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Dixi to reduce 2009 investment plans

Russian retailer Dixi plans to revise its investment plan for 2009, Group Vice President Ilya Yakubson has reported. Dixi has earmarked RUB2.7 billion (USD96 million) for around 100 store openings and for developing its logistics facilities. Dixi is also considering expansion through M&A, he added.

www.planetretail.net

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