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Magnit is in the middle of a business transformation programme. It is implementing six strategies to turn around its business and as it looks to support its dynamic growth strategy, and compete with other leading retailers in Russia.

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As part of its Capital Markets Day event in March 2021, Lenta announced it is to expand its small format network and online presence as it aims to double its revenue, to more than RUB1 tr (US$13.2 bn) by 2025. The aim is to capture a higher share of consumer spend through new channels that target a wider range of shopper missions, while still enabling it to focus on its core hypermarket business....
A.S. Watson Group, the world’s biggest international health and beauty retailer, has recently announced its refreshed social purpose and 2030 vision for sustainability. Commitment to ‘put a smile on our customers’ faces’ Since the A.S. Watson Group is operating on a massive scale globally, it is determined to take stronger responsibility towards the customers they serve, as well as the envi...
Auchan said in its 2020 financial year confirmed its ‘ successful turnaround ’ and the ‘ success of the Renaissance operational excellence programme as it reported its EBITDA rose 27% to €1.63 bn. However, the improvement in its profitability came despite Auchan Retail’s revenue falling 5.2% to €31.626 bn, although it remained stable, contracting by only 0.2%, in like-for-like terms. Flat rev...

Presentations

06/04/2021
Two year growth forecasts for the grocery market, the leading retailers and modern trade grocery channels in Russia.
31/03/2021
Our new forecasts show that Europe will account for nearly 13% of additional grocery sales generated between 2020-22. However, the impact of COVID-19 and its legacy will impact markets differently across the region. This report will help you understand Europe’s growing importance in the global context and which grocery markets will provide your business with the most exciting growth prospects towards 2022.
29/03/2021
A key strategy hypermarket operators are are using to win back market share is to modernise stores’ look and feel. This helps it to draw shoppers back into large format stores, especially in out-of-town locations. In this report we provide examples of where retailers have modernised their stores’ look and feel to generate excitement and boost footfall.

Key presentation

Russia country presentation

This guide to Russia explores the key trends in grocery retail, the outlook for the country’s differing channels to 2022 and the growth strategies of its leading retailers.

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Use our COVID-adjusted forecasts on over 400 retailers in over 180 countries

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