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21 января 2009, 00:00 3682 просмотра

X5 Retail CEO warns many Russian grocers might close down

X5 Retail Group CEO Lev Khasis has reportedly said the credit crisis might force roughly 25% of Russia's smaller grocery stores out of business. The problem is a shortage of credit. The problem of empty shelves is the problem of companies that will go bankrupt," Khasis said. "Up to [25%] of stores that are not big chains probably will not survive this year. Fortunately it's not a long-term situation. Some successors will take these stores and open again."

www.planetretail.net

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X5 Retail Group CEO Lev Khasis has reportedly said the credit crisis might force roughly 25% of Russia's smaller grocery stores out of business. The problem is a shortage of credit. The problem of empty shelves is the problem of companies that will go bankrupt," Khasis said. "Up to [25%] of stores that are not big chains probably will not survive this year. Fortunately it's not a long-term situation. Some successors will take these stores and open again."

www.planetretail.net

X5 Retail CEO warns many Russian grocers might close downX5 Retail, CEO, warns, Russian grocers, close down
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X5 Retail CEO warns many Russian grocers might close down
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https://www.retail.ru/news/35187/2017-10-17