Russian food retailer X5 Retail reports third quarter financial results
date:Nov 14, 2013
o improvements in the commercial margin resulting from improved conditions from suppliers, which was partially offset by higher logistics and shrinkage expenses.

X5 Retail Group operates multi-format stores including discount stores, supermarkets and hypermarkets.

The product portfolio includes national and private brands of food, alcohol and non-food items. It primarily operates through three store formats: soft discounters, supermarkets and hypermarkets.

The company operates stores under fi
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