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Tag: Igor Shekhterman

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Business Financial Management Retail Retailer

X5 Retail announces net retail sales and operational results for the Q4 and full year 2017

Amsterdam, 2018-Jan-23 — /EPR Retail News/ — X5 Retail Group N.V. ("X5" or the "Company"), a leading Russian food retailer (LSE ticker: "FIVE"), today announces preliminary consolidated net retail sales and operational results for the fourth quarter (Q4) and full year (FY) ended 31 December 2017(1). X5 Chief Executive Officer Igor Shekhterman said: "X5 delivered strong growth in 2017…
January 23, 20180Comments

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Business Convenience Stores Management Retail Retailer

X5 to divest small-format convenience stores operating under the Perekrestok Express brand in Moscow

Moscow, 2017-Oct-17 — /EPR Retail News/ — X5 Retail Group ("X5" or "the Company"), a leading Russian food retailer (LSE: FIVE), plans to concentrate on its three major formats: Pyaterochka proximity stores, Perekrestok supermarkets and Karusel hypermarkets. The Company's small-format convenience stores operating under the Perekrestok Express brand in Moscow will be put on sale. X5 has selected Renaissance…
October 16, 20170Comments

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Business Food & Beverage Management Retail Retailer

X5 Retail Group appoints Svetlana Demyashkevich as Chief Financial Officer

Moscow, 2017-Jun-26 — /EPR Retail News/ — X5 Retail Group N.V. ("X5" or "the Company"), a leading Russian food retailer (LSE ticker: "FIVE"), announces that Svetlana Demyashkevich has been appointed as Chief Financial Officer effective from 29 June 2017. Dmitry Gimmelberg has decided to leave the Company, but will temporarily stay on as Advisor to…
June 26, 20170Comments

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Business Food & Beverage Management Retail Retailer

X5 partners with Acmero Capital and Marathon Group to develop universal retail centres at passenger transport hubs

Moscow, 2017-Jun-08 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, has made a trilateral partnership agreement with Acmero Capital, a private equity fund, and Marathon Group, an investment company, to develop state-of-the-art universal retail centres at passenger transport hubs (Passenger Service Centres, or PSCs). The agreement was signed by X5 CEO…
June 8, 20170Comments

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Business Grocery Management Retail Retail Solutions Retailer Supply Chain

X5 Retail Group and Internet Initiatives Development Fund announce retail partnership programme

Moscow, 2017-Feb-03 — /EPR Retail News/ — X5 Retail Group N.V. ("X5" or the "Company"), a leading Russian food retailer (LSE ticker: "FIVE"), today ( 2 February 2017) announces a strategic retail partnership programme with the Internet Initiatives Development Fund (IIDF) to test early-stage innovative projects and implement the best solutions in its business processes. Under the partnership, the IIDF…
February 3, 20170Comments

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Business Healthcare Management Retail Retailer

SIA International Ltd. to open 3,300 A-MEGA discounter and DA ZDOROV pharmacies in X5 stores by the end of 2020

Moscow, 2016-Sep-24 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, announces it has entered into a 10-year partnership agreement with SIA International Ltd., a major pharmaceutical distributor. The agreement gives priority rights for opening pharmacies in X5 stores at market sublease rates. The project aims to open at least 3,300 pharmacies…
September 23, 20160Comments

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Business Financial Management Retail Retailer

X5 Retail Group N.V. announces preliminary consolidated Q4 and FY net retail sales and operational results ended 31 December 2015

FY 2015 Highlights X5 delivered total net retail sales growth of 27.3% year-on-year (y-o-y), the Company’s fastest pace of growth since 2011. Net retail sales growth of RUB 172.2 bln was the highest in X5’s history. Net retail sales growth was driven by a 13.7% increase in like-for-like (LFL) sales and a 13.6% sales growth contribution…
January 26, 20160Comments

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Business Management Retail Retailer

Leading Russian food retailer X5 Retail Group announces the opening of its 7,000th store in Russia

Krasnodar, RUSSIA, 2015-12-17 — /EPR Retail News/ — X5 Retail Group (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces the opening of its 7,000th store in Russia and a more than 1.5x year-on-year increase in the expansion rate of its retail chains. Since the beginning of the year, X5 has opened more…
December 17, 20150Comments

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Business Convenience Stores Management Retail Retailer

Igor Shekhterman to succeed Stephan DuCharme as CEO X5 Retail Group N.V.

Amsterdam, 2015-9-11 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), today announced that Stephan DuCharme has decided to step down as CEO of X5 having successfully completed X5’s turnaround. He will return to the Company’s Supervisory Board (the “Board”) as its Chairman,…
September 11, 20150Comments

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