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Russia’s X5 Retail Group Sees Like-For-Like Sales Up Marginally In Q2

Published on Jul 20 2018 10:30 AM in Retail tagged: Featured Post / Retail / Russia / X5 Retail Group / Pyaterochka / Perekrestok / Karusel / Paywall

Russia’s X5 Retail Group Sees Like-For-Like Sales Up Marginally In Q2

Russia’s X5 Retail Group has posted a 1.0% increase in like-for-like sales in the second quarter of its financial year.

Total net retail sales at the group were up 19.4% year on year, with the majority of this growth (18.4%) coming from an increase in selling space (23.3%).

X5 added a net 477 new stores in the second quarter of the year.

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