Retail

International Internet Magazine. Baltic States news & analytics Saturday, 26.09.2020, 22:09

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SEB survey: Consumption in Estonia at same level as last year at end of summer

SEB survey: Consumption in Estonia at same level as last year at end of summer

21.09.2020

An analysis of consumer behavior conducted by SEB among Estonian people in August shows that consumption reached the same level by the end of summer as at the same time last year, reported LETA/BNS.

Keyword tags: Analytics, Banks, Estonia, Financial Services, Markets and Companies, Retail



Saga shopping mall in Riga to open in November

Saga shopping mall in Riga to open in November

18.09.2020

Shopping mall Saga in Riga will open on November 10, as the mall's representatives told LETA.

Lithuania's Maxima Grupe ups revenue 6.3%

Lithuania's Maxima Grupe ups revenue 6.3%

18.09.2020

Maxima Grupe (Maxima Group), a Vilnius-based retail chain operator indirectly owned by Lithuanian businessman Nerijus Numa (formerly known as Numavicius), posted 2.05 bn euros in consolidated revenue for the first half of this year, up 6.3% from the same period last year, with the group saying that its expansion in Poland had impact on the result, informed LETA/BNS.


Estonia: People prefer e-commerce while enterprises prefer cloud services

Estonia: People prefer e-commerce while enterprises prefer cloud services

17.09.2020

According to Statistics Estonia, 56.5% of the population aged 16–74 used e-commerce in the last three months. Compared to last year, the overall popularity of e-commerce has remained the same, but the amounts spent on purchasing goods and services have increased. The results of the enterprise survey showed that more than half of the companies using the internet use paid cloud services.

Estonian competition watchdog: Markup system for medicines inadequate

Estonian competition watchdog: Markup system for medicines inadequate

02.09.2020

The current system of markups for pharmaceuticals in Estonia is inadequate and supervision thereof fragmented, according to the Estonian Competition Authority, writes LETA/BNS.


02.09.2020

Baltic clothes retailer Apranga's January-August sales down 15% to EUR 128.5 mln

Apranga, the Baltics' biggest clothing retailer, saw its retail sales for January-August drop by 15.2% y-o-y to 128.5 mln euros, including VAT, reported LETA/BNS.

01.09.2020

First store of Czech leather and fur clothing brand Kara opens at Akropole in Riga

The first store of Czech leather and fur clothing brand Kara in the Baltics has opened at the Akropole shopping mall in Riga, the mall's representatives informed LETA.

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