Russia

Green trends in Russia

Green trends in Russia

Published on Oct 22nd, 2020
© LavkaLavka

 

Ecologically friendly trends have become common for consumers of different countries; and although there is no business motivation initiated by government, Russian food retail business is beginning to move this way. Top managers of some Russian retail brand have been enthusiastically implementing new ideas of sustainability, considering that being “green” improves the company’s image and serves as an extra driver for the consumers.

The strategies of largest Russian retail chains during pandemic

The strategies of largest Russian retail chains during pandemic

Published on Oct 13th, 2020
© World Food Moscow

 

As predicted earlier, Covid-19 keeps on threatening the health of the citizens from many countries, and to those countries’ economics consequently. The managers of all the businesses speculates over the approaches to be chosen, and schemes to be adopted.

No wonder, the World Food Moscow's forum of the leaders of food retail market where top managers of the largest Russian retail brands spoke about their strategies during the spring’ upsurge of the pandemic, created large interest of the audience.

The impact of the pandemic crises, positive results too

The impact of the pandemic crises, positive results too

Published on Sep 14th, 2020
PRESS RELEASE

 

Food service sector became one of the most impacted by Covid-19 pandemic and economic depression in Russia; since March 2020, restaurants and cafes has been observing the decline of visitors’ number.

The statistics confirm the dramatic fall, especially in specific regions. Thus, the turnover of the sector decreased by 41% in Kaliningrad region, 30% in Saint Petersburg and 26% in Moscow by the end of June.

The 900th store of Perekrestok supermarket

The 900th store of Perekrestok supermarket

Published on Sep 09th, 2020
© X5 Group
PRESS RELEASE

 

The retailer Perekrestok, part of X5 Retail Group (Russia), opened its 900th supermarket. It is located in Tyumen (Ural region). The design of the store comprises the departments of ready-to-eat and ready-to-go produces; there is a zone for healthy life style merchandise. Half of the supermarkets’ area is reserved for fresh category goods. The assortment includes 17,000 SKU.

Perekrestok has recently considerably expanded its penetration into Ural Federal region; 18 supermarkets were open in June and July.

AvoBravo: an innovative project for Russian consumers

AvoBravo: an innovative project for Russian consumers

Published on Sep 02nd, 2020

“It was a risk to launch the AvoBravo project because we did not know if Russian consumers were willing to buy read-to-eat avocado. But we took the risk, and AvoBravo brand was born,” said Daria Mironenko, import manager at Eurofrut (Russia). “We started to sell ready-to-eat avocado to restaurants and to end consumers through our website, and we found out that the demand is high: customers agree to pay more when they are sure the fruit is of high quality and ripe enough to be consumed at once.” AvoBravo carefully controls oily matter before the products are shipped.

WorldFood Moscow is on!

Russian retail sector consolidates and goes online

Russian retail sector consolidates and goes online

Published on Aug 18th, 2020

The turnover of the Russian food retail industry grew by 1.4% in 2019 to reach US$223.9 billion. The sector continues to consolidate, with the share of the top ten fast-moving consumer goods (FMCG) chains in the retail food market increasing to 32.9%, led by X5 Retail Group and M&A transactions. Torgservice, which owns two popular hard discounters (Svetofor and Mayak) increased revenues by 26% and moved up to 9th place. In light of the slim profit margins, most industry observers predict continued consolidation in the retail sector.

Strawberry and politics in Russia

X5 Group reports five-fold increase in online sales

New challenges, new opportunities

New challenges, new opportunities

Published on May 04th, 2020
© Azbuka Vkusa

 

Almost all the wold currently overcomes a most complicated period caused by the rapid spread of the contagious disease. Economic recession and confinement influence negatively the sales at consumer markets. Russia was not spared of the crisis. For instance, the sales shrank by 40% in good hypermarkets, by 30% in supermarkets and by 15 % in convenience shops during two last months.

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