Hypermarkets

Russia's Magnit Sees Like-For-Like Sales Down 5.2% In Second Quarter

Russia's Magnit retail chain posted a like-for-like sales decline across all its divisions, bar its drugstore operation, in the second quarter of its finan...

Russia's X5 Retail Group Unveils Revamped Karusel Hypermarket Format

Russia’s X5 Retail Group opened the first of its new concept Karusel hypermarkets in the city of Sergiyev Posad northeast of Moscow on Friday . Th...

S Group Bucks Europe's Hypermarket Trend, As Prisma Posts 4.3% Growth

While retailers in many European markets seek to downplay their exposure to the hypermarket channel, in Finland, the format appears to be in rude health, a...

E. Leclerc Leads The 'Drive' Channel In France, But Rivals Are Gaining: Analysis

The 'Drive' format continues to gain pace in France, with several of the country's biggest retail players seeing double digit sales growth through the chan...

Food Price Inflation 'Likely To Return To France By Year-End': Barclays

A new report from Barclays European Food Retail Equity Research has found that overall food prices in France are down by an average of 0.74% since the star...

Russia's Magnit Announces 4.6% Increase In Revenue In First Quarter

Russian retailer Magnit has posted a 4.6% increase in revenue in the first quarter of the year, to RUR 266.98 billion (2016: RUR 255.30 billion). The re...

Carrefour Maintains Positive Growth In France In Q1

Carrefour has posted a 0.5% like-for-like increase in sales in its home market of France in the first quarter of the year, driven by what it says was a &ls...

Lenta Opens 17th Hypermarket In Urals

Russian retailer Lenta will be opening its second hypermarket in Magnitogorsk, its 17th hypermarket across eight Ural cities. The compact format hyperma...