10 Russian retail trends
Alexey GorshkovG2 Russia
The Russian retail sector is evolving from a patchwork of Soviet-era formats to modern chains with double-digit sales growth, says Alexey Gorshkov of G2 Russia
The Russian retail scene is a patchwork of different formats. There are some surviving Soviet-type formats, government owned outlets that provide for basic needs at an affordable price, making up 2% share of retail turnover.
There are also remnants from the chaotic post-Soviet period of open markets, kiosks and street stalls selling virtually everything from basic food to luxury goods without any clear focus. The...