Retail Sector Saint-Petersburg

Total Page:16

File Type:pdf, Size:1020Kb

Retail Sector Saint-Petersburg PAPER: RETAIL SECTOR SAINT-PETERSBURG Date: March 2014 Flanders Investment & Trade Saint-Petersburg Retail sector Saint-Petersburg | March 2014 ______________________________________________________________________ 1 1. RETAIL CHAINS IN SAINT-PETERSBURG For many years Saint-Petersburg has been a national leader in chain retail: the share of all chains in the total retail turnover is more than 84% which is close to standards in Western and Central Europe. Besides, many big federal chains come from Saint-Petersburg, such as: “Pyaterochka”, “Lenta”, “ОK” and “Karusel”. Saint-Petersburg has a high per capita concentration of chain shops: Hypermarkets – high concentration (11,9 shops per 1 million people) Supermarkets – low concentration (2,5 shops per 100 thousand people) Discount \ “Neighborhood” shops – highest concentration in Russia (5,5 shops per 10 thousand people). Local market leaders include: hypermarkets “ОK”, “Lenta” and “Karusel”; supermarket “Perekrestok”, discounters “Pyaterochka” and “Dixy”. Other national and international retail chains also demonstrate a high revenue growth, such as: hypermarkets “Auchan”, “Metro Cash&Carry” and “Prisma”; discount stores “Narodnaya Semya” and “Polushka”. In 2013, the total retail turnover in Russia rose only by 1,8% (in 2012 – a rise of 6,3%) and that caused an increased competition between chains, as well as consolidation of the retail market. Some small retailers closed their shops in Saint-Petersbrug. A decline in per capita income and high requirements to food quality and service create new challenges for retailers. Discounters take up these challenges by transforming their format to “neighborhood” shops; hypermarkets and supermarkets respond to them by adding fresh products and introducing shop-in-shop concept. 2. HYPERMARKETS IN SAINT-PETERSBURG The food retail market in Saint-Petersburg is characterized by high levels of market concentration and centralization. Saint-Petersburg has the highest concentration of hypermarkets among Russian cities with the population over 100 thousand people. Most of the hypermarkets belong to big national and international chains: “Auchan”, “Metro Cash&Carry”, “Prisma”, “Real”, “ОK”, “Lenta” and “Karusel”. Competition in this segment is very hard: local chain retailers (ОK, Lenta and Karusel) perform better and demonstarate higher efficiency than international retailers (Metro, Real and Auchan). Due to the highest level of hypermarket concentration in Saint-Petersburg, most of customers live close to hypermarkets and can go shopping on foot. So, hypermarkets squeeze dicounters and neighborhood stores out of the food market. In contrast to Saint-Petersburg, people in Moscow do shopping in out of city shopping areas over the weekend. 3. PREMIUM SEGMENT – DELICATESSEN SUPERMARKETS According to food market experts, a decline in per capita income will have no effect on the premium segment. On the contrary, food retailers still develop delicatessen supermarkets. The market share of the premium segment accounts for 2%. The dominant delicatessen supermarket chain in Saint-Petersburg is called «Land». In October 2013, this chain opened its 9th supermarket in Saint-Petersburg. According to their business development 2 ____________________________________________________________________________ strategy, the company will continue expansion in the city increasing the number of stores to 15 up to 2015. The second market player is «Azbuka Vkusa», a delicatessen retail chain from Moscow. It operates 4 supermarkets in Saint-Petersburg and plans to open 11 stores within 4 years. It will result in an aggressive competition on this market. Other market players include: “Globus Gourmet”, a deli supermarket operated by a chain from Moscow; “Super Babilon”, 2 supermarkets run by a local operator; “Stockmann”, a Finish supermarket; “Super Siwa”, a Finish supermarket. “Premium segment” is a very general term and is not used in Europe. According to the range of products, such supermarkets are called “Biomarkets” in Europe. As for the premium segment in Saint- Petersburg, “premium” means a good service, high-quality food and a wide range of products that includes imported products, private lable products, and bioprodcuts from farmers located in the Leningrad region. The price of products does not matter. 