Russian Retail’s Revival
A trend in Russian retail: almost all international brands have left Russia. Even MEGA was sold. Many experts note nearly pre-Covid vacancy rates in malls. The shift from quantity to quality is striking. Products from Turkey, India, China, and Korea offer quality items, and Russian manufacturers emphasize raw material quality and product design. Products made […]
The worst thing for us is the lockdown
What does the business think about the recommendation to resume the mask mode? The World Health Organization is calling on countries to bring back personal protective equipment. WHO Director-General Tedros Adhanom Ghebreyesus said he was concerned about the increase in the incidence of COVID-19 and the number of deaths caused by sub-variants of the Omicron […]
Auchan and Metro intend to develop business in Russia
Auchan and Metro intend to develop business in Russia In March, both networks already announced that they planned to continue working in Russia, but did not talk about plans to scale the business. — We understand that now, more than ever, we must support our customers: small and medium-sized businesses, as well as our employees […]
Who will replace the departed brands?
More and more sports clubs, beauty salons, climbing walls appear in our shopping centers. The trend was spurred on by the exit from the Russian market of a number of international chains, which previously occupied huge areas in shopping centers. Shops are now the first in line for renting space in the shopping center. “The […]