date:Dec 19, 2013
Russian food retailer Dixy Group has reported a slowdown in sales growth in November, as it reduced opening hours at its stores while competition increased.
The country's food retail chains have expanded rapidly over the past few years and are now facing increased competition for customers who often have a choice of three or four supermarkets in a single street.
Dixy, the third-biggest domestic grocery chain in Russia by sales behind Magnit and X5, said on Wednesday it had reduced working hour