4. DISCOUNT / “NEIGHBORHOOD” STORES Discounters started to develop in early 1990-s (“Pyaterochka” and “Dixy”). Now the concentration of discounters is very high in some districts of the city, but some still have a lack of discounters. This format is now the main driving force in chain retail in Saint-Petersburg. There is a need for discounters on Vasilievsky Island and in Petrogradskaya area. The following discount chains are expanding very well: “Polushka’, “Narodnaya Semya”, “7 Steps”. 5. WELL-DEFINED STANDARD VS SLOTTING FEE On the one hand, chain retail is a well-defined standard that provides everything (purchasing, pricing, merchandising, customer service). On the other hand, it provides stiff requirements to other players of the food market: producers, suppliers, customers and partners. For instance, retail chains do not like to deal with small food producers because they can supply small amounts. Thus, small producers have to unite or cooperate with each other, establish their own trade firm or sell their products at a low price fixed by the chain operator. Besides, producers are often asked to pay for product marketing and promotion, return of unsold goods, etc. In general, they have to pay chains to take their products (“slotting fee”). But low purchase prices in chains do not suggest low retail prices: the price of a product in a hypermarket or supermarket is often higher than that in a discount store. Thus, chains have no interest to purchase Russian products. They tend to buy imported products which sometimes lack quality, but are cheaper. Bulk purchasing of imported products causes sometimes a sharp decline of bulk prices in a particular segment, but it has no effect on retail prices. Retail sector Saint-Petersburg | March 2014 ______________________________________________________________________ 3 Tables: Leaders of FMCG chain retail shops in St.-Petersburg and Leningrad region in 2012 Net avails Nr. Retail Chain Group / Operator 2012, Bln of RUR 1 Karusel http://karusel.ru Х5 Retail Group 78,4 Perekrestok www.perekrestok.ru www.x5.ru Petyorochka http://pyaterochka.ru 2 Lenta www.lenta.com Lenta 66,0 3 O’KEY www.okmarket.ru O’KEY Group 58,7 O’KEY Express 4 Narodnaya 7Ya www.7-ya.ru Intertorg 24,2 Idea www.7-ya.ru Spar www.spar.ru 5 Dixy http://dixy.ru Dixi Group 20,5 6 Auchan www.auchan.ru Auchan Groupe 15,7 Auchan-city 7 Polushka www.polushka.info Polushka Group 13,3 Lime http://limefresh.ru 8 Magnit http://magnit-info.ru Magnit 8,5 9 XL http://xl-retail.ru Retail Severo-Zapad 7,4 Group 10 Prisma www.prismamarket.ru S-Group 7,2 www.s-kanava.fi 11 METRO Cash & Carry www.metro-cc.ru Metro Group 4,9 Source: INFOLine (http://infoline.spb.ru) Hypermarkets in St.-Petersburg – shop count Hypermarket Shop count O’KEY www.okmarket.ru 17 Lenta www.lenta.com 16 Karusel http://karusel.ru 15 Auchan www.auchan.ru 6 Prisma www.prismamarket.ru 6 K-Ruoka www.k-ruoka.ru 4 Metrо C&C www.metro-cc.ru 3 4 ____________________________________________________________________________ Russian public retailers key data Total Sales in Capitali- Growth square Company 2013 (bln zation P/E EV/EBITDA Shops (%) (thousand of RUR) (bln USD) sq. m) Magnit 579,5 29 24,8 24,5 13,7 8093 3010 http://magnit-info.ru X5 Retail Group 532,7 9 4,6 18,8 6,9 4544 2223 www.x5.ru Dixy Group 180,5 23 1,2 17,1 5,1 1799 617 http://dixy.ru Lenta 144,3 35 5,29 26,4 10,5 87 508 www.lenta.com O’KEY Group 137,7 19 2,8 15,5 8,4 95 495 www.okmarket.ru Some other St.-Petersburg chain supermarkets # Name Website 1 Super Siwa http://www.siwa.ru 2 Gastronom 811 www.cb811.ru 3 Kir24 http://kir24.ru 4 NETTO www.netto-shops.ru 5 Real Svezhie produkty www.tdreal.spb.ru Gourmet stores (premium segment) # Name Web 1 Land http://supermarket-land.ru 2 Azbuka Vkusa http://av.ru/ 3 Globus Gourmet http://globusgurme.ru 4 Stockmann (gourmet shop) http://www.stockmann.ru/ru/st.-petersburg/delicatessen Retail sector Saint-Petersburg | March 2014 ______________________________________________________________________ 5 .
