Russia news

Russia’s top retailers, X5, Magnit, and Lenta, have and are investing a considerable amount to expand their store presence across Russia, especially in Moscow, St Petersburg and their surrounding areas. SPAR Russia now seems to work closely with its franchisees to expand store presence in the Northwest and central region, with focus on Moscow and St Petersburg, and the southern federal district o...

X5 launched an online store, Perekrestok.ru, in April 2017, to service the Moscow area. Now it plans to open fulfilment centres for the online store, otherwise known as ‘dark stores’. ‘Dark stores’ aid Perekrestok fulfilment stores to focus on in-store X5’s Prekrestok.ru is currently supported by a number of Perekrestok hybrid-stores that are supermarket units combined with a warehouse. The...

We attended the Magnit Roadshow in London on 29 January for its 2017 full year results announcement, following our store visit in December 2017 . We discussed with Magnit’s CFO, Khachatur Pombukhchan, and Deputy CEO for Network Development, Sales & HR, Ilya Sattarov, Magnit’s performance in 2017 and strategy for 2018. Magnit 2017 results weaker than previous year Magnit’s performance...

As X5 and Magnit face a small drawback in their growth plans for the beginning of 2018, Lenta met their forecast, whereas Dixy faced closures in 2017. X5 Retail Group cannot open more stores in St. Petersburg X5 faces competition authority restriction in St. Petersburg as it surpasses the 25% market share in that city following the acquisition of 37 Okay supermarkets . X5 exceeded the ...

As Lenta announces investment in its private label ranges and supply chain and Dixy looks to add further in-store services to drive footfall, we round up developments from Russia. Lenta focusing on private labels… As part of an interview in Lebensmittel Zeitung, Lenta’s chief executive, Jan Dunning, has said the retailer sees private label as a key strategy to support its position in the co...

We share the latest from SPAR International across a variety of European markets including Austria, Croatia, the Netherlands, Russia and Albania. SPAR Austria invests in new private label ‘SPAR Enjoy’ drinks range SPAR Austria has invested in a variety of new private label drinks under the 'SPAR Enjoy' brand over the last quarter. This includes a range of rainbow juices  featuring e...

As Auchan rolls out its one-brand, multichannel strategy across its countries, we look at developments in France, Romania and Russia. Simply Market brand to disappear online… As part of the one brand strategy, Auchan has told shoppers the Simply Market brand will be removed from its online store, to be replaced by Auchan-supermarche.fr. The development is part of the retailer’s one brand st...

We round up the latest developments from the leading Finnish grocery retailers at home and abroad. In Finland, this includes Kesko's changes at the top and S Group's checkout livestream. Meanwhile, S Group is set to expand in Russia and Estonia, while Kesko is partnering with Lenta to export Kesko private label products in Russia. Finland: Kesko makes changes at the top Jorma Rauhala , Pre...

The buying and marketing group EMD has announced that Russia-based Lenta has become a member. Lenta, as of November 2017, operates 202 hypermarkets and 67 hypermarkets and generates annual revenues of €4.5 bn. Lenta looking to drive better sourcing Lenta, through its membership of EMD, is looking to ‘ increase its sourcing capabilities, [to help it] generate significant savings from its sup...

We look at the latest developments from Russia’s leading retailers. This includes X5’s store growth ambitions, loyalty programme investment and supplier expansion in Asia and elsewhere. Meanwhile, Lenta are expanding in Siberia. X5 requests approval to acquire 37 Okey supermarkets X5 Retail Group has submitted a request to Russian competition authority, FAS, to acquire 37 Okey supermarket...