http://www.just-food.com/companies/magnit_id356Latest Magnit industry news - from just-food.com© 2013 All content copyright just-food.com. Published by Aroq Ltd.Sun, 19 May 2013 11:24:36 GMTSun, 19 May 2013 11:24:36 GMTjust-food.com - RSS feedjust-food.comhttp://blogs.law.harvard.edu/tech/rss20Russian retailer Dixy has reported both its full-year financial results today and a sales update for the first quarter of 2013 - and the picture was mixed. Full-year margins came in well below market expectations, and the company's bottom line took a notable hit. However, the company seems to be off to a better start this year.http://www.just-food.com/comment/mixed-news-for-dixy-in-fy-q1-updates_id122982.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitFri, 26 Apr 2013 15:38:00 GMTRussian retail giant Magnit has booked an increase in profits in the first quarter of the year.http://www.just-food.com/news/magnit-records-q1-profit-increase_id122907.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitTue, 23 Apr 2013 11:02:00 GMTA raft of companies report to the market next week, including UK-based food group Associated British Foods, which is set to unveil its half-year results. Data for the first quarter of 2013 will continue to come in, with Unilever, Hershey and Premier Foods plc among those set to publish numbers.http://www.just-food.com/news/abf-h1s-unilever-hershey-premier-q1s_id122892.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitMon, 22 Apr 2013 08:34:00 GMTMajor food manufacturers began to report their first-quarter results last week. Nestle came under scrutiny for its performance in emerging markets. A cautious Danone saw signs of improvement from its European dairy operations, while its infant formula business was buoyant. Elsewhere, we shone the spotlight on the recent rationing of formula in Western markets amid high demand in China, looked at Marks and Spencer's latest European venture and analysed Magnit's move to Russian retail's top spot.http://www.just-food.com/news/the-highlights-on-just-food-last-week_id122884.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitMon, 22 Apr 2013 08:19:00 GMTThe industry's first-quarter results continued to pour in last week and two of France's leading retailers, Carrefour and Casino revealed sales figures that got analysts talking. Carrefour appeared pleased with its domestic performance, while Casino was encouraged by the results of recent pricing initiatives. Elsewhere, Tesco finally confirmed its plans to exit the US and revealed it had received and was pursuing interest in the business.http://www.just-food.com/news/just-foods-week-in-words_id122879.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitMon, 22 Apr 2013 08:19:00 GMTRussian retail colossus Magnit has overtaken X5 Retail Group to become the country's largest by sales. While anticipated, speculation is now likely to turn to whether Magnit can extend its lead, or if X5 has what it takes to up its game and claw back the number one position.http://www.just-food.com/analysis/russian-retailer-magnit-looks-to-retain-top-spot_id122833.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitWed, 17 Apr 2013 10:42:00 GMTUK-based R&R Ice Cream last week snapped up local rival Fredericks Dairies, a deal its CEO told us will help it compete better with Unilever. We spoke to M&A analysts about the potential sale of Burton's Biscuit Co. and to the chairman of Canada's Dare Foods about his expansion plans. In Europe, the sector was rocked by fresh horsemeat revelations, including news an Asda product contained the veterinary drug phenylbutazone.http://www.just-food.com/news/just-foods-week-in-words_id122800.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitMon, 15 Apr 2013 08:26:00 GMTX5 Retail Group has booked an 8.1% increase in first-quarter net sales, driven by store openings - although like-for-like sales were less buoyant.http://www.just-food.com/news/x5-sales-up-on-store-openings-lfls-muted_id122794.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitFri, 12 Apr 2013 09:39:00 GMTRussian retailer Magnit has recorded an increase in sales in the first quarter of 2013.http://www.just-food.com/news/q1-sales-up-at-retailer-magnit_id122762.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitWed, 10 Apr 2013 12:18:00 GMTDixy significantly beefed up its presence in Russia's food retail sector when it acquired local peer Victoria Group two years ago. While the company still has its foot on the throttle, with some ambitious plans to expand over the next three years, Dixy's attention has now turned to a lower-capital intensive organic growth phase. Katy Askew spoke to Dixy's head of investor relations Natalya Belyavskaya to find out more.http://www.just-food.com/interview/dixy-takes-prudent-approach-to-ambitious-expansion_id122538.