According to him, Magnit expects to increase its competitiveness after the start of supply of Turkish products.

"Close grey import never fails. We as a large company do such things do, and now that we buy directly, we become more competitive in relation to those people who were involved in schemes. We suffered, when they saw that grey imports were in one way or another on the territory of the country", — he explained.

Russian President Vladimir Putin on October 10 announced the lifting of restrictions on the import of Turkish products – stone fruits and citrus. A day later, the government published a decree authorizing imports of certain fruit – embargo repealed in respect of fresh and dried oranges and tangerines, fresh apricots, peaches and nectarines, plums.

Sergey Galitsky also said that by the end of this year, the retailer will update 150-160 its stores in the coming year – another 1-1,5 thousand objects.

He noted that the company is optimistic about the Updater, though a little late with its implementation. Overall, the "Magnet" pleased with the results.

"All new stores with 15 to 20 October, opens in a new format. Long-serving shops which we repaired, show an increase in sales from 20% to 60%. Averaged about 30-35%", — said the head of the retailer.

At the same time S. Galitsky noted that sales growth was not only influenced by the update of the object, but also some other changes, including in the assortment matrix.

About the company:

"Magnet" has almost 13 thousand 2.4 thousand settlements of the country, the share network in the food retail market is more than 7%, follows from data of the company for the first six months of 2016. The company is the industry leader in revenue for the first half of 2016, the network turnover amounted to 522 billion.

magnit-info.ru