FMCG-retailer “Magnit” has published results of its financial activity within October and 10 months in 2013. In October revenues of the retailer have increased by 26.73% — up to 48.6 billion rubles. During this period the company has earned 465.7 billion rubles. It is by 30.19% more than during the same period last year.
During October, 2013 the company opened 93 new stores. The overall amount of stores in the chain equals 7,739.
Following the results of 2013 “Magnit” plans to increase its revenues by 28-29%.
Retail
GC “Dixy” stocks status is promoted
On November 6, 2013 GC “Dixy” stocks have been added to MICEX “A” first-level list. According to Fedor Rybasov, the vice-president of GC “Dixy”, promotion of the company’s securities status indicates a high level of corporate management and reflects investors’ interest in the retail sector. “The “A” first-level list places the highest requirements for issuing companies, and, therefore, is the most reliable for investors”, – he added.
Dixy receives international recognition
Russian FMCG-retailer Dixy has been declared as «The Best European retail network» and awarded Conecta Premios during the international trade forum «Fruit Attraction» held in Madrid.
As the company says, Dixy has been implementing the direct import of vegetables and fruit since 2010. Right now, 120 companies from 23 countries are suppliers of Dixy. The share of these categories in the company’s net turnover is 13%. Bananas, apples, and tomatoes are all-seasons sales leaders in quantitative and monetary terms.
«Fruit and vegetables are strategically important products in «next to home» stores, but most of fruit and vegetables simply don’t grow in Russia due to its’ climate. That’s why we see a bigger potential in cooperating with European partners», – said Marat Magkeyev, the vice president of logistics and international communication department.
The winners of Conecta Premios among retail networks were chosen by voting of producing companies and suppliers. Grupo El Árbol (“Best quality and freshness”), Carrefour (“Innovative idea”), NaturaSí (“Stable project of ecological supermarket”) and Grupo El Corte Inglés (“Cooperation with supplier”) also became the winners this year.
Auchan develops online sales in Russia
Aresh Alamir has been appointed as a director of e-commerce sales of “Auchan Russia”. Aresh Alamir is also a marketing director and a member of the board of directors at “Auchan Russia”.
Representatives of “Auchan Russia” say that the new appointment has been created because the company pays a lot of attention to the development of e-commerce and sees this direction as an important one.
The new project will involve almost all kinds of products including food, whereas before customers could order online only furniture and garden items.
Searches at Sofiyskaya warehouses
The Main Investigations Directorate of the Investigative Committee of the Russian Federation reports that are searches conducted at the vegetable warehouse Sofiyskaya in St. Petersburg. The searches are conducted as a part of a fraud criminal case investigation.
According to investigation officers, the criminal case has been initiated over an unreasonable VAT refund by persons acting on behalf of OOO “Nika-Frukt” in 2011-2012. The VAT refund amounted to almost 80 million rubles from the federal budget of the Russian Federation.
The goal of the searches conducted at the vegetable warehouse Sofiyskaya is to discover and impound any items and documents related to the criminal case, as well as those items which are prohibited from civil circulation.
Also the police are going to check the adherence to immigration laws at the vegetable warehouse Sofiyskaya.
Representatives of the Azerbaijani diaspora, which are doing business at the warehouse Sofiyskaya, have stated that according to their information sources the city authorities are going to close the vegetable warehouse Sofiyskaya as well as the vegetable warehouse on Salova street.
IV Business Forum – FRESH FOOD RUSSIA 2013
The event will take place on November 14 and 15, 2013.
FRESH FOOD RUSSIA is an annual business forum dedicated to fresh produce and ready to serve meals in retail trade chains. It’s a unique event for the Russian retail market and it takes place in Moscow.
This year the main topics will be:
- What should be changed in your store to make sales of fresh and ultra-fresh products more efficient?
- How to profit from the growing demand and beat the competition in the market?
- Your own production: everything from new ways to organize your sales to the most attractive recipes for buyers.
There will be three event conferences:
- FRESH AND ULTRA-FRESH: new concepts, new products and efficient business processes.