Recommended publications
  • Pyaterochka Opens New Distribution Centre in Kursk Region
    PYATEROCHKA OPENS NEW DISTRIBUTION CENTRE IN KURSK REGION Kursk, 10 June 2021 – X5 Group (“X5” or the “Company”), a leading Russian food retailer (LSE and MOEX ticker: “FIVE”), announces the expansion of its logistics infrastructure in central Russia with the opening of a Pyaterochka distribution centre (DC) in the Kursk region. With a total floor area in excess of 40,600 sq m, the Kursk DC features five storage zones (fresh products, fruit and vegetables, frozen goods, alcoholic beverages, and a dry storage facility). Each zone has a specific temperature band that is best suited to keep relevant products fresh. At full capacity, the DC will supply food products to 730 Pyaterochka stores in the Kursk, Orel, Belgorod and Bryansk regions. The logistics facility is expected to handle 3,000 tonnes of goods per day, with its seamless operation supported by nearly 550 employees and 170 vehicles. Overall, Pyaterochka has created upwards of 2,400 jobs in the Kursk region. The launch of the new DC will enable the region’s manufacturers not only to reduce their transportation costs, but also to expand the geography of their sales. When operating at full capacity, the logistics facility will be able to handle products from about 1,000 suppliers, driving up the share of local producers in the chain’s regional sales (over 80% in certain categories). Today, Pyaterochka works with 17 suppliers from the Kursk region, including Kurskmakaronprom (dry goods), Kursk Milk (dairy), and Mushroom Rainbow (fruit and vegetables). The Kursk DC will serve stores previously supplied by the Orel DC, which is due to be closed because the capacity and equipment no longer meet Pyaterochka’s needs.
    [Show full text]
  • X5 Retail Annual Report 2009 Eng.Indd
    Winning Customers Annual Report 2009 Contents Operational & Financial Highlights 3 Shareholder Information 4 Message from the Chairman of the Supervisory Board 5 Letter from the Chief Executive Officer 6 Executive Board 8 Strategic Review 9 Customer Focus 10 Operational Excellence 19 Disciplined Growth 25 2009 Financial Review 30 X5 & Society 35 Communities 35 Employees 36 Health & Safety 39 Corporate Governance & Risk Management 42 Corporate Governance Report 42 Risk Management & Internal Controls 54 Report of the Supervisory Board 65 Remuneration Report 72 2009 Financial Statements 79 Operational & Financial Highlights WINNING CUSTOMERS “2009 was a tough year for Russian consumers and the economy as a whole. X5’s response was fast and effective. We won customers by making sure we had the right products at the most attractive prices. Just as important, we kept our focus on X5’s strategy to create durable competitive advantages and capitalise on the long-term growth of the Russian market.” Lev Khasis, Chief Executive Officer X5 in 2009 In 2009 X5 outperformed the competition and delivered the highest like-for-like sales growth of any Russian retailer Nearly 1 billion Customer Visits by responding to the needs of consumers: • A record 996 million customer visits USD 8.7 billion in Net Sales to our stores in 2009 • Industry-leading like-for-like (LFL) sales growth of 10% 25% Pro-Forma Sales Growth in RUR • LFL customer traffic rose 5% – including a market-leading 10% at discounters 33% Consolidated Sales Growth in RUR • Delivered on our 2009 target of 25% pro-forma revenue growth in RUR terms X5 at 31 December 2009 Number 1 Russian Retailer 1,372 Multi-Format Stores in Russia & Ukraine 1.1 million sq.
