Magnit

Magnit To Open 2,000 Bakeries In Its Convenience Stores In 2023

Russian retailer Magnit has announced that it plans to open 2,000 bakeries across its convenience store network in 2023 as it ramps up its freshly-baked of...

Fix Price's Revenue Surges As Russians Rein In Spending

Russian budget retailer Fix Price reported a surge in revenue and profit in 2022 as consumers across the country switched to discount stores amid shar...

Russian Retailer O'Key Expects Revenue Boost From Discount Stores

Russian retailer O'Key Group has said that it expects its chain of discount stores will soon account for half of its overall revenues, as shoppers increasi...

Russia's Magnit To Establish New Discount Chain: Reports

Russian supermarket chain Magnit is planning to create a new discount grocery chain, Russian business newspaper Kommersant has reported, citing two sources...

Russia's Magnit Races To Open Discount Stores As Living Standards Slump

Russian supermarket chain Magnit plans to continue the rapid roll-out of discount stores next year as shoppers across the country turn to cut-price options...

Russia's Magnit Reports H1 Profit And Revenue Jump

Russian retailer Magnit has reported a revenue and profit jump in the first half of this year, boosted by strong sales growth that it said has accelerated...

Russia's Magnit Launches Retraining Programmes For Unemployed Workers, Refugees

Russian retailer Magnit has announced the launch of a number of retraining programmes for those that have recently lost their jobs – such as tho...

Epic Partners Suspends Collaboration With Magnit

European retail alliance Epic Partners has decided not to conduct joint negotiations on behalf of Russian retailer Magnit in response to Moscow's invasion...

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Magnit

Magnit To Open 2,000 Bakeries In Its Convenience Stores In 2023

Fix Price's Revenue Surges As Russians Rein In Spending

Russian Retailer O'Key Expects Revenue Boost From Discount Stores

Russia's Magnit To Establish New Discount Chain: Reports

Russia's Magnit Races To Open Discount Stores As Living Standards Slump

Russia's Magnit Reports H1 Profit And Revenue Jump

Russia's Magnit Launches Retraining Programmes For Unemployed Workers, Refugees

Epic Partners Suspends Collaboration With Magnit

Russian Retailers Limit Margins On 'Socially-Important Products'

Magnit May Raise Dividends, Hints At M&A Opportunities: CEO

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