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March 19, 2021
X5 Group

X5 Retail Group N.V. to hold AGM on 12 May 2021

X5 Retail Group N.V. published its 2020 Annual Report, which provides an overview of the Company's financial and operating performance in 2020.

TAG: Retail Trade

March 11, 2021
X5 Group

X5 launches import hub in Novorossiysk

X5 Retail Group has launched a logistics hub in Novorossiysk to handle the Company's imports and ensure their smooth delivery to X5 distribution centres.

TAG: Retail Trade

March 10, 2021
X5 Group

X5, Sber and VISA roll out pay-with-a-glance technology at Perekrestok and Pyaterochka stores

X5 Retail Group, Sber and Visa have launched an innovative pay-with-a glance service at self-checkouts in X5 stores. Now available at 52 Perekrestok supermarkets, the service uses biometric identification based on X5's innovation lab technology and VisionLabs solutions. The new payment method is scheduled to become available at 150 Perekrestok supermarkets by the end of March, while in April several Pyaterochka proximity stores in Moscow are following suit. Visa is a strategic partner of the project.

TAG: Retail Trade

March 04, 2021
X5 Group

X5 boosts share of digital revenue in Moscow and Moscow region to 4.5%

X5 Retail Group achieved solid growth across its digital delivery services in February 2021. GMV generated by express delivery from Pyaterochka and Perekrestok stores and the Okolo delivery aggregator in February 2021 totalled RUB 2.1 billion, while the number of orders exceeded 1.3 million (not including Vprok.ru). The online hypermarket Vprok.ru, which is primarily for stock-up shopping, boasted a GMV of RUB 1.7 billion, up by 122% vs February 2020. The share of digital sales in X5's total revenue exceeded 2% during the second month of the year, and reached 4.5% in Moscow and the Moscow region during the same period.

TAG: Retail Trade