Russian retailer Dixy Group has followed rival X5 Retail Group in reporting strong full-year sales.

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The company, which operates 388 stores in Russia, posted a 33% rise in revenue to RUR36.6bn (US$1.5bn) for 2007.


The company opened 65 stores last year and did not disclose a like-for-like sales figure.


However, the growth comes hot on the heels of rising sales at X5, Russia’s largest retailer. Earlier this week, the company booked a 20% rise in like-for-like sales.

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