How robust is Russia's grocery sector? Archives - Just Food
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How robust is Russia's grocery sector?

Russia’s grocers can withstand economic slump

Russia's economy, buoyed in recent years by the country's vast natural resources, kicked off 2009 with something of a whimper. Nevertheless, there is the feeling that Russia's food retail sector could provide a beacon of...

RUSSIA: X5 retains 25% sales growth goal

RUSSIA: X5 retains 25% sales growth goal

X5 Retail Group today (6 March) reiterated its sales outlook for 2009, saying it expects to grow revenues by more than 25% in spite of the economic downturn that has sapped Russian consumer confidence.