X5 Retail Reviewing Options for Digital Business Restructuring

By Ian Walker

X5 Retail Group NV said Thursday that it is reviewing options for a restructuring of its digital business into a separate unit within the group, as part of its 2021-2023 strategy.

The Russian food retailer said options being considered include attracting public market investors, establishing a strategic partnership and growing the businesses organically.

An in-depth review of options is expected to be completed this year, it said.

The digital business includes the Vprok.ru Perekrestok online hypermarket, express e-grocery services and the Okolo platform.

Write to Ian Walker at ian.walker@wsj.com

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