The M.Video-Eldorado Group published its results for the first quarter of 2019.

The e-commerce turnover in 2018 reached 1.95 trillion rubles, which is 13.4% more than a year earlier. In particular, retail grew by 14% to 1 trillion rubles.

An experimental large-format Perekrestok store was opened at the Karusel hypermarket in St. Petersburg.

There is a new tenant in the Nikolskoe Warehouse Complex: the nation-wide furniture store chain Pervyj Mebelnyj.

Alibaba’s Director of Government Relations in Russia recently compared Russian e-commerce with Chinese.

Last year, real incomes of Russians fell by 0.2%. The consumer confidence index is falling.

Twelve retailers were in the TOP-100, and we are pleased that among them are some of our tenants: M.Video (21st place); X5 Retail Group (29th place); Adidas (62nd place); Eldorado (71st place); and Petrovich (77th place). Congratulations!

On March 21, the 16th annual Retail in Russia Forum was held, bringing together more than 150 representatives from both online and offline trade. This was the third time that MLP Management company  supported this forum.