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