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Russia is Not about Working in a White Shirt
Maksim Levchenko, Executive Partner of Fort Group, which is one of Russia’s top five biggest owners of commercial real estate, told MarketMedia about the conquest of the Moscow market, the reasons for the exodus of foreigners from Russia and the creation of Brodsky Museum in St. Petersburg.
Auchan: Renaissance or Decline?
French supermarket chain Auchan, one of Russia’s leading retailers, is starting a major reorganization of its business. Sources of MarketMedia say that up to a third of all the chain’s supermarkets in the country may be closed and Auchan might even completely leave the Russian market. Representatives of Auchan deny such possibility.
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.
How not to build a “greedy box”
Chapman Taylor is one of the largest architectural bureaus in the world, known for designing most of the signature retail malls in Russia and the CIS. Ramchandra Khatiwada, director of the Russian business at Chapman Taylor, spoke with MarketMedia about building a retail and leisure complex, where men will not experience stress.
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.