Magnit Announces Opening of 34th Magnit Family Store
OREANDA-NEWS. OJSC “Magnit”, Russia's largest retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 34th “Magnit Family” store.
Please be informed that the Company has opened its 34th “Magnit Family” store located at 5 Energetikov street, Kamenka, Penza region, Volga federal district. Assortment of the store consists of about 4,000 SKUs, out of which about 88% are food items. There are 13 cash desks installed in the sales area. The outlet is owned by the Company. The store is open 7 days a week from 9 am to 10:30 pm.