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X5 Retail Group

X5 Retail Group Q2 Net Retail Sales Rise

Russian retailer X5 Retail Group NV (FIVE.L: News ) Friday reported a 41 percent increase in second-quarter net retail sales in Russian ruble terms, helped mainly by the acquisition of Kopeyka stores and due to the strong performance at...

X5 Retail like-for-like sales rise

Russia retailer X5 Retail Group's Like-For-Like (LFL) sales rose 12 per cent in rouble terms in the first quarter. Consolidated net retail sales increased 48 per cent year-on-year in rouble terms to RUB111,989m and 51 per cent in US...

X5 Retail appoints new CEO of IT Business

X5 Retail Group NV, Russia's largest retailer in terms of revenue, has announced the appointment of Kirill Grodinsky as CEO of IT Business company.IT Business, a dedicated X5 group company for e-commerce, currently operates through www.bolero.ru and www.003.ru online...

X5 Retail Group appoints Kieran Balfe as CFO

X5 Retail Group NV, Russia's largest food retailer by sales, has named Kieran Balfe as CFO of X5 Group, following nomination of the supervisory board. His appointment as statutory director will be placed on the agenda of an extraordinary...

X5 to open a record 540 new stores

X5 Retail Group, Russia's largest food retailer by sales, expects gross sales to exceed RUR 500 billion (inclusive of VAT) representing top-line growth of approx. 40 per cent. "We expect this increase to be driven by organic RUR net...

X5 Retail to acquire Kopeyka discounter chain

X5 Retail Group, Russia's largest retailer in terms of sales, has signed an agreement to acquire discounter chain Kopeyka for RUB 51.5 billion, including assumption of debt.Kopeyka, the third largest soft discounter in the Russian food retail market in...

X5 Retail Group Launches New Format

X5 Retail Group N.V., Russia's largest retailer in terms of sales, announces today that it has launched a new retail format operating under the brand name “Pyaterochka-Maxi.” Pyaterochka-Maxi is an economy-class hypermarket focused on sales of food and non-food...

World Retail Congress to focus on ‘post-recession’ challenges

The World Retail Congress 2010, which will take place in Berlin from October 25-27, in its opening session will focus on how retail should respond to the challenges of a 'post-recession' world, while providing context and inspiration to retailers...

X5 Retail Group’s Q2 net sales up 26 per cent

X5 Retail Group NV, Russia's largest retailer in terms of sales, has announced its retail sales and operational performance for the second quarter and first half of 2010.For the second quarter, net retail sales grew 26 per cent year-on-year...

X5 wins Consumer Rights 2010 Annual Award

X5 Retail Group NV, Russia’s largest retailer in terms of sales, has won the Consumer Rights 2010 Annual Award in the Private Label category. X5’s quality control system for private label goods was named the best.The Consumer Rights Award...
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