Russia

Majority Of Shoppers Believe Supermarkets Can 'Help Them Make Sustainable Choices'

Nine in ten shoppers believe that grocery businesses can play a key role in helping them to make more sustainable purchasing decisions, a study by tcc has...

Russia's Magnit Launches Credit Broker Service

Russian retailer Magnit has launched a credit broker service through its mobile app, which enables users to apply for a credit card and receive a rapid res...

Retail Sales In Russia Rise More Than Expected In April

Russia's retail sales rose more than expected in April as the economy rebounds from the impact of last year's COVID-19 lockdown, adding weight to officials...

Russia's X5 Looking At Regional M&A Opportunities, Says CEO: Reports

Russia's X5 Retail Group is considering merger and acquisition options in Siberia and the Altai region, but has no plans for major deals at present, the TA...

Magnit Still Has Some Room For Acquisitions: CEO

Magnit, one of Russia's top retailers, still has some room to make acquisitions, albeit probably smaller ones, following its purchase of rival Dixy, Magnit...

Russia's Fix Price Announces Opening Of 4,500th Store

Russian retailer Fix Price has announced the opening of its 4,500th store, with the milestone outlet opening in St Petersburg earlier this week. During...

Carlsberg To Open More Craft Beer Stores In Russia

Carlsberg Group plans to increase the number of craft beer stores in Russia by four times in 2021, according to a report in the publication Pivnoe Delo....

Ehrmann To Acquire FrieslandCampina's Russian Dairy Business

German dairy company Ehrmann has agreed to acquire FrieslandCampina's Russian subsidiary, Campina LLC, for an undisclosed sum. The deal will strengthen...