Lenta

More Consolidation Likely In Russian Market, Says Lenta CFO

Further consolidation is likely in the Russian grocery industry in the coming years, particularly as larger retailers expand their geographical footprint,...

Lenta Set To Acquire Billa Russia Supermarkets In €215m Deal

Russian retailer Lenta has announced that it has agreed to acquire the supermarket business of Billa Russia for €215 million in cash, in a deal that i...

Russia’s Lenta Sees Sales And Gross Margin Up In Q1 2021

Russian retailer Lenta has reported a 2.4% year-on-year growth in gross profit to RUB23.4 billion (€260 million) in the first quarter of its financial...

Lenta Sets Sights On Multi-Format Retailing As It Eyes RUB 1tr In Turnover

Russian retailer Lenta has set its sights on achieving RUB 1 trillion in turnover by 2025 – a doubling of its current revenues – by i...

Russia's Lenta Announces Organisational Changes

Russian retailer Lenta has announced a series of changes in its senior management team and organisational structure as part of a new company strategy. T...

Lenta Reports Retail Sales Growth Of 7.3% In FY2020

Russian retailer Lenta has posted retail sales growth of 7.3% to RUB438 billion (€4.8 billion) in full-year 2020. Despite changes in consumer behav...

State Of The Nation – The Future For Retailer Private Labels

It’s been an unprecedented year for retail, particularly private label. ESM speaks to leading European retailers about the future for store brands. T...

Russia's Lenta Sees Sales Up 4.6% In Third Quarter, As Online Sales Surge

Russian retailer Lenta has posted a 4.6% increase in sales in the third quarter of its financial year, to RUB 102 billion (€1.12 billion), saying it w...