PMR Insight: Dixy is only among five major Russian grocers to see lower sales in Q1-Q3 2017

Anna Sidorowicz-Pokrywka, Retail Analyst, PMR
Of Russia’s five largest domestic grocery retailers, four companies reported growth in their sales revenues and store counts in January-September 2017. It was the same in Q1 and H1 2017. Unsurprisingly, X5 Retail Group, which managed to add the most new stores of all five players, remained the largest Russia-based grocery retailer in terms of sales and showed the fastest y-o-y sales growth. The company’s sales increased by over 26%, year on year, amounting to RUB 927.5bn (€13.4bn). Looking at its individual formats, only the Perekrestok Express network experienced a decline in…

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