Retail in Russia: The capabilities and expectations mismatch

5/22/2017 - Report
ic_blogtagEconomic OutlookRussiaRetailSector Risk

​After -4.5% in 2016, growth resurgence and inflation cooling will support the progressive recovery of retail sales in Russia in 2017-18, that may eventually find their way back in the positive territory. 2016 witnessed the lingering struggle of Russian retailers: debt levels dramatically improved from 130% in 2016 from 258% in 2014, while the EBIT fell to 3% from 6.1% two years ago.

Food grocers and discounters benefit from the essentiality of their offer while Electronics and Independent food retailers are the first victims of the 2015-2016 recession.