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X5 Group
X5 Group (previously known as X5 Retail Group and commonly known as X5) is Russia's largest food retailer. In 2012, the organization of X5-Retail Group LLC was liquidated, and in 2018 X5 Group LLC was opened. The company operates several retail formats: convenience stores under the Pyaterochka brand, supermarkets under the Perekrestok (supermarket chain), Perekrestok brand, and hypermarkets under the brand, as well as the Perekrestok.ru online market, the 5Post parcel and Dostavka.Pyaterochka and Perekrestok.Bystro food delivery services. The company's global depositary receipts are listed on the London Stock Exchange (LSE) and the Moscow Exchange, Moscow Stock Exchange (MSE). Its share of the food retail market rose up from 47th to 42nd place among the world’s Top-250 retailers in the Global Powers of Retailing 2020 and took 11th place in the Top-50 fast-growing global retailers (according to Deloitte); it was ranked 41st among the Top 50 Global Retailers (according to Kan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saint Petersburg
Saint Petersburg, formerly known as Petrograd and later Leningrad, is the List of cities and towns in Russia by population, second-largest city in Russia after Moscow. It is situated on the Neva, River Neva, at the head of the Gulf of Finland on the Baltic Sea. The city had a population of 5,601,911 residents as of 2021, with more than 6.4 million people living in the Saint Petersburg metropolitan area, metropolitan area. Saint Petersburg is the List of European cities by population within city limits, fourth-most populous city in Europe, the List of cities and towns around the Baltic Sea, most populous city on the Baltic Sea, and the world's List of northernmost items#Cities and settlements, northernmost city of more than 1 million residents. As the former capital of the Russian Empire, and a Ports of the Baltic Sea, historically strategic port, it is governed as a Federal cities of Russia, federal city. The city was founded by Tsar Peter the Great on 27 May 1703 on the s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pyaterochka New Concept 2019 Moscow
Pyaterochka () is a Russian chain of convenience stores managed by X5 Retail Group. The chain opened its 15,000th store in the city of Zelenograd, Russia, in May 2019. History The chain opened its first store in 1999 in Saint Petersburg. Pyaterochka expanded its market to Moscow in 2001 and started a franchise program a year later. Pyaterochka Holding N.V. completed an initial public offering on the London Stock Exchange in 2005. Pyaterochka and Perekrestok merged in 2006 to create X5 Retail Group; the group kept the Pyaterochka brand. In 2009 X5 Retail Group acquired Kopeyka, a retail chain with more than 660 stores and seven distribution centers. All Kopeyka stores were rebranded to Pyaterochka. Pyaterochka launched a store refurbishment program in 2013 to introduce a new range of products, and to make the store layout more spacious. Most of the stores were refurbished with a glass-front design. The Pyaterochka brand of discount stores is the core format for X5 Retail Gr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer
A consumer is a person or a group who intends to order, or use purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. The term most commonly refers to a person who purchases goods and services for personal use. Rights "Consumers, by definition, include us all", said President John F. Kennedy, offering his definition to the United States Congress on March 15, 1962. This speech became the basis for the creation of World Consumer Rights Day, now celebrated on March 15. In his speech, John Fitzgerald Kennedy outlined the integral responsibility to consumers from their respective governments to help exercise consumers' rights, including: *The right to safety: To be protected against the marketing of goods that are hazardous to health or life. *The right to be informed: To be protected against fraudulent, deceitful, or grossly misleading information, adverti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Customer Value Proposition
In marketing, a customer value proposition (CVP) consists of the sum total of benefits which a vendor promises a customer will receive in return for the customer's associated payment (or other value-transfer). Customer Value Management was started by Ray Kordupleski in the 1980s and discussed in his book, Mastering Customer Value Management. A customer value proposition is a business or marketing statement that describes why a customer should buy a product or use a service. It is specifically targeted towards potential customers rather than other constituent groups such as employees, partners or suppliers. Similar to the unique selling proposition, it is a clearly defined statement that is designed to convince customers that one particular product or service will add more value or better solve a problem than others in its competitive set.Investopedia. (2010)"Value Proposition" Retrieved April 22, 2010. Why CVPs are important Mark De Leon's value proposition will provide conv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stephan DuCharme
