Russian retailer Seventh Continent reported a 13% increase in first-half retail sales today (14 July) to RUR23.7bn (US$732m).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


 


Like-for-like sales increased 4.8% for the six-month period, driven by traffic growth of 1.7% and average ticket growth of 3.1%.


 


Based on management accounts the company’s first-half, gross retail sales reached RUR23.7bn.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

 


During the first half, Seventh Continent opened two supermarkets and one hypermarket, which subsequently closed due to poor financial results.


In May, French retail giant Carrefour was reported to be looking to buy a 75% stake in Seventh Continent.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now