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...
Magnit
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 to its operations through M&A.
RUSSIA: Profits up at retailer Magnit
Russian retailer Magnit has reported higher first-quarter earnings.
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 faster rate of growth than seen in 2013.
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).
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 in the face of what it described as "ebbing" consumer…
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 caused its shares to fall today. The company, which has…
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 the region. The company has said that it will open…
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 the north-east of Moscow, Yaroslavl is a transportation hub connected…
RUSSIA: Auchan outlines expansion plans for 2014
Auchan has outlined plans to open ten to 14 stores in Russia in 2014 across its three different formats. The French retail giant, which has 75 outlets in Russia, will…
RUSSIA: Magnit posts “record” profit, lowers sales guidance
Magnit, Russia's largest retailer by sales, said it achieved "record" profitability in the first nine months of the year but lowered its sales target for the full year. Earnings in…
