We’ll be carrying out scheduled maintenance on Sunday 2nd November. During this time, the site will have limited functionality - some features may be temporarily unavailable.
Thanks for your patience and understanding. We’ll be back to full service shortly!
International analysis: Russia’s Magnit on course to overtake grocery rival | Analysis | Retail Week UAT
Russian grocery retailer Magnit has doubled its profit to $807m (£513.2m) in comparison with 2011. The food retailer reported an impressive net profit margin of 5.57%.