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.…
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…
RUSSIA: Carrefour plans store opening in mid-2009
French retail giant Carrefour has revealed that it will open its first hypermarket outlet in the Russian market this summer.…
RUSSIA: Carrefour “moves in on Seventh Continent”
French retail giant Carrefour has reportedly made a non-binding offer to acquire Alexander Zanadvorov’s 74.8% stake in Russian supermarket group…
