian retailer Lenta started trading in London and Moscow today (28 February), with the global depository receipts hovering around the offer price.

RUSSIA: Hypermarket retailer Lenta sets IPO price

14 Feb 2014

Russian retailer Lenta has published the price range for its offering of shares in London and Moscow.

Quote, unquote: just-food's week in words

10 Feb 2014

Sales growth at Hain Celestial fell slightly short of expectations, prompting the question of whether the natural and organic group is trying to run before it can walk. Elsewhere analysts picked up on Wal-Mart's failure to impress with its quarterly figures. Kellogg results also fell short and CEO John Bryant insisted the initial start-up costs of Project K will pay off in the long term.

RUSSIA/UK: Retailer Lenta outlines London IPO plan

3 Feb 2014

Russian retailer Lenta today (3 February) set out plans to list in London as it looks to double its store footprint over the next three years.

RUSSIA: Listing of retailer Lenta could attract "good" interest

20 Jun 2013

Russian supermarket group Lenta could attract "good" interest from international investors, if reports the group is preparing to list in London prove accurate.

RUSSIA/UK: Retailer Lenta "in talks over listing"

29 May 2013

Russian grocery retailer Lenta is reported to be holding discussions with bankers over a potential listing in London.

Editor's choice: the highlights on just-food this week

12 Aug 2011

There were a series of deals this week, from Symington's move to buy two brands from Unilever and Valeo Foods Group's acquisition of fellow Irish food maker Jacob Fruitfield Food Group to the latest move by Sara Lee to restructure its business and sell a North American unit to US company Ralcorp Holdings. Click on the headlines for more.

RUSSIA: Lenta shareholders buy out Svoboda

10 Aug 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: Lenta recieves interest from former X5 CEO

15 Apr 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: Lenta sales up in 2010

14 Jan 2011

Russian grocery retailer Lenta recorded a 27% increase in sales during 2010, despite ongoing disputes within the retailer's board.

Comment: Wal-Mart ran out of options in Russia

13 Dec 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 Dec 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.

BRICs and beyond: Russia's X5 Retail plans aggressive expansion

8 Dec 2010

Russia's leading grocery retailer X5 Retail Group's acquisition of soft discounter Kopeyka will give it a stronger base to drive aggressive growth plans in a heavily fragmented, but highly attractive market.

RUSSIA: Lenta CEO Dunning to leave

29 Oct 2010

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

15 Oct 2010

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

4 Oct 2010

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.

Best bits: Spotlight remains on emerging markets

6 Sep 2010

The spotlight was on manufacturers this week as Heinz, Kerry Group and Del Monte all posted positive numbers.

RUSSIA: Lenta shareholder woes continue

24 Aug 2010

Hostilities among the board of Russian retailer Lenta continued at an extraordinary shareholders meeting on Friday, as investor groups continue to dispute who should be CEO of the company.

Best bits: Wal-Mart faces tougher US market

23 Aug 2010

Manufacturers found reason to breathe a sigh of relief last week as Wal-Mart announced it would be reversing a number of the range rationalisation initiatives it undertook as part of its 'Project Impact' scheme.

RUSSIA: Lenta board meeting does not go ahead

17 Aug 2010

Russian grocery retailer Lenta's troubles have continued as a board meeting set to ratify the appointment of an interim new CEO did not go ahead.

Best bits: Questions surround Sara Lee; Nestle has the answers

16 Aug 2010

In a week when Sara Lee announced the departure of its chief executive through illness and reported its full-year numbers, it was perhaps natural that industry watchers were speculating about the future for the US food group.

Talking shop: Shareholder strife for Russian retailer Lenta

13 Aug 2010

Russian grocery retailer Lenta, long a rumoured takeover target of Wal-Mart, is enjoying growing sales in Russia's emerging retail market but, as Petah Marian reports, in-fighting among shareholders could derail the business.

Editor's choice: the highlights on just-food this week

13 Aug 2010

Nestle, the world's largest food maker, published its half-year figures this week, numbers that are often a barometer for the rest of the sector. The company's results were robust although it did issue some caution over rising commodity costs. just-food reported from Moscow about the Russian grain crisis and the impact it could have on food makers. Meanwhile, Sara Lee chief Brenda Barnes stepped down due to illness and we analysed what the future holds for the US food group.

Quote, unquote: just-food's week in words

13 Aug 2010

Concerns over the grain crisis in Russia trickled down through the financial results this week, with companies like Nestle and Sara Lee hinting at possible price increases due to increased commodity prices.

Editor's choice: the highlights on just-food this week

6 Aug 2010

It was no surprise that Russia's decision to temporarily ban wheat exports grabbed your attention this week. Wheat prices have soared in recent days and food makers will be facing rising commodity costs at the same time as facing still-weak consumer confidence. Two other stories out of Russia, Mars Inc's latest chocolate investment and a shareholder spat at food retailer Lenta, were highlights - as was our August just-food interview with the boss of Kellogg UK, Greg Peterson.

RUSSIA: Lenta stakeholders in spat over CEO appointment

5 Aug 2010

Shareholders in Russian retailer Lenta have become embroiled in a spat over the appointment of the company's new chief executive.

RUSSIA: Lenta general director leaves company

3 Aug 2010

The general director of Russian grocery chain Lenta, Jan Dunning, will leave the company.

1



Forgot your password?