Fast-growing Russian retailer Magnit said on Monday its November sales grew 35.1 percent, year-on-year, to 39 billion roubles ($1.27 billion) after a 36-percent increase in October.
The company opened 196 outlets last month, bringing its total number of stores to 6,477, compared to 5,023 a year ago, it said in a statement.
Magnit is targeting 30-32 percent sales growth in the whole of 2012.
Source: www.freshplaza.com