Retail

A significant part of foreign business, having reconfigured supply chains, will return to work in Russia.

Companies that decide to continue working in Russia will receive all the conditions for development, Minister of Economic Development Maxim Reshetnikov said on the air of the Rossiya-24 TV channel.

Russian suppliers and distributors of contact lenses and optics for the manufacture of glasses noted an increase in prices by 30-40%.

State Duma Speaker Vyacheslav Volodin believes that prices for Russian goods are rising artificially. In his opinion, many manufacturers are only "hiding behind" sanctions.

The manufacturer and distributor of Coca-Cola products has warned Russian customers in the catering sector about price increases.

The American companies Mars and Mondelez International have suspended advertising projects in Russia and temporarily refused to invest in the country, it follows from their statements.

Major cosmetics and perfume retailer Sephora announced the closure of stores and the cessation of online sales in Russia.

Large retailers have begun to suspend their work in Russia due to possible serious financial losses and fines on rental payments.

The richest woman in Russia, the founder of the Wildberries online marketplace, Tatiana Bakalchuk, has lost almost half of her capital.

Sales volume of Coca-Cola Hellenic Bottling Company (Coca-Cola HBC) in Russia in 2021 increased by 18.3% compared to 2020.

The official income of the Russian funeral business is increasing faster than inflation, but slower than the death rate is growing. The turnover of the funeral services market in 2021 jumped by 12.5% a year, to 80.4 billion rubles.

There is nothing wrong with the fact that apartments in Moscow are bought not only by locals, but also by visitors, State Duma Deputy Vladimir Resin said in an interview with Rossiyskaya Gazeta.

"Delivery Club" was at the center of a scandal. A deliveryman from Vladivostok named Oleg flew out of work for asking to cancel his 14-hour shift, as he was preparing for his mother's funeral.

Muscovite Evgeny Smirnov appealed to the Investigative Committee with a request to check the manufacturer of sportswear and shoes Nike. The man believes that the company discriminates against light-skinned people.

A 19-year-old girl was detained in Penza, who confessed to selling non-existent goods via the Internet.