As of July 2013, the company had 7,416 stores in 1,389 locations. They include 6,209 convenience stores, 132 hypermarkets, 713 Magnit Cosmetics store and 21 Magnit family stores. The company employs more than 140,000 people and has been opening several dozen stores each month.
Since 2006, the company has developed a chain of “Magnit” hypermarkets in many Russian cities and towns. It overtook its rival X5 Retail as Russia's largest retailer in terms of sales in April 2013, although it is still under-represented in Moscow.
This article may be expanded with text translated from the corresponding article in the Russian Wikipedia. (June 2013)
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