Voronezh, Russia, 2015-9-21 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, has launched a business forum programme, X5 Dialogue, to foster relations with Russian producers interested in cooperation with the Company's retail chains.
One of the key events of the programme was today's X5 Regional Supplier's Day in Voronezh. The programme…
MOSCOW, 2015-9-4 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, announces the signing of a memorandum of cooperation between Pyaterochka, the Company’s proximity store chain, and Railway Trading Company (“RTC”). The joint project of launching of RTC-Pyaterochkabranded retail chain is intended to open near 300 stores in Russia.
Olga Naumova and…
Moscow, Russia, 2015-8-31— /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer (LSE ticker: “FIVE”), and SAP, one of the global market leaders for enterprise application software, have signed a contract to implement a high-performance platform for the storage and processing of SAP HANA data based on the SAP HANA Enterprise Cloud…
MOSCOW, 2015-8-20— /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer (LSE ticker: “FIVE”), announces the acquisition of 104 stores owned by the Rosinka Group in the Orel, Voronezh, Lipetsk, Kursk and Tambov regions. The purchased Rosinka, Apelsin and Sberegaika stores will be rebranded under the Pyaterochka retail chain.
Nearly half of the acquired…
MOSCOW, 2015-7-30 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer (LSE ticker: “FIVE”), announces today the opening of its 6,000th store in Russia, as well as the more than doubling of the growth rate of its retail chains. It took X5 242 days to open the last 1,000 stores. The…
Orenburg, Russia, 2015-7-27 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer (LSE ticker: “FIVE”), announces the acquisition of 100 stores owned by the Soseddushka retail chain in Orenburg and the Orenburg region. This will increase X5's presence in the region almost threefold.
The total area of the stores acquired by X5 Retail Group…
Amsterdam, 2015-7-3 — /EPR Retail News/ — X5 Retail Group ("X5" or "the Company"), a leading Russian food retailer, announced today that the rating agency Moody’s Investors Service (“Moody’s”) upgraded the Company's credit rating (corporate family rating - CFR) to Ba3 from B1. The outlook on the rating is stable.
“The upgrade of X5’s ratings to…
Moscow, 2015-5-1 — /EPR Retail News/ — X5 Retail Group (‘X5’ or the ‘Company’), a leading Russian food retailer, and A&NN Investments ltd, one of biggest privately-owned investment groupings, announce the acquisition by X5 Retail Group of 100% stake in SPAR Retail, owned by A&NN Investments Ltd. SPAR Retail operates 26 stores (previously – under…
Yoshkar-Ola, 2015-4-29 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, announces the acquisition of 27 stores belonging to the Nash and Gurman retail chains in the Republics of Mari El and Chuvashia. X5 will use the purchased selling space to open new Pyaterochka stores and Perekrestok supermarkets.
Before the deal, the stores…
Moscow, 2015-4-27 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, is honoured to announce the opening of the 5000th store of the Pyaterochka national retail chain in Russia.
A ceremony to mark the opening of the store was attended by Alexei Nemeryuk, Head of the Department of Trade and Services of Moscow,…
Amsterdam, 2015-4-22 — /EPR Retail News/ — X5 Retail Group ("X5" or "the Company"), a leading Russian food retailer, announced today that the rating agency Moody’s Investors Service (“Moody’s”) upgraded the Company's credit rating (corporate family rating - CFR) to B1 from B2. The outlook on the rating is stable.
“The upgrade of X5’s ratings to B1…
Samara, 2015-4-13 — /EPR Retail News/ — X5 Retail Group (‘X5’ or the ‘Company’), a leading Russian food retailer, announced today that the Company has completed the successful integration of 103 Pokupochka stores, in the Samara Region, into the store base of Pyaterochka, the Company’s proximity store format.
X5 acquired the stores in October 2014 and the…
Amsterdam, 2015-4-13 — /EPR Retail News/ — X5 Retail Group N.V., (‘X5’ or the ‘Company’) a leading Russian food retailer (LSE ticker: ‘FIVE’), announces that the Standard and Poor’s rating agency upgraded the Company's credit rating from "В+" to "ВB-" with a stable outlook. In the report, S&P noted considerable improvements in the Company's 2014 operating…
Moscow, 2015-4-9 — /EPR Retail News/ — X5 Retail Group N.V., (‘X5’ or the ‘Company’) a leading Russian food retailer (LSE ticker: ‘FIVE’), announced today the signing of a cooperation agreement (the ‘Agreement’) between Pyaterochka, the Company’s proximity store chain, and the Moscow Regional Union of Consumer Societies (‘MSPK’). According to the Agreement, Pyaterochka and MSPK…
Moscow, 2015-3-12 — /EPR Retail News/ — X5 Retail Group N.V. (‘X5’ or the ‘Company’), a leading Russian food retailer (LSE ticker: ‘FIVE’), announced today the signing of a letter of intent (the ‘Letter’) between Pyaterochka, the Company’s proximity format, and Rostelecom.
Under the terms of the Letter, the parties will form a long-term partnership to enhance…
Kaluga, Russia, 2015-2-19 — /EPR Retail News/ — X5 Retail Group N.V. (‘X5’ or the ‘Company’), a leading Russian food retailer (LSE ticker: ‘FIVE’), and RPM Group (‘RPM’), part of Russian Railways, announced today a joint cross-industry initiative between Pyaterochka, the Company’s proximity store chain and RPM's plant in Kaluga, in the form of a social cooperation…
Amsterdam, 2015-2-9 — /EPR Retail News/ — X5 Retail Group N.V. (‘X5’ or the ‘Company’), a leading Russian food retailer (LSE ticker: ‘FIVE’), announced today that Fitch Ratings (‘Fitch’) has assigned the Company Long-term foreign and local currency Issuer Default Ratings of 'BB' and a National Long-term Rating of ‘AA-(rus)’. The Outlooks for both ratings are…
Moscow, 2014-12-3 — /EPR Retail News/ — X5 Retail Group N.V., (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announced today that the Company’s Legal Department was recognized as the best legal department in the retail category of the annual International Best Legal Department Awards (the “Awards”). Also, X5’s corporate counsel, Vlada Yavorskaya, received the…
Moscow, 2014-11-27 — /EPR Retail News/ — X5 Retail Group N.V., (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announced today the launch of Х5000 (the “Project”), the Company’s pre-New Year project organized around the opening of X5's 5,000th store. The Project will mark this symbolic milestone with a number of ceremonial store…