The Company’s stores serve almost 17 million customers every day. Magnit utilizes a multiformat model, which includes convenience and drogerie stores, supermarkets, pharmacies, and hard discounters, as well as its own e-commerce delivery service and the Magnit Market online marketplace. The Company has more than 29,000 stores in 67 regions of Russia and also operates M Cosmetic stores in Uzbekistan.
The first M Cosmetic store in Uzbekistan was opened in Tashkent in 2022. Today, the chain has more than 80 stores in Tashkent and Tashkent region, Samarkand, Ferghana, Andijan, and other cities. M Cosmetic is a modern format offering a broad choice of non-food fast-moving consumer goods, including makeup and skincare products, perfumes, household chemicals, personal hygiene articles, as well as products for children, home, and pets.
Magnit is a unique company for Russian retail. Besides selling goods to customers, it operates a private-label food production business. The Company manages several horticultural and manufacturing subsidiaries that produce vegetables, dry foods, and confections across 20 sites in different Russian regions.
The Company’s logistics infrastructure spans 45 distribution centers with more than 5,000 trucks.
Magnit is one of Russia’s largest private employers, with a total headcount of about 350,000 staff.
www.magnit.com/en/