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X5 Retail Group shows 11.7% growth of receipt

X5 Retail Group, the largest Russian food retailer, showed 11.7% growth of receipt in the third quarter of 2021, informed their press service. We are happy with the results of […]
Mon 15/11/2021 by Natalia Bammatova

X5 Retail Group, the largest Russian food retailer, showed 11.7% growth of receipt in the third quarter of 2021, informed their press service.

We are happy with the results of our discounters Pyateorochka and supermarkets Perekreston, commented Igor Shekhterman, Company’s CEO. We are going to develop the hard discounter format through 3.000 new outlets. X5 Group apply dynamically digital technologies. Besides, we have been promoting sustainability approach. We have reduced CO2 emission by 9%, 48% of private label goods are being sold in sustainable packaging and 85% of used materials are sent for recycling.

By this September 30th, the Company operated 18,648 stores in most Russian regions. Apart from offline stores, the company has been developing e-commerce and express delivery services. X5 Retail Group is one of the largest Russian employer with the staff exciding 335,000 persons. The receipt for the year 2020 amounted to 27,417 million USD.

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