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German hypermarket retailer Globus is planning to expand further across Russia.

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As Auchan continues to evolve its strategy, we round up news from the retailer. Auchan appoints new managing director in Russia Auchan has appointed Johannes Tholey as managing director of Auchan Retail Russia. In recent role Tholey has been the managing director for Globus in Russia, from 2009 to 2016, and has been a board member of X5. Announcing the appointment, Auchan said it expects ‘ ...
In October 2019 we attended X5 Retail Group’s capital market day in London to learn about its plans for the future of the business. The retailer announced ambitious targets to double its market share to around 20% by 2029, with 50% of its revenue being generated in its digital businesses. X5’s 2029 vision is to almost double market share The retailer plans to reach a market share to 20% by ...
Auchan Retail generated revenue of €22.7 bn in the first half of its financial year, a fall of 2.4% at current exchange rates and by 0.4% at constant exchange rates. On a like-for-like basis, Auchan Retail said revenue fell by 0.8%. The retailer reported the performance of its operations in 12 countries, i.e. excluding Italy and Vietnam, and had restated them due to its concession agreement with ...


We’re wrapping up 2019 by looking at some of the most insightful discount stores we visited this year. This report will give you a view on how the discount channel is evolving globally. Discounters use a more shopper centric strategy, they invest in technology in their stores and evolve their assortments to align with latest trends.
Several major European discounters are accelerating their expansion plans in city centres. They have had to adapt their stores’ format and flex their range to be able to fit in this new environment. With their high population density, European cities are also an opportunity to test ecommerce and new payment solutions and learn from such initiatives.
X5 Retail Group in Russia is testing a facial recognition checkout unit in its test Pyaterochka store.
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