Leaders Will Be Back

The Head of the Association of retail trade companies and ex-chairman of X5 Retail Group N.V. Lev Khassis believes that world retail market leaders will probably be back on the Russian market in the coming years. 2011-2013 Russia can expect the comeback of one of world’s global retail operators: Walmart, Carrefour, Tesco. Khassis thinks that one of them will definitely establish itself on the Russian market through takeover of the local player. Russian retail market gradually becomes one of the largest in Europe and can’t be ignored by global players.

Source: www.retail.ru