Magnit

Magnit profile

A guide to the retailer and its operations today. Updated quarterly to include latest information on performance, strategic developments, marketing initiatives, key personnel and must see stores.

Magnit: data

See data on the retailer’s performance and forecasts for its operations by channel.

Strategic outlook for Magnit

In this report we show how Magnit is having to balance two challenges as part of its transformation strategy for 2023.

Russia country presentation

This guide to Russia explores the key trends in grocery retail, the outlook for the country’s differing channels to 2022 and the growth strategies of its leading retailers.

Latest News

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Despite being the fourth largest convenience retailer in the world, Magnit is not very well-known to businesses outside of Russia. We believe that much can be learned from the retailer as it continues to rapidly expand its store network, embed technology and develop quick commerce capabilities.

More News

We highlight five trends that will shape the convenience channel this year and beyond. RA subscribers can access the full report here . 1) Return of regional divergence COVID-19 removed a lot of the nuances between convenience stores in different markets and regions globally. Many retailers incorporated a wider selection of pantry and essential items. While some categories w...
Magnit has reached an agreement with the Dixy Group to acquire its Dixy and Megamarket stores. The network amounts to 2,612 convenience stores and 39 supermarkets, which are supported by five distribution centers. On the acquisition’s completion, it is forecast to boost Magnit’s 2021 sales of RUB1,780 bn (US$24.1 bn) by up to RUB300 bn (US$4.7 bn), a 17% increase. Magnit closes the gap on X5… ...
The convenience channel remains a great opportunity for growth. We have published a series of new reports for our IGD Retail Analysis subscribers: The convenience channel’s global outlook Global growth opportunities Multiformat retailers trading convenience stores Below are some of the key highlights to help you plan for the future... Use IGD’s view to drive change...
Retail Analysis 5–year forecasts

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