French retailer Auchan has announced plans to develop AuchanAuto stores, a new retail format similar to the Auchan Drive system in France, Russian business daily Kommersant reported. Clients will pre-order groceries via the Internet and pick up their purchases in the store without leaving their car. Auchan’s goal is to give out purchase in less …
Russian electronic device maker AK-Systems has started production of compact ‘plug computers’ on three different sites in Russia. Plug computers are a class of miniature computer hardware that plugs directly into alternate current (AC) outlets and offers basic computing functions. The news was announced by AK-Systems’ General Manager Arkady Karzhitsky to CNews.ru, a Russian website …
Russian Phone Company (RPC), the retail wing of major mobile operator MTS, announced last week that it had filed a number of lawsuits against the world’s four major mobile handset makers. According to the lawsuits, Nokia, Sony Ericsson, Samsung and LG are accused of systematically violating deadlines in contractual obligations for non-functional handsets. The four …
Sitronics and state owned nanotechnology company Rusnano will launch a pilot project to integrate radio frequency identification tags (RFID) in the retail outlets of Russia’s largest food retailer, X5 Retail Group. The three way agreement was signed at the St. Petersburg International Economic Forum held in Russia’s Northern capital last weekend.
Newly registered in the Netherlands, Svyaznoy NV has emerged as the owner of a 99.99% stake in the Svyaznoy Group of Companies CJSC, reported Russian business daily Vedomosti. Svyaznoy NV only controls the retail business of Svyaznoy, currently Russia’s second leading mobile phone retailer after Euroset. Other Svyaznoy assets, including a bank and a retail …
Sintez-rus, a traditional and online retailer of Sony electronics products in Russia, has opened its first online retail outpost for Sony-branded products on Russia’s largest social network, Vkontakte.ru. The news was announced yesterday by e-commerce solutions provider Magazinga, which provided the software platform for the new outlet. Magazinga, launched last April, is a joint venture …
Sony products to be sold on Russia’s largest social network Read More
Mobile discounter Tele2 Russia has announced a program to turn over 25% of its 450 mobile shops in Russia into fully-fledged retail outlets selling mobile services. Of Tele2’s existing 450 stores, 120 are to be transformed into ‘supermarkets’ by the end of 2011. Tele2 has been pilot-driving its ‘cellular supermarket’ concept since the end of …
A few months after the first mass market GLONASS+GPS car navigation devices appeared on the Russian market, supply has been rising rapidly and prices have started to fall. Two navigators, the Lexand SG-555 and the Explay GN-510, were introduced fewer than two weeks ago by their producers, Lexand and Explay, at the recommended retail prices …
Russian GPS+GLONASS car navigator market hit by price war Read More
Utinet.ru, a major Russian online retailer specializing in notebooks and other electronic goods, has set early July as the target for its planned IPO on the MICEX stock exchange in Moscow, according to Mikhail Ukolov, the group’s Managing partner speaking on an online conference organized last week by Finam, a leading Russian financial company. This …
Svyaznoy, Russia’s second largest mobile retailer, has just launched a mobile advertising campaign using the geotargeting capacities of AlterGeo, a Russian startup inspired by the real time interactive map and navigation of Foursquare. The campaign promotes Samsung’s new Galaxy Gio handset among AlterGeo users who come within the vicinity of a number of Svyaznoy’s physical …
Mobile retailer experiments with geotargeted mobile advertisement Read More
Russia’s leading mobile retailer Euroset, whose IPO on the LSE was scheduled for this week, decided today to postpone the operation. “Despite increased interest from the investment community in Euroset, we decided to postpone the IPO due to volatile market conditions,” said President Alexander Malis, adding however that the company still expects to realize its strategic …
First Satellite Company, Russia’s leading distributor and retailer of digital TV equipment, announced last week that it has been acquired by Dutch fund Enterprise Emerging Markets Fund B.V.
