Russia’s largest grocery retailer by store number. We operate with purpose across more than 21,000 stores, serving around 16 million customers each day.
Did you know 59mln Magnit customers are signed up to our #loyalty card? We are focused on delivering even more personalized options and offers to our loyalty card holders #MagnitCMD2022#Retail#retailers
#Magnit has successfully piloted its #MyPrice#discounter concept: 190 new #stores opened in 2021 with regular prices 20% lower vs market level and optimised assortment range ~ 2,000 SKUs covering #essentialitems#MagnitCMD2022
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#Russian#retailer@MagnitIR may be able to return more money to shareholders through dividends even as it keeps the door open to #acquisitions, CEO Jan Dunning told Reuters on Thursday. https://t.co/m0khcGrABy
Our Strategic Goal: Cement current leading Federal #retail positions growing #market share significantly and profitably. #grocerystore
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In 2021, 870 new Russian #suppliers became our partners, which helped us increase the number of #domestic suppliers by 19% y-o-y. Magnit now has almost 5,500 suppliers and nearly half are #local#producers of vegetables, fruit, dairy and meat. #Farmers
We are pleased to announce strong #Q4 2021 #results with a 33.7% year-on-year #revenue increase, reaching RUB 544.6 billion. #EBITDA margin was 7.4%, driven by strong gross margin dynamics. LFL sales showed growth of 9.9%: https://t.co/OV70lvkcGi
#retailnews#sales#grocerystore
Meeting our FY guidance - check! By the end of 2021 we redesigned 703 #stores under the #Magnit#brand, and opened 2,295 stores on a #gross basis. In 2022 we aim to #refurbish around 900 stores and open more than 2,000 stores of different formats. #grocerystore#Retail