Pyaterochka chain has reduced the range of goods by 15% compared to beginning of the year. Now company is looking for suppliers, including Turkey, India, Iran, said the general director of the chain Vladislav Kurbatov. However, logistics from these countries, according to him, is quite expensive, and the company is exploring the best options so that the pric...

X5 Group will open 170 new stores in Perm Krai in two years, said regional governor Dmitry Makhonin in his Telegram channel following a meeting with the company's management at Eastern Economic Forum. In addition, the share of products from the Perm Region in the chain's store shelves will increase to 25%. It is also planned to work separately on the appeara...

At beginning of spring X5 Group put development program on pause due to uncertainty in market. Now, after normalizing the pace of store openings, company plans to add 1,800 new outlets in 2022, which is within the original forecast. Company also expects EBITDA margin in 2022 at previously announced level of 7%. X5 Group has fully adapted to current market co...

X5 Group has signed a cooperation agreement with the Far East and Arctic Development Corporation to launch the company's operations in the Far East. Parties agreed to combine their efforts to develop food market and define a list of measures necessary for X5 Group to enter region, including need for infrastructure. Investments in creation of distribution cen...