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How Calvey Case Affects Retail
What unites the grocery retailer VkusVill, the pizzeria Papa Jones and the online store OZON? The shareholder of all those companies is the fund BaringVostok. MarketMedia is looking into how the arrest of the fund’s founder Michael Calvey will affect their business.
Why your receipt has become shorter
Analysis of Russian trade during the first six months of this year, has shown a trend that an average purchase size in Russia has dropped at many food retail chains, including discount stores. Experts believe that retail operators fell into their own trap and became victims of excessive promotions and discounts.
LPP’s business model and how it operates
Marek Piechocki, the founder and president of LPP, does not have to take pictures to show that he lives an ordinary life. He already lives like an ordinary person! One of the richest people in Poland is riding a bicycle to work. Marek has never spoke with Russian media before. In the interview with MarketMedia, he told us how an empire that consists of almost two thousand stores, including Reserved, Cropp, Mohito and other brands, was created.