    [Show full text]
  • Global Powers of Retailing 2019 Contents
    Global Powers of Retailing 2019 Contents Top 250 quick statistics 4 Global economic outlook 5 Top 10 highlights 8 Global Powers of Retailing Top 250 11 Geographic analysis 19 Product sector analysis 23 New entrants 27 Fastest 50 30 Study methodology and data sources 35 Endnotes 39 Contacts 41 Welcome to the 22nd edition of Global Powers of Retailing. The report identifies the 250 largest retailers around the world based on publicly available data for FY2017 (fiscal years ended through June 2018), and analyzes their performance across geographies and product sectors. It also provides a global economic outlook, looks at the 50 fastest-growing retailers, and highlights new entrants to the Top 250. Top 250 quick statistics, FY2017 Minimum retail US$4.53 US$18.1 revenue required to be trillion billion among Top 250 Aggregate Average size US$3.7 retail revenue of Top 250 of Top 250 (retail revenue) billion 5-year retail Composite 5.7% revenue growth net profit margin 5.0% Composite (CAGR from Composite year-over-year retail FY2012-201 2.3% return on assets revenue growth 3.3% Top 250 retailers with foreign 23.6% 10 operations Share of Top 250 Average number aggregate retail revenue of countries where 65.6% from foreign companies have operations retail operations Source: Deloitte Touche Tohmatsu Limited. Global Powers of Retailing 2019. Analysis of financial performance and operations for fiscal years ended through June 2018 using company annual reports, Supermarket News, Forbes America’s largest private companies and other sources. 4 Global economic outlook 5 Global Powers of Retailing 2019 | Global economic outlook The global economy is currently at a turning point.
    [Show full text]
  • Yearbook 07-08 1.Indb
    85 Finnish Yearbook of Population Research 43 (2007–2008), pp. 85–114 Economy, Ethnicity and International Migration. The Comparison of Finland, Hungary and Russia1 ANNIKA FORSANDER, Ph.D., Director of immigration affairs City of Helsinki, Finland PERTTU SALMENHAARA, L.Soc.Sc., Ph.D. Student, University of Helsinki ATTILA MELEGH, Ph.D., Senior researcher Demographic Research Instititute, Hungarian Central Statistical Offi ce ELENA KONDRATEVA, Ph.D., Researcher, Siberian Center for Applied Research in Economics, Russian Academy of Sciences Abstract The focus of this paper is to compare present migration situation, history, economy and migration regulation in an European Union country (Finland), and, an EU accessing country (Hungary) and a major non - EU country (Russia). Our material and methods base on literature survey, policy analysis and analysis of the existing statistics and legislation. The results show that even in the era of globalisation that is often claimed to erode states’ regulatory power over the fl ows of capital and people, some regulatory power still exists. Instead of developing their policies in accordance with the largely self-regulating migration process, according to our data, the countries sought to regain political control through reproducing economic, ethnic and national hierarchies. Keywords: Hungary, Russia, Finland, international migration, social structure, the economy, embeddeddness, migration policy Introduction The focus of this paper is to compare present migration situation, history, economy and migration regulation in an European Union country (Finland), and, at the time of analy- sis, an EU accessing country (Hungary) and a major non - EU country (Russia). 1 This paper is a revised version of a working paper with the same title (Melegh et al, 2004).
