High inflation could be a boon for value retailers in Russia as economic drivers accelerate a shift in consumer preferences.
Retail news
X5 Group, Russia's largest food retailer, is expanding its hard discounter network and betting on continued online sales growth as it aims to boost market share.
M.Video-Eldorado Group saw its mobile platform sales double in Q3 as Russia’s largest consumer electronics retailer pursues its hybrid OneRetail strategy.
Buyk, a real-time service promising grocery delivery within 15 minutes, has launched in Manhattan with the aim to cover all five boroughs by end of 2021.
Europe’s largest retail market may see sales from "ultra-convenience" stores more than double over the next five years.
Competition between grocery delivery services is intensifying in Western capitals, with emerging markets players set to dominate as entrepreneurs bring their expertise to developed markets.
Russian e-commerce giant Ozon saw orders increase by 180% year-on-year in 2Q 2021 as it targets a third of the country’s market by 2026.
NotCo, a food tech company that makes plant-based milk and meat replacements, raised $235 million in its latest funding round and valued at $1.5 billion.
NEO talks about merging offline and online retail with Alexander Sokolovsky of M.Video-Eldorado Group.
Russia’s largest food retailer will begin accepting biometric payments in Europe's first large-scale rollout.