Organic expansion of foreign retail chains to russia proved to be difficult and costly. This page provides forecast and historical data, charts, statistics, news and updates for russian federation retail sales. Forecasts predict that the russian economy will see the same growth rate of 1. In 20, the russian retail markets turnover amounted to 23. Auchan hypermarket, auchan city, auchan garden, raduga. X5 and foodbankrus collect twice as much food in 2018. This year, brands such as fendi, valentino, bulgari have opened new stores in moscow, with bulgari announcing plans to open more stores in russia. Russian federation retail foods retail sector continues to.
Company name location year of foundation stores store format aniks. We provide our clients with customer analytics solutions that are focused on optimising the benefits from customer interactions, in both online and. Russias real gdp in 2017 showed its highest growth since before the economic crisis began, increasing by 1. Altai krai, the republic of altai, novosibirsk, novokuznetsk. Experiential retail is coming to life trend 5 planet friendly is due to arrive 16 trend 6 social currency will be more transactional 19 trend 7 from transaction to service provider 22 top 10 lessons for retailers 26 contacts 28 further publications 29 table of contents 2019 is poised to be a transformational year for retail. Rating of fmcg retailers by stores number, selling space in 2016. Auchan retail russia was named the 1st foreign company in russia by forbes magazine. Largest retailers increasing market share in russia and. Schwarz is also the fifthlargest retail company in the world based on revenue, according to the global powers of retailing 2019. Sep 03, 20 the retail sector in russia is among the strongest and most significant consumeroriented domestic sectors.
Dec 09, 2015 russian retail sales turnover in 2014 grew by 2. It presents insights on purchasing power, store turn over, retail share of private consumption, sales area and inflation. X5 retail group is a leading russian food retailer the company operates several retail formats. Russia leads the whole of europe in the sale of key consumables pharmaceuticals mobile phones broadband beer retail sales in moscow now exceed paris and london russia is expected to be the largest consumer market in europe by 2025 russians are travelling and spending a significant amount of money overseas. This page provides the latest reported value for russia retail sales mom plus previous releases, historical high. If you want to be part of russias growing ecommerce. Online retail in russia summary online retail in russia industry profile provides topline qualitative and quantitative summary information including. Who you think russians are who we think russians are. Value of total retail trade sales for the russian federation. The deck highlights themes that we will see emerge within the consumer and retail market this year. Crossborder ecommerce challenges for russia foreign retailers online sales of physical goods to russia have grown considerably over the past few years. Analysis of financial performance and operations for fiscal years ended through june 2017 using company annual reports, planet retail database and other public sources. It was the strongest annual gain in retail trade since july of 2012.
Indeed, most of my recent conversations with leaders in the retail. This study offers an overview of the most impor tant indicators for european retail in 2016. Our platform solutions come in a wide range of categories we operate the biggest equipment pool of its kind, with 120 million pallets in circulation across europe seven times more than our nearest competitor. Since then the share of retail trade taken by markets has gradually fallen. Russias retail and consumer market is likely to sustain a wave of joint ventures with foreign investors. Founded in 1995, sok group is a turkish supermarket chain with 3,500 stores and 16 distribution centres across the country. Press release russia retail market 2020 size, status and industry outlook 2026 published. Mar 30, 2020 press release russia retail market 2020 size, status and industry outlook 2026 published. The number of russian retail markets has been gradually decreasing since 2007.
The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. This suggests that rapid growth will continue to be a trend in russias online retail market. The future of grocery c 2015 t n company 3 digital is redefining the grocery shopping experience onequarter of online respondents say they order grocery products online, and more than half 55% are willing to do so in the future growth of online grocery shopping is driven in part by the maturation of the digital. If you want to be part of russias growing ecommerce market. X5 supervisory board approves sustainable development strategy. This work represents an attempt to determine the degree of concentration on the russian food retail market within the context of economic downfall, as well as the. This 2018 retail trends deck is based on presentations and discussions from the national retail federations annual big show conference.