    [Show full text]
  • Global Powers of Retailing Top 250, FY2015
    Global Powers of Retailing 2017 | Top 250 Global Powers of Retailing Top 250, FY2015 FY2015 FY2015 Parent Parent FY2010- FY2015 FY2015 company/ company/ # 2015 Retail Retail group group Countries Retail revenue Country revenue revenue¹ net income¹ of revenue rank Company of origin (US$M) (US$M) (US$M) Dominant operational format operation CAGR² 1 Wal-Mart Stores, Inc. US 482,130 482,130 15,080 Hypermarket/Supercenter/Superstore 30 2.7% 2 Costco Wholesale Corporation US 116,199 116,199 2,409 Cash & Carry/Warehouse Club 10 8.3% 3 The Kroger Co. US 109,830 109,830 2,049 Supermarket 1 6.0% 4 Schwarz Unternehmenstreuhand KG Germany 94,448 94,448 n/a Discount Store 26 7.4% 5 Walgreens Boots Alliance, Inc. US 89,631 103,444** 4,279 Drug Store/Pharmacy 10 5.9% (formerly Walgreen Co.) 6 The Home Depot, Inc. US 88,519 88,519 7,009 Home Improvement 4 5.4% 7 Carrefour S.A. France 84,856 87,593 1,247 Hypermarket/Supercenter/Superstore 35 -3.1% 8 Aldi Einkauf GmbH & Co. oHG Germany 82,164e 82,164e n/a Discount Store 17 8.0% 9 Tesco PLC UK 81,019 82,466 535 Hypermarket/Supercenter/Superstore 10 -2.3% 10 Amazon.com, Inc. US 79,268 107,006 596 Non-Store 14 20.8% 11 Target Corporation US 73,785 73,785 3,363 Discount Department Store 1 2.3% 12 CVS Health Corporation US 72,007 153,290 5,239 Drug Store/Pharmacy 3 4.7% 13 Metro Ag Germany 68,066** 68,066** 821 Cash & Carry/Warehouse Club 31 -2.5% 14 Aeon Co., Ltd.
    [Show full text]
  • Power, Communication, and Politics in the Nordic Countries
    POWER, COMMUNICATION, AND POLITICS IN THE NORDIC COUNTRIES POWER, COMMUNICATION, POWER, COMMUNICATION, AND POLITICS IN THE NORDIC COUNTRIES The Nordic countries are stable democracies with solid infrastructures for political dia- logue and negotiations. However, both the “Nordic model” and Nordic media systems are under pressure as the conditions for political communication change – not least due to weakened political parties and the widespread use of digital communication media. In this anthology, the similarities and differences in political communication across the Nordic countries are studied. Traditional corporatist mechanisms in the Nordic countries are increasingly challenged by professionals, such as lobbyists, a development that has consequences for the processes and forms of political communication. Populist polit- ical parties have increased their media presence and political influence, whereas the news media have lost readers, viewers, listeners, and advertisers. These developments influence societal power relations and restructure the ways in which political actors • Edited by: Eli Skogerbø, Øyvind Ihlen, Nete Nørgaard Kristensen, & Lars Nord • Edited by: Eli Skogerbø, Øyvind Ihlen, Nete Nørgaard communicate about political issues. This book is a key reference for all who are interested in current trends and develop- ments in the Nordic countries. The editors, Eli Skogerbø, Øyvind Ihlen, Nete Nørgaard Kristensen, and Lars Nord, have published extensively on political communication, and the authors are all scholars based in the Nordic countries with specialist knowledge in their fields. Power, Communication, and Politics in the Nordic Nordicom is a centre for Nordic media research at the University of Gothenburg, Nordicomsupported is a bycentre the Nordic for CouncilNordic of mediaMinisters. research at the University of Gothenburg, supported by the Nordic Council of Ministers.
