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Q3 2015 | Russia | St. Petersburg | Retail Market

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Redistribution of consumer demand in the direction of food goods led to an increase in the number of hypermarkets. New brands, both in the fashion and cafes&restaurants segments, are entering the market. The vacancy rate in shopping centers continues to grow due to the release of space in lower quality facilities. Quiet period in July-August gave way to increased activity of major players in street-retail segment.

Q3 2015 | Russia | St. Petersburg | Retail Market

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