The falling incomes and record in the 1990’s, the compression of solvent demand have hurt the Russian retail networks.
In 2016, the 150 largest Russian food retailers have been forced to reduce retail space on 461 thousand square meters, a record since 2008.
Closed as a small, regional network, and stores the market leaders. This is evidenced by data “Infoline-Analytics”.
Closed 75 800 sqm a bankrupt Siberian retailer “System the lapwing”. About 28 000 sq m secured working in the Tula and Moscow regions “Lakmin” and closed in Khabarovsk Krai, St. Petersburg and the Jewish Autonomous region, the stores of the retailer “Dimart” (Super Good and “My world”), according to analysts.
A leader in the reduction of the network of stores has become “the Seventh continent”, which in the past year, closed eight of the ten hypermarkets and supermarkets (including the sold out “Dixie” nine points in the Kaliningrad region).
X5 Retail Group over the past year, we have closed several hypermarkets “Carousel”, “Magnet” has also closed several stores, “in terms of stiffer competition closed inefficient facilities, “okay”, said General Director of “Infoline-Analytics” Mikhail Burmistrov.
The competition for the past year increased with the continued decline in the purchasing power of the population, agree with the Chairman of the coordination Council of the Union of independent networks of Russia Oleg Ponomarev (headed by the Kaliningrad network “the Family”).
By the end of 2016, the retail trade turnover in Russia decreased by 5.2% over the two years of crisis — by 15.7%. Compression in consumer spending was the largest since the 1990s.
The view from a parallel reality
Prime Minister Dmitry Medvedev said that the situation on the Russian labor market is stable, unemployment in the country, reports “Interfax”.
“The situation in the labour market is stable. We dealt with unemployment,” — said Medvedev at a Russian investment forum in Sochi. According to him, in the medium-term plans — the adoption of measures to overcome demographic constraints that could hinder the development of the economy.
In his opinion, the next five years will be difficult for the labour market, but we are not talking about unemployment, and the shortage of qualified personnel. Medvedev believes that such difficulties are related to demographic failure 90-ies of the 2017-2025 gg. the government has planned a number of steps that will allow the most efficient use of available labor resources and attract highly qualified specialists from abroad.
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