The board of Russia's X5 Retail Group has nominated interim CEO Stephan DuCharme to take the post permanently, as new figures show that store openings lifted the firm's sales in 2012. DuCharme, who's appointment is still subject to ...
Tags: X5 Retail Group, Russia, CEO, Stephan DuCharme
Russian retailer X5 Retail Group has reported a fall in half-year sales, although there are signs its performance could be improving. In the six months to the end of June, like-for-like sales dropped 2.5%. However, the decline in ...
Tags: X5 Retail, half-year sales, fall, like-for-like sales
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
Jan Fuchs has become the latest senior executive to leave Russian retailer X5 Retail Group. Fuchs, the head of X5's hypermarket operations, had "decided to leave the company", X5 said in a statement yesterday evening (28 August). The ...
Tags: Jan Fuchs, senior executive, X5 Retail Group
UK dairy farmers this week gathered at a summit in London to air their views on recent cuts in prices to liquid milk and the implications of the cuts. In the US, PepsiCo and Müller made the much-anticipated launch of their yoghurt ...
Tags: dairy, liquid milk, yoghurt, PepsiCo, dairy farmers