X5 Retail Group

RUSSIA: Promo push hits margins at X5 Retail Group

28 Apr 2014

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.

RUSSIA: Retailer X5 sees LFL sales accelerate

11 Apr 2014

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: X5 confirms sale of Ukraine stores

25 Mar 2014

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

RUSSIA: Ukranian Roshen factory seized by police "without notice"

21 Mar 2014

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

RUSSIA: X5 Retail Group "exits Ukraine"

20 Mar 2014

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.

RUSSIA: Retailer X5 returns to profit in 2013

6 Mar 2014

Russian retailer X5 Retail Group today (6 March) reported higher sales and a return to profitability in 2013.

RUSSIA: X5 drives 2014 turnaround despite "ebbing" confidence

23 Jan 2014

Russian retailer X5 Retail Group has said that it will push ahead with plans to improve its performance in 2014 in the face of what it described as "ebbing" consumer confidence in the country.

RUSSIA: Auchan outlines expansion plans for 2014

19 Nov 2013

Auchan has outlined plans to open ten to 14 stores in Russia in 2014 across its three different formats.

RUSSIA: X5 shares up on higher sales, profits

12 Nov 2013

Shares in X5 Retail Group climbed this morning (12 November) after the Russian retailer booked higher third-quarter sales and profits.

RUSSIA: Drop in footfall hits X5 Retail LFL sales

11 Oct 2013

X5 Retail Group saw its like-for-like sales slide in the third quarter as the Russian retail giant experienced a decline in customer traffic.

FMCG in Russia: Domestic, international grocers battle it out in Russia

30 Sep 2013

Russia has been described as one of the most dynamically developing retail markets in the world. The advent of the recession, however, resulted in a slowdown in growth that Russia has not yet fully recovered from. While it is debatable whether Russia will fully re-establish the pace of growth it enjoyed before the credit crisis, the market is seen as an attractive one for FMCG companies.

RUSSIA: Retailer X5 tight-lipped over link to rival Seventh Continent

23 Sep 2013

Russian retail giant X5 Retail Group has declined to comment on reports it may acquire Moscow-based competitor Seventh Continent.

RUSSIA: X5 Retail H1 earnings climb

13 Aug 2013

Russian retail giant X5 Retail Group saw its earnings climb in the first half of the year, driven by increased sales from new store openings.

RUSSIA: X5 Retail H1 sales climb

11 Jul 2013

Russian retail giant X5 Retail Group has booked an increase in first-half sales, boosted by price increases and store openings.

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

20 May 2013

UK meat processor Cranswick, dairy group Dairy Crest and Marks and Spencer, perhaps the most scrutinised name on the country's high street, are all set to announce annual results next week. In the US, Spam owner Hormel Foods will post its half-year results.

RUSSIA: Magnit records Q1 profit increase

23 Apr 2013

Russian retail giant Magnit has booked an increase in profits in the first quarter of the year.

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

22 Apr 2013

The industry's first-quarter results continued to pour in last week and two of France's leading retailers, Carrefour and Casino revealed sales figures that got analysts talking. Carrefour appeared pleased with its domestic performance, while Casino was encouraged by the results of recent pricing initiatives. Elsewhere, Tesco finally confirmed its plans to exit the US and revealed it had received and was pursuing interest in the business.

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

22 Apr 2013

Major food manufacturers began to report their first-quarter results last week. Nestle came under scrutiny for its performance in emerging markets. A cautious Danone saw signs of improvement from its European dairy operations, while its infant formula business was buoyant. Elsewhere, we shone the spotlight on the recent rationing of formula in Western markets amid high demand in China, looked at Marks and Spencer's latest European venture and analysed Magnit's move to Russian retail's top spot.

BRICs and beyond: Russian retailer Magnit looks to retain top spot

17 Apr 2013

Russian retail colossus Magnit has overtaken X5 Retail Group to become the country's largest by sales. While anticipated, speculation is now likely to turn to whether Magnit can extend its lead, or if X5 has what it takes to up its game and claw back the number one position.

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

15 Apr 2013

UK-based R&R Ice Cream last week snapped up local rival Fredericks Dairies, a deal its CEO told us will help it compete better with Unilever. We spoke to M&A analysts about the potential sale of Burton's Biscuit Co. and to the chairman of Canada's Dare Foods about his expansion plans. In Europe, the sector was rocked by fresh horsemeat revelations, including news an Asda product contained the veterinary drug phenylbutazone.

RUSSIA: X5 sales up on store openings, LFLs muted

12 Apr 2013

X5 Retail Group has booked an 8.1% increase in first-quarter net sales, driven by store openings - although like-for-like sales were less buoyant.

RUSSIA: Impairment charges push retailer X5 into red

7 Mar 2013

X5 Retail Group, Russia's largest retailer by sales, has reported an annual loss of over US$126m after impairment charges hit its bottom line.

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

28 Jan 2013

This week saw the debate around the food industry's role in the obesity epidemic come to the fore once again, as the UK Government warned that the industry must do more or face the possibility of legislation. The inauguration of Barack Obama for his second term in office gave us a timely opportunity to look at what has been achieved under his administration - and what could be in store for US food makers. Meanwhile, news that Christine Tacon has been named UK Groceries Code Adjudicator put supply chain relationships firmly in the spotlight. We were able to delve a little deeper into Tacon's take on the subject when we interviewed her shortly after her appointment.

UPDATE: RUSSIA: Magnit seen overtaking X5 as largest Russian grocer

23 Jan 2013

The release of X5 Retail Group's sales figures has prompted pundits to suggest that Magnit could overtake X5 as Russia's largest retailer this year.

RUSSIA: X5 sales driven by discount format

23 Jan 2013

X5 Retail Group, Russia's largest retailer by sales, reported an 8.3% rise in net sales for fiscal 2012, driven by higher revenues at the group's discount formats.

On the money: Magnit profit rises on margin gains

22 Jan 2013

Russian retailer Magnit has seen profits benefit from improved purchasing terms and cost controls as it expanded its store footprint over the past 12 months.

RUSSIA: X5 Retail Group appoints CEO, sees FY sales rise

14 Jan 2013

The board of Russia's X5 Retail Group has nominated interim CEO Stephan DuCharme to take the post permanently, as new figures show that store openings lifted the firm's sales in 2012.

US: Wal-Mart's Khasis appointment to "enhance" new format strategy

7 Jan 2013

Wal-Mart has appointed Lev Khasis to the post of president and chief executive of new formats at Wal-Mart International, in a move the retail giant indicated would enhance its ability to develop new formats.

RUSSIA: Mixed Q3 results at X5 Retail Group

20 Nov 2012

Russian retailer X5 Retail Group's bottom line improved in the third quarter year-on-year - but its sales slid and operating profit fell.

RUSSIA: Moloko to begin Russia's first organic milk production

9 Nov 2012

Multinational dairy company Moloko Holdings is to start production and distribution of Russia's first organic milk in the Ulyanovsk province.