OREANDA-NEWS On 04 September was announced, that on September 4—6, 2008 the Renaissance Hotel in Moscow will host the 7th International Retail Summit. This forum has every chance to become the event of the year for the companies operating in the retail sector and having branched sales networks.

The Summit will cover:
World best retail practices;

Problems and solutions;
Development strategies for Russian retail businesses in global scenarios.

In Russia’s retail sector, the pharma business boasts a significant share. According to the latest data of PHARMEXPERT Market Research Center, the value of the out-of-pocket pharma segment as of the first seven months of 2008 is 6.65 bln USD (retail prices) and is forecasted to exceed 9 bln USD by the end of this year.

The growth trend persistent in the out-of-pocket drug sector is undoubtedly attractive for a variety of businesses. For targeted discussion of the above trends, there will be a panel discussion within the Summit framework titled Pharmacy Retail: From Expansion to Internal Efficiency. Priority Strategies of Drugstore Chains During the New Phase of the Market Development. Welcome to join the discussion.

PHARMEXPERT Marketing Research Director David Melik-Gusseynov will moderate the panel discussion.