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News: retail operators

Detsky Mir opens new stores by the brand ABC

The retail chain will sell inexpensive toys for the early development of children.
Detsky Mir opens a new chain of toys stores ABC that will presents an expanded range of goods at more affordable prices, the representative of retailer said. In ABC will be sold toys, construction-set elements, educational and creative games for children from 0 to 14 years. Buyers will be able to purchase toys from well-known foreign manufacturers such as LEGO, Hasbro and Mattel, and released under their own brand name ABC. The assortment totals about 1,500 items.

New retail operator in food retail market

The founder of DIY retailer “Starik Khottabych” and the former co-owner of DIY retailer OBI Igor Sosin announced that he launches a new format of food retail with a dining area named as “Food Café”. His business partner Alexander Kolobov, the owner of the restaurant group “Chocolatnitsa" mentioned about it to “Kommersant”.

Food retail operators continue to develop their business in the Russian market

In Q1 2018, X5 Retail Group increased the growth of retail revenue by 20.2% compared to the same period last year.

The retailer Billa continues to implement the strategy of active expansion. In April 2018 it was announced that Billa is going to buy the chain of grocery stores named “Ya Lubimiy”.

Tmall enters in the Russian DIY market
The Chinese marketplace Tmall, a part of the Alibaba Group, launches trade in goods for home and repair in Russia. The service is available to buyers since April 26, writes “Kommersant”. At the first stage the assortment portfolio will include 250 names, within half a year the company plans to expand it to 4,000 names. The first partners of the company in Russia will be the brands Robert Bosch, Gardena, Makita, Metabo.
News
Net capital outflow from Russia since the beginning of the year has approached $48 billion.
The bill on a simplified procedure for issuing residence permits (residence permits) in the Russian Federation (the so-called “golden visas”) to foreign investors has been approved by the authorities concerned, and the procedure for its adoption will be launched in the near future.
Inflation in Russia in December 2020, according to preliminary data, accelerated to 0.8% and amounted to 4.9% at the end of the year.
According to experts, growth this year will be moderate, and in 2022 it will be up to 3%.
Russia's extremely conservative spending in 2021 will hamper economic recovery from the pandemic.
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Retail in Russia
Retail in Russia
Russia and China
Russia and China
The structure of expenses of the population of the Russian Federation
The structure of expenses of the population of the Russian Federation
The structure of expenses of the population of the Russian Federation
The structure of expenses of the population of the Russian Federation
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Real estate Russia
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