retail

Russian retailers blunder in dark as largest market research company exits country

Nielsen, one of the largest consumer and market research companies in the world, is planning on selling its division in Russia, The Moscow Times reported on May 12.

12 May, 01:00 PM

National Cashback drives Ukrainian goods sales and consumer habits

Ukraine’s National Cashback program, active for more than two and a half years, has paid out 8 billion hryvnias ($181.5 million) to nearly 4.8 million monthly users and driven increased purchases of Ukrainian-made goods, according to a Mastercard-commissioned study released on May 1.

5 May, 02:23 PM

Another Russian clothing retailer closes 35 stores amid profit collapse

Russian clothing retailer Zolla has closed 35 stores amid a sharp drop in profit, as the country’s fashion retail sector grapples with a deepening crisis that could lead to the shutdown of up to 40% of clothing stores in 2026, The Moscow Times reported on April 8.

8 April, 08:24 PM

Russia's largest supermarket chain suffers its first net loss in 20 years

Magnit, Russia's largest retail chain by number of stores, ended 2025 with a net loss of 22.5B rubles (approximately $243 mln) across its 32,000 outlets, marking its first loss in over 20 years of existence, The Moscow Times reported on April 3.

3 April, 11:32 AM

Major Russian clothing retailer closes 62 stores after Western brands exit market

One of Russia’s largest clothing and footwear retailers is rapidly scaling back operations, closing 62 stores in 2025, 2.6 times more than a year earlier, and cutting 15% of staff, The Moscow Times reported, with further closures planned in 2026.

30 March, 07:02 PM

Russia’s online market faces crisis as Chinese sellers expand — intelligence

Russia’s online retail sector faced a crisis in 2025 as domestic entrepreneurs left major marketplaces while Chinese sellers expanded their presence, Ukraine’s Foreign Intelligence Service said on March 10.

11 March, 03:19 PM

Taxable retail revenue in Ukraine grew by 34% in 2024

Following several tax reform measures in 2024, taxable retail revenue across Ukraine grew by 34.1% from January to November, parliamentary Finance Committee Chair Danylo Hetmantsev announced on Dec. 11.

11 December 2024, 09:23 PM

retail

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