Magnit Announces Opening of New Magnit Family Stores
OREANDA-NEWS. PJSC "Magnit", Russia's largest food retailer (the "Company"; MICEX and LSE: MGNT), is pleased to announce the opening of the new "Magnit Family" stores.
Please be informed that today the Company has opened its 84th and 85th "Magnit Family" stores.
The 84th "Magnit Family" store is located at 6, Kommunisticheskaya street, Togliatti, Samara oblast, Volga federal region. Assortment of the store consists of more than 7,600 SKUs, out of which about 88% are food items. There are 9 cash desks installed in the sales area. The outlet is leased by the Company. The hypermarket is open 7 days a week from 9 am to 11 pm.
The 85th "Magnit Family" store is located at 45/4, Krasnaya street, Yeysk, Krasnodar krai, Southern federal region. Assortment of the store consists of more than 7,000 SKUs, out of which about 92% are food items. There are 13 cash desks installed in the sales area. The outlet is leased by the Company. The store is open 7 days a week from 8 am to 11 pm.
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