Store openings have driven first-half revenue growth at Russian retailer Magnit.
The firm said today (10 July) total sales increased by 32.5% in the first six months of the year.
Gains were primarily driven by D, with 413 new stores opened during the period.
However, the group was also able to book same-store sales growth of 3.5% in the period, as Magnit attracted more customers to its existing stores and grew average basket size.
Source:
http://www.just-food.com/news/magnit-sees-sales-rise_id119731.aspx
