X5 Retail Group, Russia's largest retailer by sales, reported an 8.3% rise in net sales for fiscal 2012, driven by higher revenues at the group's discount formats. The company said net sales for the year grew to RUB490.09bn (US$16.2bn) in ...
Tags: X5 Retail Group, net sales, discount format
The CEO of Russian retailer X5 Retail Group Andrei Gusev has quit after just one year in the role. Gusev's departure is effective immediately, X5 said today (13 July), but he will remain with Russia's largest retailer by sales in an ...
Tags: X5 Retail, Andrei Gusev, departure, Gusev, resignation