Russia

Yandex.Lavka's Maxim Avtukhov Talks To ESM

Express grocery delivery is the buzzword in European retail at the moment, and few operators have set the bar as high as Russia's Yandex.Lavka, which promi...

Lenta Completes 'Transformative' Billa Russia Acquisition

Russian retailer Lenta has completed its acquisition of Billa Russia, in a deal that CEO Vladimir Sorokin has described as "transformative". T...

Russia's O’Key Group Sees Net Revenue Up 4% In First Half

Russian retailer O’Key Group has reported a 4.0% year-on-year growth in net retail revenue to RUB 87.7 billion in the first half of its financial yea...

Russia's Magnit Sees Revenue Up 9.6% In Second Quarter

Russian retailer Magnit has said that shopper behaviour is starting to normalise, with the group reporting an acceleration in like-for-like sales in its se...

Russia's Lenta Sees Marginal Increase In Sales In H1, Online Sales Surge

Russian retailer Lenta has reported a 0.7% increase in sales in the first half of its financial year, as the group starts to see the benefits of its "...

Russia's Magnit Completes Acquisition Of Dixy Group

Russian retailer Magnit has completed the acquisition of the Dixy Group, which encompasses 2,477 stores across Russia, for RUB 87.6 billion (€1.01 bil...

Putin's Drive To Tame Food Prices Threatens Grain Sector

During a televised session with ordinary Russians last month, a woman pressed President Vladimir Putin on high food prices. Valentina Sleptsova challeng...

Magnit Enters Dagestan With Two New Stores

Russian retailer Magnit has opened its first two stores in the republic of Dagestan. The new openings include a convenience store and a cosmetics stor...