Retail

International Internet Magazine. Baltic States news & analytics Monday, 18.12.2017, 16:41

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Maxima to invest EUR 1.32 mln in new store in Riga in 2018

Maxima to invest EUR 1.32 mln in new store in Riga in 2018

12.12.2017

Maxima Latvija retail company is set to invest EUR 1.32 million in a new Maxima XXX hypermarket in Riga in 2018, the company’s spokeswoman Zane Udrase told LETA.

Keyword tags: Good for Business, Investments, Latvia, Markets and Companies, Retail



Maxima Latvija invested EUR 1.12 mln in self-service check-out machines

Maxima Latvija invested EUR 1.12 mln in self-service check-out machines

06.12.2017

Maxima Latvija, the company which operates the Maxima supermarket chain in Latvia, has invested over EUR 1.12 million in introducing self-service check-out machines in Latvia in 2017, writes LETA.

In October, retail trade turnover in Latvia grew by 4.5%

In October, retail trade turnover in Latvia grew by 4.5%

30.11.2017

Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to October 2016, in October 2017 total retail trade turnover rose by 4.5%. Turnoverof retail trade in food products increased by 4.5%, turnover of retail trade in non-food products, except for retail sale of automotive fuel, grew by 6.3%, whereas turnover of retail sale of automotive fuel fell by 1.8%.


Estonian retail confidence index drops in November

Estonian retail confidence index drops in November

28.11.2017

The value of the retail confidence index calculated by the Estonian Institute of Economic Research was 5 points in November 2017, down 11 points from October and four points lower than in November 2016, informs LETA/BNS.

Maxima signs deal to buy Poland's Stokrotka

Maxima signs deal to buy Poland's Stokrotka

24.11.2017

Maxima Grupe (Maxima Group), the leading Baltic retailer that owns the Aldik retail chain in Poland, has signed an investment agreement on the acquisition of Stokrotka, a chain of 410 convenience stores in the neighboring country, informs LETA/BNS.


24.11.2017

Pepco to open 1st Lithuania store in Marijampole

Poland's low-cost clothing and household commodities chain Pepco will open its first store in Lithuania in Marijampole, southwestern part of the country, informs LETA/BNS.

21.11.2017

Sales of Latvian Elko Grupa grew by 13.6% in 9 months

Turnover of Latvia’s IT wholesaler Elko Grupa in the first nine months of this year was EUR 955.031 million, which is by 13.6% more than in the respective period last year, while the concern’s profit rose 11.3% to EUR 6.364 million, writes LETA, according to the company’s statement to the Nasdaq Riga stock exchange.

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