O'KEY

Russian Retailer Lenta Buys Monetka Chain In Cash And Debt Takeover

Russian supermarket chain Lenta said its has acquired the Monetka chain of 2,120 convenience stores for an undisclosed sum in a deal financed by cash and d...

Russian Retailers Limit Margins On 'Socially-Important Products'

Leading Russian retailers including Magnit, O’Key and Auchan have said that they are voluntarily limiting margins on 'socially-important' products, s...

Russia's O’Key Weighed Down By 'Big Box' Estate, Says Analyst

Russian retailer O'Key continues to be weighed down by its 'big box' retail estate, however its hard discounter business is showing strong potential, a lea...

Russia’s O’Key Consolidates Presence In Central Russia

Russian retailer O’Key Group has expanded its network in central Russia by acquiring a Karusel hypermarket in Moscow in Ozernaya Street. The group...

Russia's O'Key Group Sees Revenue Up 5.6% In FY 2020

Russian retailer O'Key Group has reported a 5.6% year-on-year growth in revenue to RUB174.3 billion (€1.95 billion) in its financial year 2020. The...

Russia's O'Key Group Launches New Mobile App

Russian retailer O'Key Group has released a new mobile app that fully aligns with its 'One Retail' concept. The app allows customers to access the entir...

O'Key Sees Da! Outperform As Russians Embrace Discounters

Russian retailer O'Key Group said that its Da! discount banner posted a 42.2% rise in net retail revenue in the fourth quarter of its financial year, drive...

Coronavirus Lockdown Drives Jump In Vodka And Whiskey Sales In Russia

Russian retailers have seen a sharp spike in alcohol sales in recent weeks, with consumers rushing to buy vodka, whiskey and beer at a time when Moscow and...