Retailer Magnit in 2023 will open 2 thousand bakeries in at home stores in all 67 regions of the chain's presence. There are currently 660 bakeries in operation. Assortment depends on the location of the outlet, but on average there are 33 items. On the sales floor, bakery departments are visually highlighted and arranged so that visitors can quickly make a...

Magnit retailer will suspend Magnit Pay payment cards starting March 27. The payment service was launched jointly with VTB in December 2020 as part of an application based on Magnit's loyalty program. Magnit Pay card could be used to pay for purchases in the Magnit chain, as well as in other stores. The company did not explain the reasons for discontinuing t...

Retailer Magnit plans to launch a center for growing green crops. New enterprise Greens of the South will grow 10 types of greens, both familiar to consumers and more rare on the tables of Russians: parsley, dill, green onions, sorrel, spinach, basil, mint, rosemary, arugula and thyme. Area under green crops will be 12 hectares, the planned production volume...

Retailer Magnit agreed with Tatspirtprom to distribute the chain's exclusive Sombrero tequila brand in other channels. Magnit imports this tequila from Mexico itself only for its stores so far. This summer Tatspirtprom shall begin supplying Sombrero to the HoReCa segment, non-network retail and part of the regional chains. This should increase brand recognit...