Free press releases distribution network?

More news: Retail/Wholesale
Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Russian Retail Sector Likely to Hit US$ 744.92 billion Mark by 2011 - Retail industry in Russia has been growing at an exponential pace and the market will likely reach US$744.92 Billion by 2011
Russian Retail Sector Likely to Hit US$ 744.92 billion Mark by 2011

 

PRZOOM - /newswire/ - Delhi, New Delhi, India, 2007/06/07 - Retail industry in Russia has been growing at an exponential pace and the market will likely reach US$744.92 Billion by 2011.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Retail/Wholesale Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

As per a recent report on “Russian Retail Sector Analysis (2007-2011)”it has been found that the steadily growing personal incomes, together with ongoing Ruble appreciation will likely expand the retail market’s size to reach US$ 744.92 Billion by 2011.

Retail industry in Russia is growing at an unparalleled pace compared to other countries (except India). The existing opportunities of growth have lured many overseas giants to launch their business in the Russian market.

According to latest data that Federal State Statistics Service (Rosstat) released, in Russia, retail sales grew 13.6% YOY to reach the level of 3.043 Trillion Rubles (US$117.456757 Billion) from January to April 2007. However, retail sales grew 13.8% to reach around 814.8 billion rubles (US$31.4504652 Billion) in this April alone. Registered trade firms made up 84.7% of overall retail sales during the month of April ’07, whereas unregistered market was accountable for almost 15.3% against the 80.2% and 19.8%, respectively, in the same month last year (2006).

Imported goods made up roughly 48% of the entire retail merchandizes in the Q1 2007, in comparison to almost 47% during the same period last year. Foodstuffs’ sales made up around 45.4% of retail sales during April this year, whereas the nonfood goods’ sales accounted for nearly 54.6% against the 45.6% and 54.4%, respectively, in the same period last year.

In view of that retail chains expand in size, independent operators continue to loss their market share. Proceeding further, retail market is expected to grow at a rate higher than Russia’s real disposable income.

Real disposable cash incomes increased 11.5% during January-April this year in comparison to the same period in last year. During April this year, incomes rose almost 9.2% against April 2006, Rosstat said.

As per the RNCOS report “Russian Retail Sector Analysis (2007-2011)”, “Post the slump due to the 1998 economic crisis, retail sales in Russia have been showing unswerving growth since the year 2001. Retail sales in Russia reached US$318 Billion during 2006. This also makes Russia second most profitable retail market globally, as per AT Kearney, and 12th biggest retail market across the globe in 2005, as per EIU.”

Key issues and facts analyzed in this report include: Russian Organized Retail’s market size, issues & growth prospects associated with the industry, opportunities and challenges faced by the Russian retailers, etc.

About RNCOS E-Services Pvt Ltd.

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Retail/Wholesale Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Retail/Wholesale articles,
CATCH Visitors via Your Competitors Announcements!


Russian Retail Sector Likely to Hit US$ 744.92 billion Mark by 2011

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Shushmul Maheshwari 
+91 12 04224700 press[.]rncos.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Retail/Wholesale via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From RNCOS E-Services (P) Ltd / Company Profile


Read Retail/Wholesale Most Recent Related Press Releases:

Retail IT Specialist Detego Launches New Software for Omni - Channel Retailing
Author & CEO of Market Viewpoint, Angela Megasko Presents At MSPA-NA’s Annual Shopperfest in Las Vegas, Nevada
Oracle and Snapchat Measure Impact of Snap Ads On Sales in Stores
Russian Grocery Leader O’KEY Selects JDA to Drive Higher Sales and Profits
Rose Pharmacy Leverages JDA Merchandise Management System to Improve its Customer-centric Focus
RAANGE Interactive Secures One Million Customer Leads in 6 Months for Retailers
ARCH Design Relocates to 30,000-Square-Foot Facility
Azoth Analytics Releases 2015-2020 Global Handbags Market Trends, Opportunities and Forecasts
Belle Lingerie Celebrates 10 Years of Online Trading
iControl Recognized as One of the Best Entrepreneurial Companies in America by Entrepreneur Magazine

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today