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Magnit

Retail

Specialities :
Hypermarkets
Convenience stores
Cosmetic stores
Magnit family stores
Own production

+3

Last Updated: November 20, 2025
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Revenue
$21.59B
funding-icon Total Funding
$2450.0M
Size
201 - 500
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Frequently Asked Questions About Magnit

What does Magnit do?+

Magnit retail chain is the leading food retailer in Russia. The mission of Magnit retail chain is to improve consumer welfare providing them with high-quality convenience goods at reasonable prices. The target audience of the company are customers with different income, the company is operating in four different formats: convenience store, hypermarket, Magnit Family store and cosmetics store. Magnit is the leader by the number of food stores and their geographical coverage. The companys chain of stores included 9711 stores as of December 31, 2014, of which: 8344 convenience stores, 190 hypermarkets, 97 Magnit Family stores and 1080 Magnit Cosmetic...

What are Magnit's specialties? +

Hypermarkets,convenience stores,cosmetic stores,magnit family stores,own production,greenhouse complex,logistics centers,and information technology

What is Magnit's industry? +

Magnit operates in the Retail industry.

What is Magnit's revenue? +

Magnit's revenue is $21.59b

What is Magnit's company size? +

Magnit has 201 - 500 employees.

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