Retail

International Internet Magazine. Baltic States news & analytics Wednesday, 18.10.2017, 15:54

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Prisma in Estonia to sell Tesco private label products

Prisma in Estonia to sell Tesco private label products

17.10.2017

Retailer Prisma will on October 18th start selling private label products of the British retailer Tesco at its stores in Estonia, reports LETA/BNS.

Keyword tags: Estonia, EU – Baltic States, Good for Business, Markets and Companies, Retail



Elko Grupa the largest company in Latvian IT and computer technology industry in 2016

Elko Grupa the largest company in Latvian IT and computer technology industry in 2016

16.10.2017

Elko Group, a distributor of IT products and solutions, was the largest IT and computer technology company in Latvia last year when the company turned over EUR 381.963 million, according to the Latvian Business Annual Report collated by Firmas.v and information agency LETA.

Rimi is leader of Latvia’s retail sector in 2016

Rimi is leader of Latvia’s retail sector in 2016

12.10.2017

Last year Rimi Latvia, running Supernetto and Rimi stores, was the leader in the retail sector with EUR 830.874 million in annual turnover, according to the Latvian Business Annual Report compiled by Firmas.lv and LETA.


Rimi Eesti to bring all Saatumarkets under own brand by end-2017

Rimi Eesti to bring all Saatumarkets under own brand by end-2017

12.10.2017

Rimi Eesti Food AS, Estonian operation of the Scandinavian retailer Rimi, has brought almost all stores of the former Saastumarket discounter chain under its own brand, with the last Saastumarket stores to switch to the Rimi brand before the end of the year, informs LETA/BNS.

Numavicius' company invests further EUR 38 mln in Britain's McColl’s

Numavicius' company invests further EUR 38 mln in Britain's McColl’s

06.10.2017

Lithuania's richest man Nerijus Numavicius has invested another 33.6 million British pounds (EUR 37.85 mln) in the United Kingdom's second-largest retail chain McColl’s Retail Group, becoming one of its biggest shareholders after buying nearly a tenth of its shares to bring the total portfolio to 11.3%, informs LETA/BNS.


04.10.2017

Rimi Lithuania proposes to sell some stores to get regulatory OK for Iki takeover

Rimi Lietuva proposes to sell 17 Iki and Rimi stores in Vilnius, Kaunas, Klaipeda and Panevezys, accounting for 6% of the two companies' combined chain, to third parties to secure regulatory approval for its planned takeover of Iki, Lithuania's largest grocery chain, informs LETA/BNS.

02.10.2017

Baltic sales of Apranga grew by 3.6% in 9 months

Sales of the listed Lithuanian clothing company Apranga Group on the Estonian market increased 8% on year in the first nine months of 2017. The group's retail sales in the three Baltic countries totaled 159.4 million euros in the nine-month period, which represents an increase of 3.6% over the year, informs LETA/BNS.

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