22.04.2010 22 апреля 2010, 00:00 2077 просмотров

X5 Retail Group plans to deepen relationship with Express retail

Russia-based X5 Retail Group is planning to closely co-operate with the company Express Retail, in which X5 holds a 40% stake. Express Retail’s franchisee will be supplied in some product categories by X5’s distribution centres, which will lead price reductions of up to 15%. Additionally, the product assortment and store layout will be changed which will result in higher turnover. Express Retail also operates a network of franchised Perekrestok Express convenience stores. However, these stores are run in the form of hard franchising.

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Russia-based X5 Retail Group is planning to closely co-operate with the company Express Retail, in which X5 holds a 40% stake. Express Retail’s franchisee will be supplied in some product categories by X5’s distribution centres, which will lead price reductions of up to 15%. Additionally, the product assortment and store layout will be changed which will result in higher turnover. Express Retail also operates a network of franchised Perekrestok Express convenience stores. However, these stores are run in the form of hard franchising.

X5 Retail Group plans to deepen relationship with Express retailX5 RETAIL GROUP, russian retailers, retailer, retail ru
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X5 Retail Group plans to deepen relationship with Express retail
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http://www.retail.ru/news/43385/2017-05-23