Russia: latest retail news, insights and analysis | ESM Magazine

Russian Discount Chain Mere Targets Hungarian Market

Russian discount supermarket chain Mere, known for its no-frills approach to retailing, is setting its sights on Hungary.

German Turnaround ‘Will Take A Little Longer’, Says Metro AG CEO

Turning around the performance of wholesaler Metro AG's German operations is likely to take a "little more time", chief executive Dr Steffen Greu...

Russia's Magnit Completes $736m Buyback From Foreign Shareholders

Russian retailer Magnit has purchased an additional block of shares from foreign shareholders, completing a buyback worth around $736 million.

Russian Retailer Magnit To Buy Back 7.8% Of Shares In Additional Tender

Russian retailer Magnit said that foreign shareholders had tendered shares representing about 7.8% of the company in an additional, discounted buyback offe...

Russia's X5 Group Acquires Amba Retail Chain

Russian retail group X5 has acquired stores operated by the Amba retail chain in the Khabarovsk Territory.

X5 Group Sees Third-Quarter Revenue Up By More Than A Fifth

Russian retailer X5 Group has reported a 22.9% year-on-year increase in revenue driven by solid like-for-like sales and selling space expansion.

Pyaterochka To Acquire More Than 100 Grozd Stores In Saratov Region

Russian retailer X5 Group has entered into an agreement with LLC Restructuring Centre to open Pyaterochka stores in the retail spaces formerly occupied by...