Stephan DuCharme (April 20, 1964, Addis Ababa, Ethiopia) is a German-American businessman who was the former chairman of Dia Group, managing partner at L1 Retail and both chairman and CEO of X5 Retail Group. He is a citizen of United States of America and Germany. He is fluent in English, German, French, Spanish, Portuguese, and Russian. Career Early career DuCharme graduated with honors in Political Science and Economics in Political Science and Economics from the University of California, Berkeley (USA) and has an MBA degree from INSEAD business school. From 1987 to 1991, he was a financial analyst in Salomon Brothers Bank before joining the European Bank of Reconstruction and Development (EBRD), based in Moscow. In 1997, DuCharme joined Alfa Group as a director of corporate development, finance and oversight. In 2001, DuCharme moved to London and joined SUN Group, where he particularly supervised SUN Interbrew. DuCharme was a board member at CSA Czech Airlines, Alfa-Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Earnings Before Interest, Taxes, Depreciation, And Amortization
A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced ) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset base. It is derived by subtracting from revenues all costs of the operating business (e.g. wages, costs of raw materials, services ...) but not decline in asset value, cost of borrowing and obligations to governments. Although lease have been capitalised in the balance sheet (and depreciated in the profit and loss statement) since IFRS 16, its expenses are often still adjusted back into EBITDA given they are deemed operational in nature. Though often shown on an income statement, it is not considered part of the Generally Accepted Accounting Principles (GAAP) by the SEC, hence the SEC requires that companies registering securities with it (and when filing its periodic reports) recon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debt
Debt is an obligation that requires one party, the debtor, to pay money Loan, borrowed or otherwise withheld from another party, the creditor. Debt may be owed by a sovereign state or country, local government, company, or an individual. Commercial debt is generally subject to contractual terms regarding the amount and timing of repayments of #Principal, principal and interest. Loans, bond (finance), bonds, notes, and Mortgage loan, mortgages are all types of debt. In financial accounting, debt is a type of financial transaction, as distinct from equity (finance), equity. The term can also be used metaphorically to cover morality, moral obligations and other interactions not based on a monetary value. For example, in Western cultures, a person who has been helped by a second person is sometimes said to owe a "debt of gratitude" to the second person. Etymology The English term "debt" was first used in the late 13th century and comes by way of Old French from the Latin verb ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Financial Reporting Standards
International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable and comparable across international boundaries. They are particularly relevant for companies with shares or securities publicly listed. IFRS have replaced many different national accounting standards around the world but have not replaced the separate accounting standards in the United States where US GAAP is applied. History The International Accounting Standards Committee (IASC) was established in June 1973 by accountancy bodies representing ten countries. It devised and published International Accounting Standards (IAS), interpretations and a conceptual framework. These were looked to by many national accounting standard-setters in developing n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dividend Policy
Dividend policy, in financial management and corporate finance, is concerned with Aswath Damodaran (N.D.)Returning Cash to the Owners: Dividend Policy/ref> the policies regarding dividends; more specifically paying a cash dividend in the present, as opposed to, presumably, paying an increased dividend at a later stage. Practical and theoretical considerations will inform this thinking. Management considerations In setting dividend policy, management must pay regard to various ''practical'' considerations, Ken Garrett (ND)Dividend theory Association of Chartered Certified Accountants often independent of the theory, outlined below. In general, whether to issue dividends, and what amount, is determined mainly on the basis of the company's unappropriated profit (excess cash) and influenced by the company's long-term earning power: when cash surplus exists and is not needed by the firm, then management is expected to pay out some or all of those surplus earnings in the fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bashkortostan
Bashkortostan, officially the Republic of Bashkortostan, sometimes also called Bashkiria, is a republic of Russia between the Volga river and the Ural Mountains in Eastern Europe. The republic borders Perm Krai to the north, Sverdlovsk Oblast to the northeast, Chelyabinsk Oblast to the east, Orenburg Oblast to the south, Tatarstan to the west and Udmurtia to the northwest. It covers . It is the seventh-most populous federal subject in Russia and the most populous republic. Its capital and largest city is Ufa. As of 2025, it has a population of 4,046,094. Bashkortostan was established on .Национально-государственное устройство Башкортостана, 1917–1925 гг: Общее введение и Том 1 // Билал Хамитович Юлдашбаев, Китап, 2002, , 9785295029165Хрестоматия по истории Башкортостана: Документы и материалы с древнейших време ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
