Russian grocery retail concentrates

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18 January 2018 à 15h30

Updated on 10 May 2019 à 17h23

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1 minute

Publication: 18 January 2018 à 15h30, Updated on 10 May 2019 à 17h23

Reading time: 1 minute

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Publication

18 January 2018 à 15h30

Updated on 10 May 2019 à 17h23

Reading time

1 minute

Publication: 18 January 2018 à 15h30, Updated on 10 May 2019 à 17h23

Reading time: 1 minute

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In mid-December 2017, Russia’s 2nd largest retailer X5 Group (sales of US$15.9 billion in the 9 months to September 2017 via 11,326 stores) signed an agreement to take over the supermarket business of its O’Key rival, including 32 supermarkets. The deal also includes the property of 14 supermarkets. Okey will remain focused on the discount business (under the Da! brand) in Russia. X5 Group is the 2nd largest retailer after Magnit. To avoid an often complex and costly supply chain, A

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