MAGNIT focuses on convenience growth after bruising first half

24 July 2017 (Updated: 14:28 GMT)
Russian retail giant Magnit’s sales were up 7.4% to RUB284.7 billion in H1 2017. However, like-for-likes were down 1.4% overall. Hypermarkets continued to drag down the business as a whole with big-box traffic down 11.2% compared to H1 2016...