What has recession meant for Russian retail?
RUSSIA: X5 hails success of multi-format approach
X5 Retail, Russia's largest retailer by sales, today (20 October) suggested that its multi-format strategy had allowed it to circumvent…
High-risk Russian retail remains promising prize
The surprise announcement that French retail giant Carrefour will exit Russia throws into sharp relief the number of challenges facing…
FRANCE: Carrefour to exit Russia after four months
Carrefour, the world's second-largest retailer, is to withdraw from Russia just four months after opening its first store in the country. The…
RUSSIA: Magnit posts 31% rise in sales
Russian hypermarket operator Magnit posted a 31% increase in profit for the first nine months of the year. Net retail…
RUSSIA: X5 to grow sales, boost share
X5 Retail Group, Russia's largest retailer, has confirmed that it plans to “significantly grow” its sales and market share. A…
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