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Russian Retailers Buy Warehouses as Online Shopping Grows Rapidly

  • 27 Mar 10:29

The growing market for online trade and sales of essential goods stemming from excessive demand has compelled some market participants to look for warehouse space,Kommersantwrites. Against this backdrop, their absorption rate in the Moscow Region grew by 60% in the first quarter of this year, according to the business newspaper. Konstantin Fomichenko, director of the Industrial and Warehouse Department at real estate consultancyKnight Frank, explains that the growing demand for warehouses is ensured by retailers who are actively searching for premises or logistics operators. “Networks are trying to build up stocks of goods and simultaneously lock in. Read more...

Russian retailers call for legalisation of up to 1% foreign DNA in meats

  • 24 Mar 09:56

Russia’s Association of Retail Trade Companies has appealed to the government to legalise the content of foreign DNA in meat products at a level not higher than 1%, according to a spokesperson from. Read more...