Rising disposable incomes and growing consumerism is changing the way Russians buy their food and, according to a recent report from the Polish market research and consultancy group PMR, this is leading to a larger...
Amsterdam-based X5 Retail Group NV, Russia's largest food retailer in terms of sales, has reported a 47% pro forma revenue increase for 2006 to US$3.49bn.
US retail giant Wal-Mart is reportedly in buyout talks with Russian hypermarket chain Karusel.
X5 Retail Group, Russia's largest food retailer, has made several appointments to its senior management team.
The world’s largest retailer Wal-Mart has told just-food that while it is watching the Russian retail market with interest, it does not currently have any plans to enter the sector.
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