Organized retail market will emerge in Russia by 2015

Formation of organized retail market in Russia might be finished by 2015, so the Head of the Russian Union of independent retail chains. At the moment the market is dominated by hypermarkets, whose share is increasing.

In 2012 the share of hypermarkets will reach 15%. The share of hard discounters will remain at the level of 2011 and 2010. The neighborhood supermarkets will lose 5% of their share and occupy 34% of the market. Convenience stores will retain their 5%, which they have been occupying since 2010.

Experts also expect that international retail operators will build up their presence in Russia and add 1% to 9% that they have in 2011. Russian federal chains might also raise their share to 28%. Regional independent chains will keep their 34%.

Source: www.retail.ru