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Fix Price
Fix Price is a Russia-based chain of discount variety stores. At the end of 2022, the chain of stores consisted of 5,663 stores in Russia, Belarus, Kazakhstan, Uzbekistan, Latvia, Georgia, Kyrgyzstan, Mongolia and Armenia. As of October 2023, the company has 6,141 stores. History The company was founded in 2007 by Sergei Lomakin and Artem Khachatryan, founders and executives of the former Kopeyka supermarket chain. The trading strategy, brand and design of the Fix Price chain of stores were developed by the British consulting company Campbell Rigg. The first Fix Price store was opened in December 2007. During 2008, the first 60 Fix Price stores were opened. In 2014, the chain consisted of 1,543 stores. As of September 2015, the network already included 1,930 stores. In 2016, the Fix Price network included 2,097 stores, of which about 400 were franchised. In 2016, the first chain stores were opened in Georgia and Kazakhstan. As of February 2018, the network consisted of 2,51 ...
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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, auto parts, dry goods, toys, household hardware, hardware, furniture, 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, as a category, are different from general merchandise superstores, hypermarkets (such as those operated by Target Corporation, Target and Walmart), warehouse clubs (such as Costco), grocery stores, or department stores. Dollar stores that sell food have been alleged to create Food desert, food deserts: areas with limited access to affordable and healthy food. This is alleged to occur when dollar stores outcompete local businesses, and soon become some of the only grocery store–like businesses available in some areas. Economics Pricing and margins Some items are offered at ...
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Kopeyka (supermarket)
Kopeika () 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. Operation At the end of the 1st quarter of 2012, the updated Kopeyka minimarket network included 4 stores located in Moscow and the Moscow region. As of January 2011, the network included 624 stores operating in the discounter format, located in 25 regions of the Russian Federation. Some of these stores operated under franchise conditions. A feature of the Kopek franchise (unlike it ...
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Oliver Wyman
Oliver Wyman, LLC is an American management consulting firm. Founded in New York City in 1984 by former Booz Allen Hamilton partners Alex Oliver and Bill Wyman, the firm has more than 60 offices in Europe, North America, the Middle East, and Asia-Pacific employing over 5,000 professionals. The firm is part of the Oliver Wyman Group, a business unit of Marsh McLennan. History Oliver Wyman's predecessor, Oliver, Wyman & Company, was founded in 1984 when six consultants left Booz Allen Hamilton to start their own consulting firm. Two of the founders, Alexander Oliver and William (Bill) Wyman, both partners at Booz wanted to create a company that would specialize and excel at consulting a certain industry at a time when most other firms were trying to become generalists. Oliver, Wyman & Company initially focused on working with large financial institutions. Wyman would ultimately leave the firm in 1995. He felt that the human side of consulting was taking a backseat to the analyt ...
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Goldman Sachs
The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second-largest investment bank in the world by revenue and is ranked 55th on the ''Fortune'' 500 list of the largest United States corporations by total revenue. In the Forbes Global 2000 of 2024, Goldman Sachs ranked 23rd. It is considered a systemically important financial institution by the Financial Stability Board. Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management, and wealth management. It is a market maker for many types of financial products and provides clearing and custodian bank services. It operates private-equity funds and hedge funds. It structures complex and ...
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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 been 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 Jo ...
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Alexander Vinokurov (businessman)
Alexander Semenovich Vinokurov (, 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 the 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. 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 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 Vardanyan who recommended to Vinokurov to gain employment at Morgan Stanley. In 2004, Vinokurov joined the investment banking d ...
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