Russian Food-Store Tsar Rings Up Billions as Wal-Mart Wavers

File Photo of Cash, Coins, Line Graph

Ilya Khrennikov – Bloomberg – – September 7, 2012 One by one, from the southeastern corner of the continent, Sergey Galitskiy is beating the biggest supermarket chains in Europe. In February, the Russian retailer he founded near the Black Sea, OAO Magnit (MGNT), surged past Metro AG (MEO) of Germany in market value, then overtook Royal Ahold NV of […]

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