News for the retail & FMCG markets

  • IRG partners with Gett Delivery

    …the capital. Gett sees great potential in express-delivery services because of the significant active growth in the volume of online retail sales in Russia.  IRG has 333 stores in 36 cities in Russia, according to its website. In 2016, it recorded sales revenues of RUB 41bn (€554m). »

  • Carlo Pazolini owner declared bankrupt

    …name of the brand, and a new shoe collection was released as Pazolini. According to one of RNS’s sources, the Carlo Pazolini trademark may have been pledged to one of the creditors. In August 2016, Carlo Pazolini had more than 130 stores in Russia, according to malina.am. »

  • Ukraine grocery retailers note sales growth, changes in consumer behaviour

    …including its own Fermove. Silpo actively cooperates with local farmers in developing its own brand, Lavka Tradytsyi, with already consists of more than 284 products. Mr Tsygankov noted that people appreciate the quality of such products and the demand for them is steadily growing.  »

  • Eurocash inks deal to acquire Mila chain

    …broad offer of fresh products, and the takeover will bring the group closer to fulfilling its goal of building a nationwide network of franchise and owned supermarkets, not least by helping it fill in some geographical gaps, Eurocash CEO Jacek Owczarek explained.   »

  • Empik opens new FutureStore locations

    …also have other digital features, such as e.g. screens announcing upcoming events in Empik stores and the most interesting cultural events across Poland that are worth attending. Empik has about 240 stores, including 29 in Warsaw. Three of the seven FutureStores are in the capital. »

  • Vistula and Bytom pen merger plan

    …is subject to anti-trust clearance. The companies applied by the Office of Competition and Consumer Protection (UOKiK) for approval on 5 September. Vistula, whose brands include Vistula, Wolczanka, Deni Cler and W.Kruk, and Bytom had combined revenues of nearly PLN 750m (€175m) in 2016. »

  • Wojas closes stores as more customers shop online

    …markets, such as Romania, remains an important strategic goal, the report states. Wojas achieved a slight increase in consolidated sales revenues in the first half of 2017, of 1.2%, however the company saw its net loss deepen by 64% compared with the same period a year ago. »

  • Praktiker Polska declared bankrupt

    …that 3W DB, the operator of a nationwide network of builders’ warehouses under the same name, had made an offer to buy Praktiker Polska through so-called pre-packaged insolvency. Praktiker Polska still has potential and should survive on the market, Mr Kostrzewa told the paper. »

  • Billa Ukraina has new owners

    …real estate. This past summer, Billa announced it had confirmed the sale of a supermarket in Zaporizhia and put up for sale an additional eight stores in the country’s regions. After the sale of the stores, Billa will have 25 supermarkets in Ukraine, including 24 in Kyiv Province. »

  • H&M opens new stores in Russia in September

    …fashion collection created in conjunction with Canadian singer The Weeknd. It will include 18 items of clothing and accessories and will appear in all the brand’s stores that have a men’s department. H&M had 124 stores in Russia as of the end of May 2017. »