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Grocery
Magnit, a Russian grocery retailer, plans to speed up the rate at which it opens new stores. During the period January-August 2010, the company opened eight hypermarkets. By the end of 2010, the retailer plans to open ... more »
2010-08-26
X5 Retail Group, the largest Russian grocery retailer, has launched a mobile virtual network operator (MVNO) using Mobilnye TeleSistemy’s (MTS) infrastructure. The company expects to have at least 500,000 registered ... more »
2010-08-17
Viktoria, a Russian retailer and operator of chains such as Deshevo, Kvartal and Viktoria, has been granted the approval of the Federal Russian Antimonopoly Service (FAS) to proceed with its acquisition of Morgan ... more »
2010-08-03
The largest Russian grocery retailer X5 Retail Group grew its net retail sales by 19% year on year to RUB 155.5bn or by 31% to $5.2bn in H1 2010. In the second quarter, X5's sales rose by 18% to RUB 79.8bn or by 26% to $2.6bn ... more »
2010-07-20
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