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Magnit

  • Ticker MGNT
    Exchange LSE More
  • Industry Discount, Variety Stores More
  • Sector Consumer Goods More
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  • 10,000+ Employees
  • Based in Krasnodar, Russia
Magnit, together with its subsidiaries, engages in the retail and distribution of food and consumer goods under the Magnit name. It operates retail business through convenience stores, cosmetic stores, supermarkets, drogerie stores, pharmacies, and others. As of March 31, 2021, the company operated 39 distribution centers and 21,900 stores, including 15,098 convenience, 471 supermarketsMore, and 6,331 drogerie stores in 3,770 cities and towns throughout 7 federal regions of Russia.
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