X5 Retail Group N.V., a Russian food retailer, reported first-quarter retail sales of RUR 143.90 billion; an increase of 13.9% from RUR 126.30 billion, previous year. Like for like sales improved 6.3% during the quarter.
X5 Retail Group N.V. operates several retail formats: the chain of economy class stores under the Pyaterochka brand, the supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand, Express convenience stores under various brands and the online retail channel under the E5.RU brand. At 31 March 2014, X5 had 4,618 company-operated stores.