Retailer “Magnit” has opened its own pharmacy

MOSCOW, July 10. /TASS/. Retailer Magnit, the largest number of stores in Russia, opened the first private pharmacies in Krasnodar, said in a statement.

“Four trading points earned in Krasnodar on the basis of “neighborhood” stores and hypermarkets retail network”, – stated in the message.

The range of “Magnet Pharmacies” includes more than 3.5 thousand products, including cosmetics, products for the whole family, baby food, medical products and seasonal products (repellents, cough medicines, etc.).

“Magnet” also plans to launch a separate website for the pharmacy network.

“Magnit” is the leader in the number of food stores and their placement in Russia. As of March 31, the company’s network included 14,309 thousand shops, including 10,709 thousand shops in a format “at home”, 237 hypermarkets and 189 convenience stores “Magnit Family” and 3,174 thousand “Magnit Kosmetik”.

The largest shareholder of Magnit founder and CEO Sergey Galitsky, who directly owns 38.6% of the shares. Approximately 54% of shares are in free float.