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Fix Price
Fix Price is a Russia-based chain of discount variety stores. The chain includes 4,162 stores in Russia, Belarus, Kazakhstan, Uzbekistan, Latvia, Georgia and Kyrgyzstan. The company was founded by Sergei Lomakin and Artem Khachatryan in 2007, founders and executives of the former Kopeyka (supermarket) chain. Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ... Group, Inc acquired a stake in the company in 2020. By the end of 2020, Fixprice had revenue of 190 billion rubles ($2.6 billion) in a year. In March 2021, Fix Price held an IPO on the London and Moscow stock exchanges. Investors were offered 21% of the authorized capital of the company (178.4 million global depositary receipts at a price of $9.75 each). The company raised about $1.7 billion. The share of each of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Variety Stores
A variety store (also five and dime (historic), pound shop, or dollar store) is a retail store that sells general merchandise, such as apparel, automotive parts, dry goods, toys, hardware, home furnishings, and a selection of groceries. It usually sells them at discounted prices, sometimes at one or several fixed price points, such as one dollar, or historically, five and ten cents. Variety stores do not include larger formats: general merchandise superstores (hypermarkets) such as Target and Walmart. Warehouse clubs like Costco, grocery stores, and department stores are also not considered variety stores. Economics Pricing and margins Some items are offered at a considerable discount over other retailers, whereas others are at the same price point. There are two ways variety stores make a profit: * Buying and selling vast amounts of goods at heavily discounted prices provides a small profit margin multiplied by the volume of sales. * Pricing many items at prices that are hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kopeyka (supermarket)
Kopeika (Копейка) was a Russian retail chain that collapsed as a result of the Great Recession. Kopeika was founded in 1998 with 38 stores. The grocer gained wider prominence when it was taken over by the ill-fated Yukos oil giant in 2002. On the latter's demise a controlling stake was sold to NIKOIL. In 2006 50% was sold on to another local chain by which time there were 267 stores and 4 distribution centers. In 2010, Kopeyka was acquired by competitor ''Pyaterochka'', part of the X5 Retail Group, for $1.65 billion. By the end of 2011, 616 Kopeyka stores had been rebranded and 44 stores had been shut down. References External linksYouTube AdvertsKopeika English website Supermarkets of Russia Retail companies established in 1998 Retail companies of Russia Convenience stores {{Russia-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goldman Sachs
Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas and Salt Lake City, and additional offices in other international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 57th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board. The company has been criticized for a lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation. While the company has appeared on the 100 Best Companies to Work For list compiled by ''Fortune'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alexander Vinokurov (businessman)
Alexander Semenovich Vinokurov (russian: Александр Семёнович Винокуров, born 12 October 1982 Moscow) is a Russian businessman. He is one of the main owners of the privately held investment company Marathon Group and largest shareholder of retailer Magnit. Vinokurov was added to the EU Sanctions List on 9 March 2022 for providing a substantial source of revenue to the government of the Russian Federation during the Russo-Ukrainian War. Early life Sasha Vinokurov was born in Moscow on 12 October 1982 to Semyon Vinokurov. Education In 2004, Vinokurov graduated with honours from the faculty of economics of the University of Cambridge. He received a BA in economics. During the period of his studies, he established the Cambridge Russian-Speaking Society, a student organisation, and was elected its president. Business In 2001, he interned at the Troika Dialog, which was under the control of Andrey Borodin with a large stake owned by Ruben Vardanya ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Интерфакс
Interfax (russian: Интерфакс) is a Russian news agency. The agency is owned by Interfax News Agency joint-stock company and is headquartered in Moscow. History As the first non-governmental channel of political and economic information about the USSR, Interfax was formed in September 1989, during Mikhail Gorbachev’s ''perestroika and glasnost'' period, by Mikhail Komissar and his colleagues from international broadcasting station 'Radio Moscow', a part of Soviet Gosteleradio system. Interfax originally used fax machines for text transmission, hence the company name.Михаил Комиссар: задача «Интерфакса» — быть номером один'. — TV-channel ' Russia-24', 9 September 2009. By 1990, Interfax had 100 subscribers and the agency quickly began to attract the attention of conservatives within the government, who attempted to shut down the agency. This saw the agency gain prominence in major western media, a position strengthe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discount Stores
A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. Types (United States) Discount stores in the United States may be classified into different types: Hypermarkets (superstores) Discount superstores such as Walmart or Target sell general merchandise in a big-box store; many have a full grocery selection and are thus hypermarkets, though that term is not generally used in North America. In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart, Zodys and TG&Y billed themselves as such. The term "discount department store" or "off-price department store" is sometimes applied to big-box discount retailers of apparel and home goods, such as Ross Dress For Less, Marshalls, TJ Maxx, and Kohls. Category killers So-called category killer stores, speciali ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
