Retailer Magnit obtained long-term lease rights for 58 Radezh-branded stores in Volgograd. The company will redesign retail outlets under the Magnit brand, including 56 convenience stores and 3 drogerie stores. Retail area of stores is 22,000 sq.m. The lease term will be from 7 to 10 years. The stores are scheduled to open between Q4 2021 and Q1 2022.