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

Russia's Yandex To Rollout E-Grocery Delivery In Paris And London

Russian internet giant Yandex is set to launch its online grocery delivery in Paris in the second quarter of this year, the company said on Friday, after s...

Russia's Fix Price Sees Q1 Revenue Growth Of 29.2% After March IPO

Russian low-cost retailer Fix Price's first-quarter revenue rose 29.2% to RUB51.7 billion (€570 million), the company said, in its first financial res...

Russia's Ozon Acquires Oney Bank To Boost Financial Services

Russian e-commerce operator Ozon has announced that it has entered into a sale and purchase agreement to acquire 100% of Oney Bank LLC, boosting its financ...

Cherkizovo Group Sees Turkey Sales Up In First Quarter

Russian meat processor Cherkizovo Group has reported an 8% year-on-year increase in turkey sales volumes to 10,690 tonnes in the first quarter of its finan...

Russia Approves Formula-Based Sunflower Oil Export Tax From September

The Russian government has approved a formula-based export tax system for sunflower oil and a higher export tax for sunflower seeds, it said on W...

Beef Consumption Falls To Ten-Year Low In Russia

Beef consumption in Russia fell to 1.94 million tonnes last year, a ten-year low, due to the closure of the HoReCa channel as well as lower incomes among c...

Russia's Yandex.Lavka Expands Operations To Kazan

Russian e-grocery service Yandex.Lavka has expanded its operations to Kazan, offering consumers in the Tatarstan-based city grocery deliveries within 15 mi...

Russia's O'Key Group Sees Revenue Up 5.6% In FY 2020

Russian retailer O'Key Group has reported a 5.6% year-on-year growth in revenue to RUB174.3 billion (€1.95 billion) in its financial year 2020. The...