X5 Retail Groupadded around 1,245 new partners to its network of suppliers in Russia in 2019, the company said last week, according toDairy News. The retail giant aims to build long-term and mutually beneficial relationships with local producers through these partnerships. The move will help the company to expand its assortment of locally sourced goods in every region, and allow local producers to expand their businesses and access bigger markets. The company added new suppliers from 71 regions across eight federal districts in the country last year. The Central Federal District saw the highest number of new additions with 449 new partners registering. Read more...
Magnit, Russia’s second-largest retailer, has started testing a delivery service from its stores in the southern city of Krasnodar, the company said on Thursday, according toRBC. Deliveries will be handled by local companyBroniboy, the report said. The company is currently testing delivery from five largest stores, with about 10,000 items available on its mobile application. Magnit’s largest competitor and market leader,X5 Retail Group, outsources delivery services for stores of its formats Perekrestok and Karusel, while Perekrestok also operates its own online store with in-house delivery. The main format Pyaterochka cooperates withDostavka.Market, in test. Read more...
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