X5 Retail Group reports net retail sales increase

X5 Retail Group has reported a 32% increase consolidated net retail sales of RUB452.5bn (£9.3bn) for 2011. Like-for-like sales rose 6%, with a 1% drop in customer traffic and a 7% increase in average basket. However, like-for-like sales growth at Pyaterochka more than halved to 5% compared with last year ...

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now