date:Feb 28, 2013
l only controls less than 10% of Russia's organised retail but it's rolling out new stores as fast as it can. In 2010 it opened 300 new stores; this year it plans 800-1,000 new stores, as well as 60 new hypermarkets.
Almost all chains did well though. X5 and Dixy also enjoyed good results, reporting rises in profit and revenue of around 20%.
The success is not limited to Russian companies, French chain, Auchan, for example, is also doing well in the country, with plans to roll out another 10