Capital: Moscow | Area: 17.1 mio km² | Population (2021): 145.6 mio | GDP (2021): € 1 501 bn
Control of Leroy Merlin is relinquished
Adeo withdraws from Russia
The French Adeo Group is withdrawing from Russia and handing over control of the DIY chain Leroy Merlin to the management in the country. This is to preserve the jobs of the 45,000 employees, the company says. This …
Russian newspaper Vedomosti
Denial of media report about Obi deal in Russia
The Austrian real estate company Supernova has denied a report in the Russian newspaper Vedomosti that one of its representatives …
Production also to be sold
Ikea continues to scale down business in Russia and Belarus
Ikea continues to scale down its activities in Russia and Belarus. On 3 March, the Swedish group had already announced …
Cooperation with Sbermarket
Obi now offers home delivery service in Moscow
Obi is testing a home delivery service in Moscow. To achieve this, Obi is working together with Sbermarket, a Russian online service …
Eastern Europe - Russia
Lots of movement on the Russian market
The overall volume of the home improvement market in Russia might not have improved in the pandemic year of 2020, but several DIY store …
Eastern Europe - Russia
The Saint Petersburg ecosystem
Petrovich, the number two on the Russian market for three years, has grown most recently by more than 20 per cent. But what is more important: more t…
Online up 73 per cent
Petrovich has the largest growth rate in Russia at 23 per cent
The Russian DIY and building materials chain Petrovich has increased its net sales in the year 2020 by 23.07 per cent…
Experience of non-food speciality retailing
Leading Russian supermarket operator Magnit aims to enter the DIY market
Russia's biggest supermarket chain Magnit is preparing to enter the DIY market. Established in 1994, the …
Russia
Maxidom opens tenth store in St. Petersburg
The Russian home improvement chain Maxidom has opened its tenth store in St. Petersburg. Occupying a retail area of 9 300 m², the new …
Number 7 buys number 5
Maxidom takes over Castorama Russia from Kingfisher
Kingfisher has sold Castorama Russia to Maxidom. The British company is getting around RUB 7.4 bn (GBP 74 mio or EUR 81 mio) for…
Fewer hypermarkets
Trend towards smaller stores even in Russia
A trend is developing in the Russian home improvement sector towards smaller stores located close to residential areas or in retail …
Online share of 47 per cent
Petrovich sales up 22 per cent in 2019
Petrovich, the number two in the Russian home improvement retail segment, achieved growth of 22 per cent in 2019 compared with the previous …
Getting creative in the crisis
Russian DIY retailers opt for distance selling
Home improvement chains in Russia are attempting to switch their customers increasingly to low-contact or contactless advice and …
Increasing online sales
Home improvement stores still open in Russia
Russia has also succumbed to the coronavirus pandemic. The government has now closed the borders to foreigners until 1 May 2020 for the…
Maxidom and Petrovich
What Russian home improvement companies are reporting
Reports have reached us from Maxidom and Petrovich regarding the current situation among DIY store operators in Russia. Both …
Russian rankings
Petrovich and Saturn climb above Obi and Castorama
Russian retailer Petrovich has displaced Obi from the number two slot in the sales rankings of DIY store operators in Russia. …
Leroy Merlin
Uniform and digital
When it comes to shopfitting, interior planning and assortment optimisation, Leroy Merlin relies on a universal software. The pilot is now starting in Russia
Russia
Small formats in a giant country
In Russia, conditions are getting tougher and growth rates lower. Here too, DIY store operators are looking at smaller towns and formats
Leroy Merlin and Petrovich
Small-format showroom concepts now also in Russia
Some retailers are now developing small-format showroom concepts for the Russian market. Market leader Leroy Merlin has been …
Distribution
The Russian market finds its way back to growth
The Russian DIY market rose last year by 1.8 per cent to a volume of RUB 1 400 bn (around EUR 20 bn). The industry was used to high …
Leroy Merlin
Global roll-out
Groupe Adeo digitalises its retail management. Leroy Merlin made the start in Russia, now it continues
Kesko withdraws
12 of 14 K-rauta stores in Russia are sold to Leroy Merlin
Kesko sells its Russian DIY stores to Leroy Merlin. After the Finnish group reported sales negotiations last week, it has…
Withdrawal
Kesko wants to sell its Russian stores to Leroy Merlin
The Finnish Kesko group wants to relinquish its DIY store activities in Russia and is negotiating with the French chain Leroy…
Russia, Brexit and more
Shifts in the international market for flowers and plants
Shifts are emerging in the international market for flowers and plants. That is according to an evaluation of the market …
Kingfisher Group
Castorama Russia closes store in Ufa
At the end of this quarter, Castorama Russia will close its store in the city of Ufa. Employees of the store, which has been operating for …
Market for plants and flowers
Plants and politics
The market for plants and flowers in the EU is largely stable, but Brexit and Russia are issues giving rise to some concern
Even in crisis year 2016
250 000 m² of new DIY retail space in Russia
In spite of the downturn in the sector, countless new DIY stores continue to spring up in Russia. According to the market research …
Russia
Metrika sells more stores in Saint Petersburg
Metrika, only recently one of the market leaders in Russia, has to close its DIY stores in Saint Petersburg. Seven branches in the n…
Financial year 2016
Russia has seriously affected Obi’s sales
With 46 440 employees Obi, market leader in the German DIY trade, made net sales of € 5.57 bn last year. This is a drop of 0.7 per cent …
Groupe Adeo
Leroy Merlin wants to enter White Russia in two years
The French chain of DIY stores Leroy Merlin (Groupe Adeo) wants to enter White Russia. Market entry is planned for 2018. This …
Russia
The crisis and who gains from it
The Russian DIY market is currently characterised by downturns. However, this development isn't the same everywhere. It's not just the big players …
Russia
Stagflation batters home and garden retailers
Double-digit inflation combined with a deep recession has made 2015 a year to forget for home and garden specialist retailers in Russi…
Russia - Kräss GlasCon
System garden centre
The German greenhouse manufacturer Kräss GlasCon has been operating in Russia for several years. For one customer, Astra in Tyumen, it constructed a garden …
DIY and household
Massive growth for online business in Russia
While the Russian DIY retail sector is generally fighting decreases, the online business with DIY products is experiencing massive …
Euromonitor International
Russian DIY market has shrunk this year
After years of high growth rates, in double figures in some cases, the Russian DIY market has shrunk this year quite considerably. The …
Russia
Lingering uncertainty
The Russian economy is feeling the weight of sanctions. Is that true of the DIY trade too?
Russia
Less growth
But it’s getting more concentrated. The Russian DIY market is characterised by significant consolidation trends. A review
CEE region
Demand-side factors mainly positive
The value of the DIY market in the CEE region increased by 1.8 per cent in 2013. While growth experienced a slowdown in Russia and Ukraine, it …