Retail

International Internet Magazine. Baltic States news & analytics Friday, 09.12.2016, 11:43

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Retail trade turnover in Latvia increased by 0.2% in October

Retail trade turnover in Latvia increased by 0.2% in October

30.11.2016

Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to October 2015, total retail trade turnover in October 2016 rose by 0.2%. Turnover of retail trade in food products decreased by 2.7%, whereas the turnover of retail trade in non-food products increased by 2.0%.

Keyword tags: Analytics, Latvia, Retail, Statistics



Estonia launches application for declaring parcels online

Estonia launches application for declaring parcels online

29.11.2016

Estonian Tax and Customs Board on Tuesday launched an application for declaring parcels online, writes LETA/BNS.

Construction of multifunctional shopping and recreation center Akropole begins in Riga

Construction of multifunctional shopping and recreation center Akropole begins in Riga

29.11.2016

Preparations for construction of the multifunctional shopping and recreation center Akropole got under way at 257 Maskavas Street in Riga today, as Akropole representative Kristine Bambe told LETA.


EUR 3.3 million spent on K-rauta stores' transformation into K Senukai

EUR 3.3 million spent on K-rauta stores' transformation into K Senukai

28.11.2016

Kesko Senukai Latvia (formerly Rautakesko) DIY, house and gardening store chain has so far spent EUR 3.3 million on the transformation of former K-rauta stores into K Senukai, the company informed BC.

Rimi shareholder confirms talks on purchase of Iki chain

Rimi shareholder confirms talks on purchase of Iki chain

25.11.2016

wedish company ICA Gruppen, which operates the Rimi retail chain in Lithuania, has officially confirmed it was holding talks on the acquisition of Iki retail chain, reports LETA/BNS.


25.11.2016

Latvia's Depo DIY opend 1st store in Lithuania

Latvia's building materials and household goods chain Depo has opened its first store in Klaipeda, making it the first store in Lithuania. According to informal reports, investments in the store totaled about 15 mln euros (excluding VAT).

21.11.2016

Lidl plans to invest another EUR 60 mln in expansion in Lithuania next year

Germany's retail chain Lidl, which entered the Lithuanian market last June, has unveiled plans to invest around 60 mln euros in expansion next year, the same amount as this year, but it would not disclose how many new stores it expects to open in the country in 2017, reports LETA/BNS.

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