    [Show full text]
  • European Retail Trends Retailing in Europe and Country Profiles
    PRESENTATION FOR PLMA‘s Roundhouse Conference European Retail Trends Retailing in Europe and Country Profiles Nice, 26 February 2015 David Gray Niklas Reinecke 1planetretail.net Retail Analyst Retail Analyst Ageing Society, Single Households, Individualisation, Urbanisation, Mobilisation, Transparency in Production, Loss of Loyalty, Online Shopping, Two Nations Effect, Lifestyle, Situational Usage, Economisation, Cocooning, Smart and Hybrid Shopping, Sustainability, Technological Progress, Energy Saving, Regional Sourcing, Faster Innovation Cycles, Renovation Cycles, Rise of Independent Shopkeepers, Proximity Retailing, Energy Costs, Rising Food Prices, Direct-to-Consumer, Demand for Protection, Verticalisation, Cartel Control, Oligopolisation, Discounting, Multichannel Shopping, Event Shopping, Foodservice, Complexity! Europe from a Macro Perspective Europe from a Macro Perspective - Share of Modern Food Retail Format Sales A few markets in CEE see very high levels of modern food retail similar to Western European markets. Europe: 2014 (%) 4 Source: Planet Retail. Europe from a Macro Perspective – GDP Real Growth Economic recovery is not universal. Markets are in different stages. Europe: GDP Real Growth 2014 (%) +2.1% +1.8% Finland -0.2% Sweden Norway +1.2% +2.7% +0.2% +3.0% Estonia +1.5% Russia + % Latvia 3.6 Denmark +3.2% Lithuania +1.0.% +0.6% +3.2% Belarus Ireland Netherlands +1.4% United +1.0% +2.5% +8.9% Kingdom Poland +2.4% Belgium Germany Czech Rep +2.8% Ukraine +1,2% +1.1% Slovakia +2.4% +0.4% Austria Hungary France Switzerland Slovenia +0.7% Romania Moldova +5.0% Croatia Italy Serbia+3.4% +1.4% -1.1% Bosnia & -0.8% Herzegovina +3.2% -0.2% -0.5% Bulgaria +4.5% +1.3% +2.1% -6.5% +1.0% Macedonia Georgia Spain Albania Armenia Portugal +0.6% Azerbaijan Greece +0.7% Cyprus 5 Source: Planet Retail.
    [Show full text]
  • 15.12.2017 O`KEY Group Reaches Agreement with X5 RETAIL GROUP
    Press release 15 December 2017 O’KEY GROUP REACHES AGREEMENT WITH X5 RETAIL GROUP ON SALE OF SUPERMARKETS BUSINESS O’KEY Group S.A. (LSE: OKEY, the “Group”), one the leading food retailers, and X5 Retail Group, a leading Russian food retailer announce that they have reached an agreement for X5 to acquire the supermarkets business currently operating under the O’KEY brand. Russia’s Federal Antimonopoly Service (“FAS”) has approved the deal. All materials published by the Group are available on its website www.okeyinvestors.ru. The business being acquired consists of 32 supermarkets, including 18 in St. Petersburg, four in Moscow, two in Volgograd, and one each in the Moscow and Leningrad regions, Astrakhan, Voronezh, Lipetsk, Togliatti, Krasnodar and Novocherkassk. Under the terms of the transaction, X5 will also acquire the real estate (supermarket buildings) for 14 stores (13 in St. Petersburg and one in Moscow). All of these supermarkets are due to be integrated into the Perekrestok chain. The legal advisors for this transaction include White & Case (for X5) and Herbert Smith Freehills (for O’KEY). Miodrag Borojević, O’KEY CEO, said: “We are pleased to have reached the agreement with X5 Retail Group to sell our supermarket business. The renewed company structure based on this sale will allow us to focus on the core strategic priorities of the business – efficiency improvement at compact city hypermarkets and accelerating the expansion of our discounters.” Igor Shekhterman, X5 Retail Group CEO, said: “This transaction is fully in line with our strategy of strengthening Perekrestok’s position as the leading supermarket chain in Russia.
