May 5, 20231 min read

Russia: Magnit opens first B1 discount store in Moscow

Since February the largest European retail chain, Magnit, runs 2 discount concepts, My Price and B1. The latter shows a bit more features...

Mar 6, 20232 min read

Russia: Magnit announces new appointments for their new discount format - B1

Retail chain Magnit appointed the main top managers in a new format of hard discounters. The first B1 stores opened last month. The...

Feb 28, 20233 min read

Russia: Magnit launches its second discount concept B1

Russian largest retail chain Magnit (owned by Marathon Group and list on MCX: MGNT, LSE: MGNT) launches its second discount format B1....

Feb 2, 20231 min read

Russia: Magnit plans to invest over 2 billion rubles in the development of the network in North-West

Largest retail chain in Europe (Magnit) plans to open more than 160 outlets in the North-West of Russia in 2023. The main part of the...

Jan 12, 20231 min read

Russia: After the successful launch of My Price, Magnit wants to launch another discount concept

Largest Russian retail chain Magnit (more than 27,000 stores), plans to launch a new discount format, while the relative new My Price...

Dec 15, 20222 min read

Russia: Magnit races to open Discount Stores as living standards slump

Russian Retail Chain Magnit (MCX listed) plans to continue the rapid roll-out of discount stores next year as shoppers across the country...

Dec 15, 20222 min read

Russia: Magnit opens 700th My Price discount store

Largest Russian supermarket chain Magnit plans to continue the rapid roll-out of discount stores next year as shoppers across the country...

Nov 30, 20222 min read

Russia: Retailer Magnit opens over 500 My Price discount stores

Largest Russian retailer Magnit has expanded their discount network My Price with over 500 stores in 60 districts across Russia. Discount...

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