Retail sales for russian federation from federal state statistics service rosstat for the retail trade release. This statistic presents the number of retail markets in russia from 2007 to 2019. The role of chains in the russian retail sector european. Distribution and sales channels international trade. Grocery retail sales in russia increased in 2014 as. As a result, grocery retail sales in russia increased in 2014 as measured in local currency as well, but in dollar terms, a drop in market value. The current percentage is the highest over the entire period of the survey since 2006. Russian federation retail foods retail sector continues to expand. Retail sector transformation in russia agecon search.
October 2014 summary the future of retailing in saudi arabia to 2018 is based upon an extensive, crosscountry, industry research program which brings together conluminos research, modelling, and analysis expertise in order to develop uniquely detailed market data. The future of retailing in saudi arabia to 2018 published. We hope this study will guide your strategic retail decisions, whether as an. Number of organizations in the retail trade in russia 20052018 retail share of private consumption in the nordics 20162017, by country annual growth of. Graph and download economic data for value of total retail trade sales for the russian federation slrtto02ruq189s from q1 1994 to q3 2018 about russia, retail trade, retail, and sales. Is russia still lucrative for international retailers.
This 2018 retail trends deck is based on presentations and discussions from the national retail federation s annual big show conference. In line with most western countries, supermarkets in russia have the highest share of. In the 1990s, a very large part of russian retail trade was conducted in markets. In this transition from the planned to a market economy, supermarkets emerged as important players in russia, affecting agrifood system via organizational and institutional changes including centralization of procurement from farmers and. The retail sector in russia is among the strongest and most significant consumeroriented domestic sectors.
Results of a comparative study suggest that the russian retail market in still being at the stage of a rapid development featuring a highly heterogeneous spatial. We also identified the extent of russian consumers concerns. About russia retail sales real yoy retail sales also referred to as retail trade tracks the resale of new and used goods to the general public, for personal or household consumption. Nov 23, 2018 graph and download economic data for value of total retail trade sales for the russian federation slrtto02ruq189s from q1 1994 to q3 2018 about russia, retail trade, retail, and sales. Russias agrifood industry, including processing, wholesale, and retail underwent tremendous changes since the collapse of the soviet union. Opening of about 2,072 stores is announced by the market leaders, magnit and x5 retail group. The clothing retail market in russia is estimated to have been worth rb1. Nov 30, 2014 this statistic illustrates the turnover of the russian retail market from 2007 to 2016.
Scales of international production in russian retailing at the beginning of 1990s russian retail organized market was v er y poor developed and t here was only a few large f oreign retailers in it. The annual report on retailers worldwide is produced by accounting firm deloitte touche tohmatsu ltd. Russia retail market 2020 size, status and industry outlook. The new retail world that we have been promised is here. Also, a few retailers are taking advantage of russias weak economy to score prestigious retail space at cheap prices. Introduction over the last few years, weve heard about the disruption that is coming. Volume of new shopping centres opened and vacancy rate dynamics. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. Apparel retail in russia industry profile provides topline qualitative and quantitative summary information including. Russia retail market 2020 size, status and industry.
In spain, a major manufacturer recently trialled the chep quarter pallet for six weeks with 2 skus at retail chain ahorramas. In 2012, 2014, 2016, 2017 and 2018, auchan retail russia was recognized as brand no. In the kirov oblast, their overall share of all retail sales in 2010 is now only 5%. Jun 30, 2016 fmcg is the most active segment of the russias retail market, the biggest food chains declared plans to open 2,479 stores with total area of more than 2 million m. In januaryseptember 2018, retail chains accounted for, on average, 32. The annual report on retailers worldwide is produced by accounting firm. Ecommerce market in russia is constantly growing, reaching 1 150 b rub in sales volume and 75 m online users in 2018 the number of russian consumers shopping online on a monthly basis reached 69% in 2018 ecommerce market is expected to double by 2023 what is the profile of the most active shopper online. This page provides russia retail sales yoy actual values, historical data, forecast, chart, statistics, economic calendar and news. Russian consumer market and fmcg retail chains rating demo. The deal gives amazon access to more than 450 physical pickup points and fresh. Russia retail sales mom 19952020 data 20212022 forecast. Characteristics of the retail technology development in russia. Russia through the example of retail chains operating in the market for. The bottom line is a turnaround of the 1q 2009 net losses of.
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