Perekrestok

X5 Retail Group continues to grow

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X5 Retail Group announced preliminary results for the first half of 2015. In January-June, retail sales increased by 27.3% compared to the same period of 2014 and amounted to 380.68 billion rubles. Sales of stores “Pyaterochka” increased by 35% up to 274.63 billion rubles, sales of stores “Perekrestok” – by 11.3% – up to 3 billion rubles, sales of stores “Karusel” – by 11.5%, tup o 37.3 billion rubles, sales of  stores “Express”-  by 17.8%, up to 5.68 billion rubles.

During 6 months, the average bill rose by 11.3% up to 373.9 rubles. The number of purchases increased by 14.3%, amounting to 1.16 billion items.

From the beginning of the year, X5 Retail Group opened 488 new stores (235 stores in the first half of the last year). In the end of June 2015, the company operated 5,971 stores (5,273 supermarkets “Pyaterochka”, 438 supermarkets “Perekrestok” and 83 hypermarkets “Karusel” and 177 stores “Express”).

www.retailer.ru

X5 Retail Group’s revenue increased by 18.6%

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In 2014, one of the largest retailers in Russia, X5 Retail Group, increased its revenue by 18.6% up to 631.93$ billion rubles. In the fourth quarter of the last year, revenue growth was 20.8%. According to the company report, in October-December X5 retail networks “Pyaterochka”, “Karusel”, “Perekrestok”, “Express” and online retailer E5.RU gained 181.23 billion rubles.

“Pyaterochka” showed the highest revenue growth, it increased by a quarter – from 348.39 billion rubles up to 435.82 billion rubles. At the same time, in chains “Perekrestok” and “Karusel” the outflow of customers traffic could be seen.

The worst was the result of online retailer E5.RU – its revenue for the year fell by more than a third, from 1.431 billion rubles to 950 million rubles. And as X5 could not find a partner for this project or sell it, they had to close it in January 2015.

In 2014, the amount of an average receipt in X5 retail chains increased by 7.7% – from 317.6 rubles to 342.2 rubles. The number of purchases increased by 10.2% – up to 2.114 billion purchases.

Earlier, the retailer “Magnit” reported that in 2014 its ruble revenues increased by 31.61% and reached the level of 762.72 billion rubles.

X5 Retail Group operates several retail chains: discounter “Pyaterochka”, supermarkets  “Perekrestok”, hypermarkets “Karusel”, stores “Express” (“Perekrestok Express” and “Kopeika”).

On December 31, 2014 there were 5,483 stores, including 4,789 stores “Pyaterochka”, 403 supermarkets “Perekrestok”, 82 hypermarkets “Karusel” and 209 stores “Express”. In 2014, the number of discounters “Pyaterochka” increased by 907 stores (+ 23.4%), the number of supermarkets “Perekrestok” has increased by 13 stores (+ 3.3%) and the number of stores “Express” – by 20 stores (10,6%). In 2014, the X5 closed 46 stores “Pyaterochka”, 22 stores “Perekrestok”, two stores “Karusel” and 45 stores “Express”, the results of which were not  as good as it had been expected. Also, the company sold 12 supermarkets “Perekrestok” in Ukraine.

www.top.rbc.ru

Perekrestok To Drastically Change Appearance

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The network of chain stores Perekrestok is getting a new look, as reported by Vedomosti, quoting Janusz Lella, the general director of the company.

Lella said, according to the publication, that the need to change the way the company appeals to consumers came about because of its low financial performance.

In the future, Perekrestok is looking at changing the use of its staff, changing its logo and revising its pricing policy.

“The supermarkets are changing their logo and color scheme, reorganizing their assortment, it will be newly organized as well as the retail space in the stores, in addition to a revised personnel policy,” he said.

During the first quarter of this year, the network reached a revenue of 28.7 billion rubles ( about $833 million ), and the group of companies reached 144 billion rubles ( about $4,18 billion ). Perekrestok’s growth performance was at 4.4 percent.

“We deliver suppliers more. The growth of the purchase amount is due to buying more goods, therefore sometimes even lowering prices gives rise to an average bill,” he said.

