Growth And Expansion Driving Russian Retail Market: Analysis
As one of Europe's largest retail markets, competition is high in Russia, and while the sector remains highly fragmented, with 'mom and pop' stores dominating the market, more astute players are fast cutting themselves a bigger slice of the pie.
The country's biggest domestic players, including X5, Magnit, Lenta, O'Key and Dixy (international giants Auchan and Metro also have a significant presence) have been adapting to the country's increased demand for more sophisticated retail options with rapid expansion and consolidation plans.
But which retailers triumphed in 2017, and what is their outlook for this year?
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