date:Jan 23, 2014
Russian food retailer O'Key predicted on Wednesday that its 2014 revenue growth would not exceed last year's, adding to evidence of flagging consumer confidence.
Rival Magnit said earlier that its sales growth slowed in December as customers chose to buy cheaper products, while electronics chain M.video saw a weaker performance at regional stores.
There was no pick-up in the number of items per basket, the number was decreasing, Maksim Kravtsov, O'Key's Head of Investor Relations, said about t