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Lev Khasis

X5 Retail Group appoints Kieran Balfe as CFO

X5 Retail Group NV, Russia's largest food retailer by sales, has named Kieran Balfe as CFO of X5 Group, following nomination of the supervisory board. His appointment as statutory director will be placed on the agenda of an extraordinary...

X5 to open a record 540 new stores

X5 Retail Group, Russia's largest food retailer by sales, expects gross sales to exceed RUR 500 billion (inclusive of VAT) representing top-line growth of approx. 40 per cent. "We expect this increase to be driven by organic RUR net...

X5 Retail Group Launches New Format

X5 Retail Group N.V., Russia's largest retailer in terms of sales, announces today that it has launched a new retail format operating under the brand name “Pyaterochka-Maxi.” Pyaterochka-Maxi is an economy-class hypermarket focused on sales of food and non-food...

World Retail Congress to focus on ‘post-recession’ challenges

The World Retail Congress 2010, which will take place in Berlin from October 25-27, in its opening session will focus on how retail should respond to the challenges of a 'post-recession' world, while providing context and inspiration to retailers...

X5 Retail Group’s Q2 net sales up 26 per cent

X5 Retail Group NV, Russia's largest retailer in terms of sales, has announced its retail sales and operational performance for the second quarter and first half of 2010.For the second quarter, net retail sales grew 26 per cent year-on-year...
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Japanese furniture retailer Nitori opens 1st Indian store at R City Mall, Mumbai

The inaugural ceremony at the 1.2 million sq. ft. R City Mall, which attracted 1 million monthly visitors, began...
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