- YOUR OWN READY TO SERVE MEALS PRODUCTION: new approaches to sales organization and the most popular recipes.
- BRANDED RETAIL FOR FRESH PRODUCERS: store formats and interaction with large retailers.
Also:
- Special session: negotiations with suppliers.
- Presentation of new solutions for your own production.
- Degustation of new products in the Russian market.
- Grocery retailer store tour in Moscow.
Learn more about the event here: www.b2bcg.ru
Russian retailers see Washington harvest
Produce buyers from five Russian retail chains, who came to Washington State this week to learn about the tree fruit industry, said they were impressed by the technology in orchards and packing houses, as well as by the openness of the people.
This was the first trip to the United States for the buyers, who represent four retailers in western Russia and one in the Russian Far East. They were accompanied by Ksenia Gorovaya of CrispConsulting, who represents the Washington Apple Commission and Pear Bureau Northwest in Russia.
Rebecca Lyons, export marketing manager with the Apple Commission, said such reverse trade missions are fairly rare and are usually arranged for buyers in new markets where the tree fruit industry doesn’t have many existing contacts.
Russia is an established market, but Gorovaya said what’s new is that retailers are beginning to import directly from suppliers. Traditionally, fruit has been shipped through importers and then wholesalers before reaching retailers.
“Now, they’re cutting out the middle man,” she said. However, it will be a gradual process because importers are still strong and the retail industry is not consolidated. No single retailer in Russia has more than a 5 percent market share.
Closure of Pokrovskaya benefits large retailers
After the fruit and vegetable warehouse Pokrovskaya in Biryulyovo was closed, “RBC Daily” has talked to those whose businesses are somehow influenced by what is going on in the Russian fruit and vegetable market: wholesalers, restaurant owners , suppliers, managers of still operating fruit and vegetable warehouses, etc.
It turned out that owners of small retail stores, non-chain restaurants and vegetable kiosks are those who have faced the major problems, as they were purchasing their goods directly in Biryulyovo. Right now they still can’t find an alternative source of supply for the same old price.
However, big retail market players are the winners in this situation. They have pointed out that there is an increase in demand, which is, in their opinion, due to the shift of the customers who used to purchase products in convenience stores near their homes and at the market. For example, METRO Cash & Carry say that they are observing a tendency of an increasing demand for fresh vegetables and fruits.
Russia confirms itself as a key market for Spar
Spar International strengthened its position in Russia with the signing of a license agreement with two local partners: Anix and the Semya Group. The first operates in the region of Altai, while the second is in Kaliningrad.
With these two new partnerships, the multinational totals five new distribution partners in the Russian market in the last twelve months. Apart from the two regions previously mentioned, Spar has also reached the provinces of Tyumen, Irkutsk and Tomsk this year.
Additionally, the company has confirmed that its partner, Spar Retail, which operates in the Moscow area, will invest 20 million Euro in a plan to reform and expand its 27 facilities with the aim of strengthening the Spar brand positioning in fresh food and customer service.
Spar Group sales in Russia grew by 21 % in 2012 amounting to more than 1,130 million Euro. By the end of July, the turnover of the company had grown more than 18 %. Numbers that make the Russian market one of the most important markets for the brand.
Spar, which came into Russia in 2001, currently has 13 local partners and operates over 300 stores, including supermarket, hypermarket and convenience stores.
Ukrainian retailers opened 430 grocery stores in 2012
According to a study by GT Partners Ukraine, in the previous year Ukrainian retailers opened 430 outlets, most of them (300 stores) in seven largest networks of the country:
“ATB-Market” – 156 stores
Fozzy Group – 45 stores
“Nash Krai” (“Our Land”) – 33 stores
“Eco-market” – 20 stores
Varus – 14 stores
“Rukavichka” (“Mitten”) – 13 stores
“Retail Group” – 12 stores.
“The most dynamically developing types of retail are discounters and “convenience stores”. Less supermarkets are opening, because this segment is oversupplied,” – said Igor Gouglya, General Director of GT Partners Ukraine.
By the experts’ forecast for 2013, the most attractive region for development will be Eastern Ukraine and Kiev.
Source: www.fruitnews.ru