Anna Sidorowicz-Pokrywka, Retail Analyst, PMR
The share of retail chains as a proportion of Russia’s total retail trade turnover has been growing steadily in recent years due to the fact that the country’s retail market is still young and fragmented. Therefore, between 2009 and 2017, the chains’ share rose by 14.8 p.p.
In 2017 retail chains accounted for 29.9% of total retail sales in Russia, according to data provided by the Russian Federal Statistics Service (Rosstat). By way of comparison, in 2016 the figure stood at 27.4%. The share of chains in retail sales of food, beverages and tobacco products is higher…
PMR Insight: Chains generated nearly 30% of Russian retail sales in 2017
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