Jan 24, 20231 min read

Russia: Russian hard discount chain Blizkiy opens 100th store in Far East

Far Eastern network of hard discounters "Blizkiy" reaches a milestone by opening their 100th store this week. The discount retailer plans...

Jan 18, 20231 min read

Mongolia: Non-food variety discount chain Fix Price enters the Mongolian market

Russian variety discount chain Fix Price has opened the first two stores in mongolia's capital, Ulaanbaatar. The stores which carry about...

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...

Dec 8, 20223 min read

Russia: Discounter Chizik (owned by X5 group) wants to grow to 3,000 stores coming years

Against the background of the current economic situation, more and more retail market experts are recording the growing interest of...

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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