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Dear readers! We present to your attention the fourth issue of the LOGISTICS journal. By tradition, in the April issue we summarize the results of TransRussia | SkladTech 2025. This year, the exhibition attracted a record number of exhibitors and over 30,000 visitors. Under the heading "non-economic activity", we are posting an interesting article by A.V. Efimov on the prospects for the development of non-primary non-energy exports from Russia to Vietnam.
- The activity of retailers in the first half of 2018 decreased by 43% compared to the first half of 2017, when 23 new brands entered the Russian market -
CBRE, global real estate advisor, summarizes H1 2018 results of the Moscow Retail market. According to the report, 13 new international brands entered Russian market in H1 2018 and 3 left it. The number of new brands is 10 less than in 2017.
5 brands have already announced new store opening plans: Coach, О’Learys, Flormar, Dino Zoo and COS. Many brands, already present on Russian market plan to open new stores. Among them are: McDonalds, Burger King, Under Armour, LC Waikiki, Metro Cash&Carry and OBI. Ikea and Leroy Merlin, simultaneously with big formats, started developing new compact “showroom” format stores and already opened their first new format stores. It is worth noting that positive brand dynamics is expected in the second part of 2018
Top international retailers entered Moscow retail market or opened flagship stores in H1 2018
Source: CBRE, Q2 2018
Despite the reduction in the number of foreign brands that entered the Moscow market in the first half of 2018 compared to the same period of the previous year, “Café and Restaurants” category has been actively developing. Besides international retailers, Russian gastromarkets open new restaurants (Vokrug Sveta, StrEAT, and others). It’s share in new openings increased by 2 pp to 7%.
Summary and forecast
Aleksandra Chirkaeva, Head of Moscow Retail Leasing, CBRE Moscow Retail Department, said:
“One of the significant events of the restaurant market in H1 2018 was the opening of Vokrug Sveta gastro market in Nikolskaya Plaza, which provided the opening of 24 corners of famous Russian restaurateurs. Excellent results in terms of speed shows and StrEAT, opened at the end of last year in Roomer. This format will continue to develop in the future. Russian restaurateurs have opened more than 60 restaurants in total in high and medium price categories since the beginning of the year Moscow. Along with the high dynamics of opening of low-cost places we can say that level of entrepreneurial activity in this segment remains and we see the prospects of growth of consumption of the Moscow retail market as a whole.“