    [Show full text]
  • DIXY Group Investor Presentation
    DIXY Group Investor Presentation Disclaimer THESE MATERIALS DO NOT CONSTITUTE A PROSPECTUS OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF ANY OFFER TO PURCHASE OR SUBSCRIBE FOR, OR ANY OFFER TO UNDERWRITE OR OTHERWISE ACQUIRE ANY EQUITY OR OTHER SECURITIES OF THE COMPANY, NOR SHALL THEY OR ANY PART OF THEM NOR THE FACT OF THEIR DISTRIBUTION OR COMMUNICATION FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH, ANY CONTRACT, COMMITMENT OR INVESTMENT DECISION IN RELATION THERETO, NOR DOES IT CONSTITUTE A RECOMMENDATION REGARDING ANY SECURITIES OF THE COMPANY. NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, IS GIVEN AS TO THE ACCURACY OF THE INFORMATION OR OPINIONS CONTAINED IN THESEMATERIALS AND NO LIABILITY IS ACCEPTED FOR ANY SUCH INFORMATION OR OPINIONS BY THE COMPANY OR ANY OF ITS AFFILIATES, DIRECTORS, MEMBERS, OFFICERS, EMPLOYEES, AGENTS OR ADVISERS. THESE MATERIALS ARE NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES OR IN ANY OTHER JURISDICTION. THE SECURITIES OF THE COMPANY HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR PURSUANT TO AN EXEMPTION FROM (OR IN A TRANSACTION NOT SUBJECT TO) THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. THERE WILL BE NO PUBLIC OFFER OF SECURITIES OF THE COMPANY IN AUSTRALIA, CANADA OR JAPAN. THESE MATERIALS MUST NOT BE SENT, TRANSMITTED OR OTHERWISE DISTRIBUTED, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, OR JAPAN OR TO ANY SECURITIES ANALYST OR OTHER PERSON IN ANY OF THOSE JURISDICTIONS.
    [Show full text]
  • SUSTAINABILITY, SOCIAL MEDIA… and the FUTURE of RETAIL
    THE COCA-COLA RETAILING RESEARCH Councils SUSTAINABILITY, SOCIAL MEDIA… AND THE FUTURE OF RETAIL Global Retail Summit London, August 2012 The first Coca-Cola Retailing Research Council was formed in 1978 in North America to help retail customers address industry issues through organized discussion and commissioned research. Today, the Company sponsors six Councils throughout the world: North America, NACS North America, Europe, Asia, Latin America, and Eurasia & Africa. Each Council is comprised of up to 20 retail leaders and non-voting Coca-Cola system executives. Widely considered to be among the industry’s most prestigious retail think tanks, the Coca-Cola Retailing Research Councils have published more than 50 proprietary studies on issues ranging from shopper insights and new market dynamics to technology, innovation and social media. THIS PUBLIcatION IS A COLLECTION OF PAPers PRODUCED FROM PresentatIONS at GLOBAL RetaIL SUMMIT. Panel DIscUSSIONS DURIng THE SUMMIT WERE NOT RECORDED. © 2012 THE COCA-COla EXPOrt CORPOratION, UNDER THE AUSPIces OF THE COCA-COla RetaILIng ResearcH COUncIls CONTENTS FOREWORD FACING UP TO NEW REALITIES Muhtar Kent PAGE 2 SUSTAINABILITY THE CHALLENGE FOR RETAILERS HRH Prince Charles PAGE 4 WELCOME TO THE NEW NORMAL Lord Deben PAGE 8 THE QUEST FOR CHANGE Carter Roberts PAGE 12 WHY LESS HAS TO MEAN MORE Dr Jason Clay PAGE 16 SOCIAL MEDIA BACK TO THE FUTURE? James Quarles PAGE 22 BE YOURSELF… SIMPLY FLAWSOME Wendy Clark PAGE 28 IT PAYS TO TALK. BUT KEEP IT RELEVANT… AND HONEST Richard Reed PAGE 30 THE FUTURE OF RETAILING HOW TO PREPARE FOR THE ‘PERFECT STORM’ Mark Price PAGE 34 SUMMARY THE PROMISE OF SUSTAINABLE GROWTH PAGE 38 LIST OF MEMBERS PAGE 40 CCRRC Global Retail Summit RepoRt FOREWORD FACING UP TO NEW REALITIES Muhtar Kent Chairman and Chief Executive Officer The Coca-Cola Company ince 1978, the Coca-Cola Retailing This is why I am convinced that sustaina- Research Council has generated over bility and social media will forever be con- 40 extensive, proprietary studies on nected at the hip.
