Retail

International Internet Magazine. Baltic States news & analytics Friday, 13.12.2019, 16:37

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Latvia records 2.1% annual inflation in November

Latvia records 2.1% annual inflation in November

09.12.2019

The latest data of the Central Statistical Bureau (CSB) show that in November 2019, compared to November 2018, the average level of consumer prices* rose by 2.1%. Prices of goods increased by 1.8% and prices of services by 2.9%.

Keyword tags: Analytics, Inflation, Latvia, Retail, Statistics



Latvian DIY retailer Depo to open store in Estonia next summer for EUR 45 mln

Latvian DIY retailer Depo to open store in Estonia next summer for EUR 45 mln

04.12.2019

Latvia's building materials and household goods chain Depo is to open its first store along with a warehouse next summer in the new business quarter named Avala in the Veerenni area of Tallinn, the total cost of the development and construction amounts to 45 mln euros., informed LETA/BNS.

Estonia: Stable turnover growth in retail trade enterprises continued in October

Estonia: Stable turnover growth in retail trade enterprises continued in October

02.12.2019

According to Statistics Estonia, in October, the turnover of retail trade enterprises was 640 mln euros. The turnover increased by 4% at constant prices compared to October of the previous year.


Used clothes startup Vinted becomes Lithuania's 1st 'unicorn'

Used clothes startup Vinted becomes Lithuania's 1st 'unicorn'

28.11.2019

Online second-hand clothing marketplace Vinted has raised 128 mln euros in a funding round, making it Lithuania's first "unicorn", a startup company valued at over 1 bn euros, informed LETA/BNS.

Fund of France's Corum buying Depo store in Kaunas

Fund of France's Corum buying Depo store in Kaunas

22.11.2019

A fund of France's Corum Asset Management is buying a store in Kaunas from the owner of Latvia's DIY and household goods chain Depo, Colliers International, a real estate services firm that brokered the deal, said.


13.11.2019

Lithuania's Akropolis Group to present new Akropolis project this year

Lithuania's Akropolis Group hopes to present to the public the project for the construction of a new Akropolis shopping mall near Vingis Park in Vilnius, in the territory of the former Velga production facility, as early as this year, informed LETA/BNS.

08.11.2019

During the year, the average level of consumer prices increased by 2.3%

The latest data of the Central Statistical Bureau (CSB) show that in October 2019, compared to October 2018, the average level of consumer prices* rose by 2.3 %. Prices of goods increased by 1.9% and prices of services by 3.0%.

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