Russian retail group Magnit has announced that sales jumped 44 per cent during December, with revenues rising to 15.6m roubles (€395.7m).
The results allayed concerns that Russia's weakening economy could hit consumer confidence and retail sales throughout the holiday period, Reuters reported.
Preliminary revenues for the full year hit 132.4bn roubles (€3.35bn), although growth had slowed from the first nine months of the year when the group reported revenues up 51 per cent.
UK government postpones start of physical checks on EU food imports for sixth time to avoid “serious disruption” at the border, according to report
The union says Morrisons’ logistics workers in Cheshire and Wakefield could strike over pensions, leaving store shelves empty
Campaign looks to tap into increased interest in the fruit around the Cinco de Mayo celebration
The Dutch organic company is introducing Fairtrade certification for its Kenyan avocados, as it looks to help growers build economic and ecological resilience
The facility has 24 ripening cells on two levels and two packaging lines with a capacity of 45 trays per minute
Comment: Edwin Wentink, vice president business development– Europe at Lineage, highlights the importance of a joined-up approach to cold chain logistics
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