Magnit on the Russian retail market

X5 Retail Group and Magnit together account for 74% of total growth in retail space. In 2018, Magnit, despite lower investment activity, increased its share in the overall growth in retail space by 6.1 percentage points to 24.9% and expanded its total retail space by 497.4 th. sq. m. over the periodexcluding “Magnit Cosmetic” and “Magnit Pharmacy”. Growth in the number of stores of Magnit network in 2018 (1,318 new storesexcluding “Magnit Cosmetic” and “Magnit Pharmacy”) slowed down compared to 2017 (1,624 new storesexcluding “Magnit Cosmetic” and “Magnit Pharmacy”). As was the case in 2017, convenience stores generate most of the growth.

Summary retail dynamics, %
Market size, T RUB ex VAT
Share of players in the Russian retail market, %
Share of players in the retail market of Moscow, %
Share of players in the retail market of St. Petersburg, %
Rating of Russian FMCG retail chains by number of storesAs of January 1, 2019
Rating of Russian FMCG retail chains by retail space, thousand sq.m.Comparable sales