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Retail market in Central and Eastern Europe, up-to-date news, analyses and market data.
 
 

Grocery retail in Russia: market size and leading players - December 2008

Although the share of food as a proportion of total retail turnover is declining in Russia, in absolute terms this subdivision is growing continuously. The grocery market is dominated by Russian retailers, which make use of the changing habits of customers to shape the market in an international mode, with only few foreign retailers present. According to our estimates, Russian grocery retail sales in 2007 increased in value to RUB 5.6tr ($220bn). This progress continues, and the market will exceed RUB 6.5tr ($250bn) in 2008.

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