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

Russian Retailer Magnit Launches Payment Service App

Russian grocery retailer Magnit has launched a new payment service app, Magnit Pay, developed in association with VTB group. The Magnit Pay app allows c...

Perekrestok Introduces Sensor-Based Quality Labels For Ready-To-Eat Products

Russia's X5 Retail Group has introduced a new sensor-based quality label that detects the freshness of ready-to-eat products. The project is being execu...

Russian Retailer X5 Considers IPO For Online Business

Russia's largest food retailer X5 is discussing plans for an initial public offering (IPO) for its online business, a company official said on Th...

X5 Retail Group Sees ‘Robust Growth’ In Online Sales

'Robust growth' in online sales in the third quarter and first nine months of 2020 has helped X5 Retail Group to retain top spot in the Russian e-grocery m...

Russian Online Retailer Ozon Targets $1bn in US IPO

Russian online retailer Ozon Holdings aims to raise nearly $1 billion in a U.S. initial public offering to capitalise on an e-commerce boom in Russia due t...

Perekrestok Vprok Expands Deliveries To Tatarstan And Chuvashia

Russia’s X5 retail group has announced that online hypermarket Perekrestok Vprok has expanded its delivery service to Tatarstan and Chuvashia. The...

Russian Online Retailer Ozon's IPO To Raise About $750m: Sources

Russian online retailer Ozon plans to raise about $750 million in an initial public offering (IPO) in the United States, three financial market sources tol...

Russian Online Retailer Ozon Plans Potential $500m US IPO

Russian online retailer Ozon has filed for an initial public offering (IPO) in the United States, which financial market sources said could raise at least...