Retail - Magnit

Sustainability 2022 – Anna Meleshina, Corporate Relations and Sustainability Director, Magnit

In the most recent edition of ESM, as part of our Sustainability 2022 feature, we spoke to a number of top executives working across the global retail and...

Magnit Continues Expansion With Radezh Takeover In Volgograd

Magnit has upgraded its store opening guidance for 2021 following the announcement that it has reached agreement to take-over the long-term leasehold right...

Magnit Obtains Leasehold Rights For 56 Edelweiss Outlets

Russian retailer Magnit has announced it has reached agreement for the long-term leasehold rights for 56 stores currently operating under the Edelweiss bra...

Russia's VTB Bank Fully Divests From Magnit

Russian lender VTB sold a 4.9% stake in food retailer Magnit via an accelerated bookbuilding (ABB) process at RUB5,700 ($78.28) per share, fully divesting...

Russia Lockdowns 'Unlikely To See Return To Panic Buying', Says Magnit CEO

The return of COVID-related lockdown measures in Russia is unlikely to lead to a return to panic buying, the chief executive of Magnit, Jan Dunning, has to...

Magnit Boosted By Dixy Acquisition, Sees Revenue Up 27.7% In Q3

Russian retailer Magnit has reported a 27.7% increase in revenue in the third quarter of its financial year, boosted by its recent acquisition of the Dixy...

Magnit And FMCG Companies Sign Code Of Commitments Under 'United for a Healthier Future' Initiative

Russian retailer Magnit has signed the Code of Voluntary Commitments under the 'United for a Healthier Future' Initiative along with eight international FM...

Russia's FAS Set To Monitor Prices Of 'Socially Significant' Food Products

Russia's Federal Antimonopoly Service (FAS) is to monitor the prices of 24 'socially significant' food products, including meat, fish, milk, eggs, cereals,...

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Retail - Magnit

Sustainability 2022 – Anna Meleshina, Corporate Relations and Sustainability Director, Magnit

Magnit Continues Expansion With Radezh Takeover In Volgograd

Magnit Obtains Leasehold Rights For 56 Edelweiss Outlets

Russia's VTB Bank Fully Divests From Magnit

Russia Lockdowns 'Unlikely To See Return To Panic Buying', Says Magnit CEO

Magnit Boosted By Dixy Acquisition, Sees Revenue Up 27.7% In Q3

Magnit And FMCG Companies Sign Code Of Commitments Under 'United for a Healthier Future' Initiative

Russia's FAS Set To Monitor Prices Of 'Socially Significant' Food Products

Russia's Magnit Sees Revenue Up 7.7% In First Half

Russia's Magnit Sees Revenue Up 9.6% In Second Quarter

Magnit, Wildberries Launch Express Delivery Partnership

Russia's Magnit Completes Acquisition Of Dixy Group

Magnit Enters Dagestan With Two New Stores

Magnit To Buy Fewer Dixy Stores To Comply With Competition Law

Russia's Magnit Sees 30% Uplift In Sales From Discount Arm