International Internet Magazine. Baltic States news & analytics
Friday, 30.01.2015, 02:23
The total turnover of "Galactico" shopping malls in Riga – "Alfa", "Mols", "Dole", "Origo", and "Galerija Centrs" – run by the shopping center developer Linstow Center Management, increased by 4% in 2014 as compared to 2013, Linstow Center Management spokeswoman Evija Majevska informed LETA.
Keyword tags: Good for Business, Latvia, Markets and Companies, Retail
Turnover of retail trade and catering enterprises in Lithuania increased in December, but annually decreased28.01.2015
Statistics Lithuania informs that, based on provisional data, in December 2014, the turnover (VAT excluded) of retail trade enterprises* amounted to EUR 842.3 million; against November, it increased by 19.2% at constant prices (seasonally adjusted – increased by 0.1%).
Statistics Lithuania informs that, based on provisional data, in December 2014, the turnover (VAT excluded) of enterprises engaged in wholesale and retail trade and repair of motor vehicles and motorcycles amounted to EUR 181 million and, against November, decreased by 7.4% at constant prices.
The consolidated unaudited sales revenue of the Tallinna Kaubamaja Group in 2014 was 533.3 million euros, having grown by 6.9% compared to the result of 2013, when the sales revenue was 498.7 million euros, the Estonian supermarket and department store operator informed the Tallinn stock exchange, cites LETA.
In November 2014, compared with November 2013, Latvia's retail sales increased 4.7%, which is the seventh fastest growth among all European Union (EU) member states that have provided information, according to latest data collected by Eurostat. The highest increase in retail sales in November was registered in Luxembourg – 10.9%, Estonia – 9%, and Romania – 8.2%, writes LETA.
Data of the Central Statistical Bureau (CSB) show that compared to October the total retail trade turnover in November 2014 rose by 1.3%, according to seasonally adjusted data at constant prices. Retail trade in food products declined by 0.3%, whereas turnover of non-food products rose by 2.3%.
According to Statistics Estonia, in November 2014 compared to November 2013, the retail sales of goods of retail trade enterprises increased 5% at constant prices. Since August, the retail sales growth has remained within a stable of 5–6% compared to the same month of the previous year.