Moscow
This coverage examines retail activity and trends in Moscow, with relevance for UK retail professionals monitoring international markets. Reporting highlights store openings, brand expansions, consumer behaviour, and property developments in the Russian capital. Insights are tailored for professionals assessing opportunities, market dynamics, and competitive strategies in a major global retail hub.
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Jul- 2022 -13 JulyEntertainment
Lego ‘indefinitely’ halts operations in Russia
Lego will cease its commercial operations in Russia after previously pausing shipments to the country back in March. In a statement to Retail Sector, a spokesperson said: “The LEGO Group paused shipments to Russia in March. Given the continued extensive disruption in the operating environment, we have decided to indefinitely…
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Jun- 2022 -23 JuneClothing & Shoes
Nike to quit Russia after Ukraine invasion
Sportswear brand Nike has revealed it will fully pull out of Russia three months after suspending its business in the country due to the Ukraine war. It said it will scale down its operations in Russia over the “coming months”, having announced a temporary suspension on 3 March. It marks…
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17 JuneDIY
Ikea to sell Russian factories as it scales down operations
Ikea has announced that it will start the process of finding new ownership for all four of its factories in Russia, and will sell out its home furnishing inventory in the country, as Ikea enters a new phase to scale down business in Russia and Belarus. On 3 March, Ikea…
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Mar- 2022 -4 MarchClothing & Shoes
Nike to temporarily shut all stores in Russia
Nike said on Thursday it would be temporarily closing all its stores in Russia, joining a growing group of Western brands that have suspended businesses in the country, Reuters has reported. It comes following Moscow’s invasion of Ukraine. The sportswear maker had previously made merchandise purchases on its website and…
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Oct- 2021 -27 OctoberProperty
Ikea to open in former Topshop Oxford Street site
A new Ikea store is set to open its doors in the heart of London with a new location at Topshop’s former Oxford Street site. The new store is planned to open in autumn 2023, and will have a focus on home-furnishing accessories, with a full range available to buy…
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Sep- 2019 -26 SeptemberHigh Street
Ikea retail sales jump 5% in full-year results
Furniture retailer Ikea has reported a 5% increase in retail sales to €36.7bn (£32.5bn) for the year ended 31 August 2019. Its parent company, the Ingka Group, said this follows a number of investments during the year, including the launch of new Ikea stores in cities, strengthening its home delivery…
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Aug- 2019 -1 AugustAdvice
The changing face of the retail car park
Over the next decade we will see a seismic shift in the way we travel from A-B. Widespread automation, together with electrification and the increased connectivity of transport and society will not only shake-up the automotive industry, but it will also bring the imminent need for change. Driven by government…
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