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

Freight Forwarder Kuehne+Nagel's Profit Falls, Beats Forecast

Swiss freight forwarder Kuehne+Nagel has reported a 39% drop in quarterly operating profit but beat market expectations, aided by cost cutting measures ami...

US Wheat Farmers Face Bleak Crop Economics As Grain Oversupply Hits

Profit is growing further out of reach for US wheat farmers and many do not expect to break even in 2024 as ample global supply keeps prices around their l...

EU Provisionally Agrees Ukraine Farm Import Curbs

The European Union provisionally agreed to restrictions on Ukrainian food imports, which some EU members say have destabilised the bloc's agricul...

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.

Danone Receives Regulatory Approval To Write Down Russia Assets

French food group Danone has said that the regulatory approvals required for the disposal of its Essential Dairy and Plant-based business in Russia to Vami...

EU To Impose Tariffs On Russian Grain Imports, Sources Say

The European Union is preparing to impose tariffs on grain imports from Russia and Belarus to placate farmers and some member states, EU officials familiar...

Russian Wheat Export Prices Up For First Time Since Early January

Russian wheat export prices grew last week for the first time since early January after a long decline, analysts said.

X5 Group Rolls Out Robotic Automation Solutions In Distribution Centres

Russia's X5 Group has rolled out a series of robotics projects in its distribution centres as it seeks to optimise logistics processes, increase labour pro...