Russian Retail Still Segmented

Agency INFOLine has published a Top-50 Russian retail chain ranking. According to the research, in 2009 the total sales of the 50 biggest retailers grew 8% and reached 1,878 billion rubles, which allowed them to occupy just 12,8% of the Russian retail market.  Market remains quite segmented.  The X5 Retail Group is on top of the list with its USD 8,6 billion capitalization. Significant growth was also shown by discounters Magnit and Kopeika.

Source: www.sostav.ru