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitMon, 18 Mar 2013 10:40:00 GMTThis week saw the debate around the food industry's role in the obesity epidemic come to the fore once again, as the UK Government warned that the industry must do more or face the possibility of legislation. The inauguration of Barack Obama for his second term in office gave us a timely opportunity to look at what has been achieved under his administration - and what could be in store for US food makers. Meanwhile, news that Christine Tacon has been named UK Groceries Code Adjudicator put supply chain relationships firmly in the spotlight. We were able to delve a little deeper into Tacon's take on the subject when we interviewed her shortly after her appointment.http://www.just-food.com/news/the-highlights-on-just-food-this-week_id121920.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitMon, 28 Jan 2013 09:39:00 GMTjust-food managed to secure a number of key interviews with leading industry figures this week, including that of the new Groceries Code Adjudicator, Christine Tacon, who outlined her new role and the challenges she might face. Other interviews included Warburton's free-from director Chris Hook Plum Organics CEO Neil Grimmer who told just-food about the firm's recent acquisition of Plum UK. Elsewhere, Unilever CEO Paul Polman told of his disappointment at the performance of its food division last year and the horsemeat scandal rumbled on.http://www.just-food.com/news/just-foods-week-in-words_id121914.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitFri, 25 Jan 2013 11:39:00 GMTThe release of X5 Retail Group's sales figures has prompted pundits to suggest that Magnit could overtake X5 as Russia's largest retailer this year.http://www.just-food.com/news/magnit-seen-overtaking-x5-as-largest-russian-grocer_id121888.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitWed, 23 Jan 2013 15:39:00 GMTRussian retailer Magnit has seen profits benefit from improved purchasing terms and cost controls as it expanded its store footprint over the past 12 months.http://www.just-food.com/analysis/magnit-profit-rises-on-margin-gains_id121867.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitTue, 22 Jan 2013 15:22:00 GMTRussian retailer Magnit booked a 71.62% increase in full-year EBITDA today(22 January), driven by improved margins and higher sales.http://www.just-food.com/news/magnit-sees-fy-profit-jump-on-margin-sales-gains_id121857.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitTue, 22 Jan 2013 10:41:00 GMTRussian retailer Magnit has reported full-year sales up by more than a third, after opening nearly 1,600 stores during the period.http://www.just-food.com/news/magnit-fy-sales-jump-on-store-openings_id121694.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitThu, 10 Jan 2013 10:20:00 GMTjust-food's interviews with senior executives in the international food sector provide exclusive insight into how the leading lights in the industry deal with the challenges and embrace the opportunities in front of them. This year, the most-read interviews on just-food included one-on-ones with companies from General Mills and Heinz to Russian retail giant Magnit to the UK government minister responsible for food policy.http://www.just-food.com/interview/the-ten-most-read-interviews-on-just-food-in-2012_id121553.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitTue, 18 Dec 2012 15:43:00 GMTMultinational dairy company Moloko Holdings is to start production and distribution of Russia's first organic milk in the Ulyanovsk province.http://www.just-food.com/news/moloko-to-begin-russias-first-organic-milk-production_id121123.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitFri, 09 Nov 2012 10:01:00 GMTRussian retailer Magnit has booked an increase in profit in the first nine months of the year, boosted by a high pace of new store openings and a focus on low prices.http://www.just-food.com/news/magnit-profits-climb-on-store-openings-lfl-sales_id120930.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitThu, 25 Oct 2012 15:05:00 GMTRussian retailer Magnit saw its underlying sales accelerate in the third quarter of the year.http://www.just-food.com/news/q3-lfl-sales-accelerate-at-retailer-magnit_id120750.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=magnitThu, 11 Oct 2012 09:33:00 GMT