    [Show full text]
  • Russian Consumer Market and FMCG Retail Chains Rating Demo-Version
    INDUSTRY REVIEW Russian consumer market and FMCG retail chains rating D e m o - v e r s i o n The results 201 8 - 2019 . Retail business statistics in Russia and regions . Retail indicators in Russia . Review of retail market of Russia in 2018-2019 . Rating of FMCG retailers by stores number, selling space in 2013- 2018, net sales in 2013-2018 Industry review Russian consumer market and FMCG retail chains rating: The results 2018-2019 (Demo-version) Contents About Russian consumer market and FMCG retail chains rating ......................................................................................... 3 Rating of FMCG retail chains of Russia ................................................................................................................................... 5 TOP 200 FMCG chains performance ............................................................................................................................ 5 Rating of FMCG retail chains by number of stores ..................................................................................................... 10 Rating of FMCG retail chains by selling space ........................................................................................................... 12 Rating of FMCG retail chains by net sales.................................................................................................................. 21 Section I. Retail trends and development in Russia ..............................................................................................................
    [Show full text]
  • Effie Europe Finalists 2020
    EFFIE EUROPE FINALISTS 2020 Category Campaign title Brand Country There's nothing like a Niro Kia Motors Europe Germany Automotive For The Many, Not The Few Volkswagen AG United Kingdom Best demonstration of Integrated Santa fired all the dear Bolt Technology Ukraine Effectiveness Brand Content Ralph Lauren - The Elite Case Ralph Lauren France Make Yourself Heard Yamaha Music Europe GmbH Germany Rebuilding LEGO’s Holiday Sales The Lego Group Denmark Consumer Goods Bring on the Future: How a brand repositioning secured Kaspersky’s future in Kaspersky United Kingdom the cybersecurity category David vs. Goliath Santa fired all the dear Bolt Technology Ukraine FMCG Dove Antiperspirants: The Big Switch UNILEVER United Kingdom General healthcare From Sudocrem to super-crem Teva Pharmaceuticals United Kingdom & OTC products Government, Institutional & Choose Your Future – European Elections - European Parliament EU Parliament Belgium Recruitment Joice + Teenagers = hangout on top Vodafone Ukraine IT / Telco Santa fired all the dear Bolt Technology Ukraine How PepsiCo and Pyaterochka bet on black – and it payed off PepsiCo Russia Russia Marketing & Apartmenteka IKEA Russia Business Solutions “Ecology. We care" M.video Management Russia Smart Wi-Fi for Romania Telekom Romania Romania Positive Change Take Back Furniture IKEA Russia EFFIE EUROPE FINALISTS 2020 Europe: Environmental Good - Brands Positive Change Europe: Birds Records WWF Russia Russia Environmental Good - Non-Profit STORYTIME Telekom Romania Romania Positive Change #TimeToRead Curtea Veche Publishing Romania Europe: Social Good Making age a non-issue L'Oreal Group United Kingdom - Brands Savings Therapy VUB Bank Slovakia Livesaving pea soup Lidl Slovakia Slovakia Positive Change 40,000 Strong Help for Heroes United Kingdom Europe: Social Good Road Traffic Safety You can do it in the front.
    [Show full text]