ESM: European Supermarket Magazine is proud to unveil 'The A-Z of Retail', a new subscriber-only series that offers a deep analysis of the retailers, suppliers and individuals making the news each week. Today: X is for X5.
Russia’s largest retail company, X5 Retail Group, operates on a different scale to most of its peers. The number one Russian retailer in terms of sales added a record 2,934 new stores to its network in 2017, and has recently opened its 12,500th store.
It reported sales of RUB 1,286.87 billion last year, leaving behind its next closest competitor, Magnit, with sales of RUB 1,143.29 billion, despite the latter having a larger store network of 16,350.