Nestle joins Magnit-led Russia initiative to promote healthy food
Nestlé has joined an initiative in Russia led by retailer Magnit to promote healthier lifestyles and eating, with a key…
Magnit
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Wal-Mart’s online offensive, Save-A-Lot sold, Lenta and Magnit in spotlight in Russia – retail round-up, October 2016
October saw Wal-Mart underline its ambitions in e-commerce, Supervalu sell under-pressure US hard discounter Save-A-Lot and Russian retailer Lenta add…
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RUSSIA: Profits up at retailer Magnit
Russian retailer Magnit has reported higher first-quarter earnings. Magnit, which claims to be the country's largest food retailer, booked a…
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RUSSIA: Retailer X5 sees LFL sales accelerate
Russian retailer X5 Retail Group has reported a 6% rise in like-for-like sales for the first quarter of 2014, a…
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RUSSIA: Retailer Magnit books 7% in Q1 LFLs
Russian retailer Magnit saw like-for-like sales rise over 7% in the first quarter of 2014, it said today (10 April).…
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RUSSIA: Magnit full-year earnings rise on sales, margins
Russian retailer Magnit reported an increase in operating profit for fiscal 2013, boosted by higher sales and stronger margins. Net…
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RUSSIA: X5 drives 2014 turnaround despite “ebbing” confidence
Russian retailer X5 Retail Group has said that it will push ahead with plans to improve its performance in 2014…
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RUSSIA: Magnit FY sales up but December slowdown hits shares
Magnit, Russia's largest food retailer by revenue, has booked higher sales for 2013, although a slowdown in the fourth quarter…
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UPDATE: RUSSIA: Magnit DC to support space expansion
Russian retailer Magnit has said its new distribution centre in Yaroslavl will support the expansion of its store network in…
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RUSSIA: Magnit opens new distribution centre
Magnit, Russia's largest retailer by sales, has said that it will open a new distribution centre in Yaroslavl. Located to…