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: 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: 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.

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.

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.

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.

RUSSIA: Fuchs latest senior exec to leave X5 Retail Group

29 Aug 2012

Jan Fuchs has become the latest senior executive to leave Russian retailer X5 Retail Group.

UPDATE: RUSSIA: Retailer Dixy focuses growth on c-stores

25 Jul 2012

Russian retailer Dixy is focusing its growth strategy on expanding its convenience store network in the country.

RUSSIA: Magnit H1 profits double

24 Jul 2012

Russian grocery retailer Magnit has booked a 142% jump in first-half profits, driven partly by higher sales.

What the analysts say: The surprise exit of X5 CEO Gusev

17 Jul 2012

Last week's shock announcement that X5 Retail Group CEO Andrey Gusev resigned caused the Russian retailer's share price to tumble. X5 also booked a mixed set of second-quarter results that showed the retailer was only able to slow - but not reverse - declining like-for-like and customer traffic trends. Analysts in Moscow are split over its performance in the market and the outlook for the country's largest retailer, but there is agreement the departure of Gusev will come as a blow.

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

16 Jul 2012

UK dairy farmers this week gathered at a summit in London to air their views on recent cuts in prices to liquid milk and the implications of the cuts. In the US, PepsiCo and Müller made the much-anticipated launch of their yoghurt range, while Campbell Soup Co. indicated it is eyeing expansion into new categories through its acquisition of carrot-to-beverage firm Bolthouse Farms.

RUSSIA: Lidl exec Mros joins X5 Retail

4 May 2012

X5 Retail Group has appointed Lidl executive Frank Michael Mros as director of the company's soft discount stores.

RUSSIA: Russian retailer X5 bids for Siberian chain

17 Apr 2012

Russian retailer X5 Retail Group wants to take over the Siberian retail chain Holiday Classic.

RUSSIA: Pyatyorochka founder Vysotsky exits X5

6 Mar 2012

X5 Retail's discount format director Oleg Vysotsky is leaving the supermarket group, the company has confirmed.

RUSSIA: Wal-Mart quiet on "Russian recruitment" reports

15 Feb 2012

Wal-Mart Stores has remained quiet on reports that it has hired Ekaterina Ishevskaya, the former commercial director of local giant X5 Retail Group, as it gears up to expand in the Russian market.

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

23 Jan 2012

Executives at Müller and Robert Wiseman Dairies espoused the benefits of the German yoghurt maker's decision to buy the UK milk supplier, a deal that divided analysts. Industry watchers also scrutinised the latest trading updates from Premier Foods plc, the UK's largest food manufacturer and Carrefour, the French retail giant, while Kraft Foods chief Irene Rosenfeld said the US group's 2011 results means it is one of the industry's better performers - on the day job cuts of 1,600 were announced.

US: Wal-Mart hires former X5 chief Khasis

9 Sep 2011

Wal-Mart Stores has appointed the former chief executive of Russia's largest retailer by sales to a senior executive role.

RUSSIA: X5 controls costs to report strong H1

25 Aug 2011

X5 Retail Group, Russia's largest retailer by sales, has reported a strong first half, with double-digit growth in sales and profits.

RUSSIA: Former Tesco executive Martins to join X5

5 Aug 2011

Former Tesco and Casino executive Paul Martins is set to X5 Retail Group, Russia's largest retailer, as commercial director.

RUSSIA: Magnit director Ermolenko joins X5

2 Aug 2011

X5 Retail Group, Russia's largest retailer, has appointed Alexander Ermolenko from rival Magnit to oversee its supply chain.a

RUSSIA: X5 boosted by new stores, acquisitions

26 May 2011

Russia's largest retailer, X5 Retail Group, today (26 May) booked an increase in profit for the first quarter and indicated that it expects to continue to fuel growth through store openings in the remainder of the year.

RUSSIA: Supermarket sales drive X5's Q1 growth

8 Apr 2011

X5 Retail Group said today (8 April) it saw an acceleration in like-for-like sales growth from its supermarkets during the first quarter of 2011, as net sales at Russia's largest retailer by sales surged.

RUSSIA: X5 shareholder denies merger speculation

7 Apr 2011

X5 Retail Group's largest shareholder, Alfa-Group has today (7 April) described speculation that it is looking to merge Russia's largest grocer with an international retailer as being "unfounded".

RUSSIA: X5 appoints expansion directors

16 Mar 2011

X5 Retail Group has appointed two directors to head up the organic development and M&A departments at the Russian retailer.

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

11 Mar 2011

This week featured the surprise news that Morrisons acquired a stake in US online grocer Fresh Direct, while Greencore was outfoxed in its bid to acquire Boparan. Meanwhile just-food attended the Westminster Food and Nutrition Forum. Here's the best of what was said this week: