Smart Intelligence for Grocery Retail in Europe

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Russia : Diversification Promises Added Growth

Growth dynamics for discounting minimarkets in Russia are decreasing. As a result, formats with higher space productivity, such as liquor stores and drugstores are expected to become the focus of expansion.
Topics: Krasnoe&Beloe Magnit Lenta X5 Retail Group Dixy Group

Europe: X5 Claims its Place at the Top

There is a new rising star on Europe’s retail horizon. Russian X5 Retail Group, pushing its proximity discount banner Pyaterochka beyond the Urals, will claim its place among the long-standing top 10 grocers by 2022.
Topics: Magnit Lenta Auchan X5 Retail Group Dixy Group

Dixy Group Prepares for Delisting

Dixy Group announced that it will file an application to delist the company’s shares from the Moscow Stock Exchange. In an extraordinary shareholders’ meeting 80.5% of votes were cast in favour of buying back all company shares.
Topics: Magnit X5 Retail Group Dixy Group

Dixy Group Closes Stores

Russian multi-format retailer Dixy Group is consolidating its store network. The retailer has closed almost 100 stores during the first half of 2017 and has decreased its new store opening plans from 180 to around 50-60 for this year.
Topics: Dixy Group

Russia Special #1: Further Market Concentration

This week, LZ Retailytics takes you to Russia. Each day, we will be exploring the different banners which shape the Russian retail landscape. Today we look into the dynamics of the market. By 2021, the six largest Russian grocery retailers will near half of organised trade.
Topics: Magnit Lenta Auchan X5 Retail Group Dixy Group