Russian grocer Seventh Continent has posted a 47% rise in net income for 2007 driven by store expansion and higher like-for-like sales. Net income reached US$99.2m, while net sales rose by a third to ...

Russian supermarket retailer Seventh Continent has posted a leap in first-half profits on the back of robust sales growth. Seventh Continent booked a 61% jump in first-half net income to US$51.2m.

MOSCOW (Reuters) - U.S. buyout fund TPG has reached agreement in principle to buy a controlling stake in Russian grocery chain Seventh Continent , a source close to the fund said on Tuesday. The ...

MOSCOW (Reuters) - French retailer Carrefour is seeking to buy Seventh Continent in a deal that would make it the first foreign company to enter the Russian retail market since the credit crunch hit ...