Magnit
Russian retail group
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Magnit is one of Russia's largest food retailers. It was founded in 1994 in Krasnodar by Sergey Galitsky. As of March 2016, the company had 12,434 stores in 2,385 locations. They include 9,715 convenience stores, 225 hypermarkets, 2,337 Magnit Cosmetics stores, and 157 Magnit family stores. The company employs more than 140,000 people and has been opening several dozen stores each month.
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