Chief Executive Officer

In addition, the retailer is ready to enter the cellular market. Western Union may help you with your research. it has already received a license to create a virtual operator (MVNO, mobile virtual network operators) and signed a preliminary memorandum of mts. And finally, the company is working to create their own online portal, retail trade – Russia analogue of Amazon.com, where, according to Chief Executive Officer of X5 Retail Group Lev , you can buy “everything, from dvd to furniture. A “Carousel” and “Crossroads” are likely to perform and function points of issue purchased goods over the Internet. Will the company an additional bonus of these initiatives, time will tell. And while the X5, despite the crisis, shows good performance development – 62 sq m.

new retail space in the first half of the year. In the past year was 12 thousand less than at twice the investment. The trouble comes not a second challenge retailers – a shortage of funds for development, restructuring charges, the repayment of loans. It should be noted that before the crisis, Russian networks have developed rapidly: in 2008 only network “Dixie” has grown to hundreds of stores, – at 98, “Pyaterochek” has increased by 174, a “magnet” and completely opened 371 new point. And this development, as a rule, relied on external borrowing, which in an environment where funding levels have fallen sharply, which inevitably led to problems. Move forward in these conditions were capable of only the industry leaders. Also on the heels come serious foreign companies: the crisis felt good time for an attack on the Russian market giants such as U.S.

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