X5 retail group opens upmarket supermarket

Russia-based X5 Retail Group has opened its first upmarket supermarket, Green Perekrestok, in Moscow. Located in the south of Moscow, the store offers around 12,000 product lines. In 2009, X5 plans to open two or three Green Perekrestok supermarkets. However, it is not a major focus, X5 CEO Leo Khasis said.