Jan Dunning

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...

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

Russian retailer Magnit has said that shopper behaviour is starting to normalise, with the group reporting an acceleration in like-for-like sales in its se...

Russia's Magnit Sees Like-For-Like Sales Up In First Quarter

Russian retailer Magnit has posted a 4.1% increase in like-for-like sakes in the first quarter of its financial year, with average basket sizes 14.9% highe...

'Profitable Growth', M&A Activity In Focus For Russia's Magnit, CEO Tells ESM

Russian retailer Magnit is seeking to drive profitable growth from its existing assets, while also engaging in M&A activity that is value accretive...

Magnit Chief Executive Confident After Strong Q3 Growth: Interview

Magnit chief executive Jan Dunning has told ESM that the Russian retailer's performance in the recent third quarter, a period which saw COVID-19 restrictio...

Rebuilding A Retail Giant – ESM Meets Magnit Chief Executive Jan Dunning

With more than 20,000 stores, Russia's Magnit is an undisputed retail behemoth. But the bigger you are, the more potential there is for cracks to start to...

Magnit Sees Like-For-Like Sales Boost In Second Quarter

Russian retailer Magnit has posted a 7.2% increase in like-for-like sales in the second quarter of its financial year, boosted by a 24.7% increase in avera...

CEO Of Russian Food Retailer Magnit Quits In Row Over Strategy

The chief executive of Russia's second-largest food retailer Magnit, Olga Naumova, has decided to leave the company just after a year in the role due to di...

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Russia's Lenta Sees Marginal Like-For-Like Decline In Third Quarter

Lenta Opens 200th Hypermarket In Russia

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