Issue 2010 December 07th

This issue was created on 2010-12-07 08:17:00

  • X5 acquisition leaves foreign retailers in limboDecember 7, 2010
Some of the world’s biggest retailers have been left flat-footed in Russia after two of the company’s top grocers agreed a deal in which X5 Group will make a record-breaking acquisition. The move casts real doubts over the ability of either Carrefour or Walmart to make a viable entry into Europe’s biggest untapped market.
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