From January to March of this year, the average customer check at Perekrestok amounted to 433.8 rubles ( about $13 ).

www.fruitnews.info

“Spar Retail” has problems

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Victor Balashov, director of “Spar Retail” (retail chain Spar), leaves the company after eight months of work. According to the market experts, Mr. Balashov has difference in opinion with major shareholder of the chain – Alexander Mamut’s Fund A & NN Capital Management. Industry experts estimate the state of the “Spar Retail” as critical and recommend to declare bankrupt. Alexander Mamut owns 61% of  “Spar Retail” (through A & NN Capital Management Fund), Russian Retail Growth Fund owns 36%, and Dmitry Maslov, ex-CEO of the company, has 3%.

Now there are 24 Spar stores. The main idea was to create an ideal supermarket for upper middle class, supermarkets were to occupy a vacant palce between the “Perekrestok” format and premium networks “Azbuka Vkusa” and “Globus Gourmet”. But the idea failed. According to some market analysts, although the revenue of the chain is 6.3 billion rubles, «Spar Retail» does not cost more than 2 billion rubles, without considering its debts, which are about 6 billion rubles.

Source: www.retailer.ru

One more Zelenij Perekrestok supermarket

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June 28, 2013, X5 Retail Group launched a 15th supermarket “Zelenij Perekrestok” (290 square meters) in the shopping center in the multifunctional complex “Moscow”. As it was stated – range of products will be more than 3,500 items in this supermarket.

In the Moscow region there are already 13 “Zelenij Perekrestok” supermarkets, one in Rostov-on-Don and one in St. Petersburg.

Source: www.retailer.ru

X5 to launch Perekrestok Express chain in Kyiv

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The Russian grocery retailer the X5 Retail Group is planning to launch a chain of convenience stores under the Perekrestok Express brand name in Ukraine. The first two stores are due to open in Kyiv in 2013 and will test the express format in the country. One of them is expected to become operational on a 200 m2 site at the end of April 2012. In addition, the company’s own store retailer is ready to develop a franchise chain. In terms of wider development plans in the country, the company intends to focus on Kyiv and the Kyiv Province.
X5 operates in Ukraine through its subsidiary the Iks 5 Retail Group. The group has been present on the country’s retail market since 2004 and currently has just 10 stores there, in comparison with more than 3,800 in Russia.

Source: www.russiaretail.com

X5 Retail Group buys Togliatti network “Mindal” (“Almond”)

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X5 Retail Group has announced this month the possible purchase of a regional network of grocery stores “Mindal” (“Almond”).

At the moment, the negotiations with the owner of Togliatti supermarkets are held, and the transaction for 600 million rubles can be concluded as early as in spring this year.

Currently, Togliatti is already included in the coverage of X5 Retail Group: the city has several discounters already – “Pyaterochka +” and two “Perekrestok” stores.

A few months earlier the trade press published information about purchase of  “Mindal” by retailer “Okay”, and named almost the same amount of transaction, 30 million USD. But last autumn, the network refused the purchase, citing the fact that “Mindal” has got only a hypermarket store, and this segment is not a priority for “Okay”.

Source: www.fruitnews.ru

More Green Perekrestok supermarkets

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X5 Retail Group may open up to ten “Green Perekrestok” in St. Petersburg according to Valery Tarakanov, CEO of the supermarket network “Perekrestok”.

I do not see direct competitors in St. Petersburg, – Valery Tarakanov said. In Moscow, our competitors are «Azbuka Vkusa» and “Globus Gourmet”.

At first we need to test the new format in St. Petersburg, and then make specific decisions to launch other supermarkets, – Elena Gulyaeva, Operational Director of “Green Perekrestok”, said. – The test period of the store is usually six months or a year.

By the end of the year another premium network “Azbuka vkusa” is to be opened in St. Petersburg.

Trade area of first Petersburg “Green Perekrestok” is 800 square meters, 40% of products are exclusively presented in the supermarket. Also there is a bakery in the store.

Now there are 13 supermarkets “Green Perekrestok”, including one in Rostov-on-Don, the rest are situated in the Moscow region.

According to Elias Strom, CEO of premium supermarket “Land”, in St. Petersburg there are all the resources for the development of networks in the segment.

On June 30, 2012 X5 Retail Group owns 3,298 stores, including 2,783 discounters, 341 supermarkets, 77 hypermarkets and 97conveniece stores.

Source: www.retailer.ru