Magnit Announces Opening of 36th 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 36th “Magnit Family” store.
Please be informed that today the Company has opened its 36th “Magnit Family” store located at 10A Vorobyova lane (“Grand River” shopping center), Astrakhan, Southern federal district. Assortment of the store consists of about 3,800 SKUs, out of which about 88% are food items. There are 10 cash desks installed in the sales area. The outlet is leased by the Company. The store is open 7 days a week from 9 am to 10 pm.