Magnit to Open 2000 New Stores
Magnit, the number two in Russian grocery retail, plans to open 2,000 new stores this year. In 2020 the company opened 839 objects, but not under the leading convenience store format. More than 550 stores of ‘Magnit Kosmetik’ drugstores were added.
Magnit plans to refurbish 700 stores to the latest concept this year.
Retail
Related news
North Macedonian Discounter Stokomak Expands To Serbia
North Macedonia’s hard discounter Stokomak has launched its first Serbian…
Read more >
REWE Earmarks €3bn To Expand Penny In Romania
German retail group REWE has announced a €3 billion, ten-year…
Read more >
Fast-growing supermarket chain Studenac nurtures high ambitions
Studenac, one of the fastest-growing food retailers in Central and…
Read more >
More related news >
Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >
More expensive Barbie, thinner Heinz – Trump’s tariffs redraw the global consumer market
The impact of Donald Trump’s tariff policy is affecting more…
Read more >
Almost 20 percent cheaper food? The government is satisfied with the results of the margin reduction
“Thanks to the margin reduction, more and more products can…
Read more >
