Russian retail chain Lenta sees its Fitch Ratings upgraded

St. Petersburg, Russia, 2016-Jul-13 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA), one of the largest retail chains in Russia, today announced that the Fitch Ratings has upgraded its Long-term foreign and local currency Issuer Default Ratings (IDRs) from ‘BB-’ to ‘BB’ and its National Long-term rating from ‘AA-(rus)’ to ‘A+(rus)’. The outlook on the […]

New Zealand: New World located in the iconic Devonport town centre gets upgraded

Change is afoot at Devonport New World, and the store’s owner-operator couldn’t be more excited. Auckland, New Zealand, 2016-Jun-27 — /EPR Retail News/ — “The most exciting thing,” John Ashton says, “is we’re getting a completely new fresh food aisle, with new bakery and new service counters for deli, seafood and meat, and a new hot […]