Russia's Lenta Sees Like-For-Like Sales Up, Despite "Challenging" Market
Russian retailer Lenta has posted a 2.9% increase in like-for-like sales in the first half of its financial year, to 30 June, with store traffic up 2.1% and average basket size up 0.7%.
The sales increase comes despite what the company's CEO said was a "challenging" period for the sector.
It posted a 5.0% increase in like-for-like sales in the first quarter of the year, followed by a 0.8% increase in the second quarter.
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