Russia

Russia's X5 Building Customer Contacts But Core Businesses Drive Growth

Russian food retailer X5's moves into online delivery, financial services and media are geared towards more contact with customers, CEO Igor Shekhterman to...

Fix Price Sees Like-For-Like Sales Up 4.4% In Third Quarter

Russian retailer Fix Price has reported a 4.4% increase in like-for-like sales in the third quarter of its financial year, with like-for-like sales up 25.9...

Russia Suspends Champagne Label Law Until Year-End

Russia has agreed to suspend until 31 December a new law that forces French champagne makers to label their bottles as sparkling wine, French deputy trade...

Lenta Sees Retail Sales Up 13.5% In Third Quarter

Russian retailer Lenta has reported a 13.5% year-on-year increase in retail sales, to RUB 116 billion (€1.44 billion), in the third quarter of its fin...

Russia's Ozon Express Launches Ready-To-Eat Meals Delivery Service

Russian e-grocery platform Ozon Express has launched a meal delivery service for ready-to-eat meals, offering salads and hot meals within a 60-minute or le...

Germany's Globus Sees 'A Lot Of Tailwind' As Full-Year Sales Rise

German hypermarket operator Globus has reported a 2.4% increase in sales in its financial year to 30 June, to €7.76 billion, with managing director Ma...

Russian Wheat Export Prices Stabilise After 13 Weeks Of Growth: IKAR

Russian wheat export prices were stable last week after 13 weeks of consecutive growth, the IKAR agriculture consultancy said. Russian wheat with 12.5%...

Russia's X5 Sees Like-For-Like Sales Up 4.8% In Third Quarter

Russian retail giant X5 Retail Group has reported a 4.8% increase in like-for-like sales in the third quarter of its financial year, largely driven by incr...