Magnum had six stores in Tashkent, as indicated on its website: five of them operated in the supermarket format, one in the hypermarket format. According to Forbes Kazakhstan, some have already been closed, and some are selling off leftovers.

Magnum entered the Uzbek market in December 2021, opening its first outlet in Tashkent, a 5,000-square-meter hypermarket, and then a second in supermarket format.

Azamat Osmanov, the head of Magnum Cash&Carry, said at the time that it took about two years to prepare for entering the neighboring market, and announced plans for investments of about $20 million during the first year of its presence.

In August 2023, Magnum acquired the company that owned the Carrefour supermarket chain in Uzbekistan, Majid Al Futtaim LLC Uzbekistan. And at the same time, he received a "portfolio" of six outlets that the French chain had in this country - five in Tashkent and one in Samarkand, and which, under the terms of the agreement, he had to relaunch under his own brand. By November 2023, Magnum had seven stores in Tashkent and plans to open ten more in 2024, Magnum Logistics Director Mikhail Filippov shared this information at a trade forum in Almaty.

Analysts believe that Magnum has not fully learned from the mistakes made by the Carrefour network at the time. This factor has created problems in the transformation of these retail facilities into efficient retail business units.