Russian retailer, Magnit, has announced this week that its September sales grew by 36%, year on year, to 36.1 billion roubles ($1.16 billion US), after rising 34% in August.
Last month the company obtained 145 new outlets, bringing the total number of stores to 6,119.
Last month Magnit raised its full-year sales growth guidance for 2012 to 30-32 percent from 30 percent and said that it expected growth to slow to 25-27 percent next year.
Source: www.freshplaza.com