X5 RETAIL GROUP IS THE 11TH WORLD RETAILER BY GROWTH RATES
The largest retail company in Russia, X5 Retail Group, has become the 11th largest retailer in the world in terms of growth, RBC reports citing data from the Deloitte global rating.
PETROVICH REACHED $1 BILLION IN REVENUE IN 2019
Experts believe that Petrovich’s growth rate is the best among DIY market leaders.
X5 RETAIL GROUP PUBLISHED OPERATING RESULTS FOR 2019
X5 Retail Group's net retail revenue in 2019 increased by 13.3%, to 1.727 trillion rubles.
Ozon will transform into a logistics platform
The company Ozon decided to change its working model with its partners. In 2020, the company will begin to operate on the principle of a logistics platform.
Wildberries’ turnover at the end of 2019 increased by 88%
67% of the company's turnover came from clothing, shoes, and accessories
Delovye Linii Owner Gives Up 90% of His Share to Relatives
This happened because of a lawsuit in which ex-A1 president Mikhail Khabarov wanted to become a co-owner of the transport company.
WILDBERRIES BEGINS SALES IN THE EUROPEAN UNION
Russia's largest online retailer, Wildberries, began selling in the European Union, RBC reports.
SPORTMASTER BOUGHT DANISH SPORT RETAILER
The major Russian retailer Sportmaster bought Danish sporting goods company Sport Nordic Holding ApS, Interfax reports.