Russia's Lenta Sees Like-For-Like Sales Up 4.0% In First Quarter
Russian retailer Lenta has posted a 4.0% increase in like-for-like sales in the first quarter of its financial year, with both traffic and basket size increasing in the period.
The group posted retail sales growth of 7.5% for the quarter, to RUB 104.4 billion (€1.28 billion), however its wholesale business was down 16.5%.
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