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Russian Retailer X5's Profit Dented By Expansion Of Discount Chain

Russian Retailer X5's Profit Dented By Expansion Of Discount Chain

Russian food retailer X5 has said declining profit in its fourth quarter was partly owing to aggressive expansion of its network of discount stores as Russ...

X5 Retail Group Acquires Controlling Stakes In Siberian Retail Chains

Russia's X5 Retail Group has acquired a controlling interest in Krasny Yar and Slata groups, two retailers in Eastern Siberia.