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Retail

Tesco halts F&F store openings in Russia

Supermarket giant Tesco has reportedly put a pin in the opening of its debut F&F apparel stores in Russia following political unrest over the Ukrainian crisis and a decline in consumer spending. The British retailer previously revealed plans to open its first F&F stores in Moscow, Russia this June with a local retail partner. Debruss, the...

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Fashion

Debenhams to re-enter Russian market

British department store Debenhams is set to open its first store in Russia in September, after the company exited the country in 2007, in an attempt to tap into Russia’s fast-growing retail marketplace. The UK firm, which is Britain’s number two department store group by sales, plans to open a 35,000 sq ft store at the Mega Belaya Dacha...

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