X5 Retail to decrease SKUs

In Russia, X5 Retail plans to significantly decrease the number of stock keeping units (SKU’s) in its product range, said CEO Lev Khasis. The retailer plans to reduce the number of items in its Perekrestok supermarkets from 20,000 to 10,000 and in its Pyaterochka format from 5,000 to 3,500. Khasis added that fewer items in the outlet would the lower the cost of processing goods and increase productivity

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