Retail

International Internet Magazine. Baltic States news & analytics Sunday, 26.01.2020, 21:09

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Indoor Group opens Asko, Sotka e-stores in Latvia

Indoor Group opens Asko, Sotka e-stores in Latvia

15.01.2020

Indoor Group AS, Estonian subsidiary of the Finnish home furniture and interior furnishing retailer of the same name, has opened Asko and Sotka e-stores in Latvia, informed LETA/BNS.

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



Rimi Baltic retailer stops buying Grigeo products amid pollution scandal

Rimi Baltic retailer stops buying Grigeo products amid pollution scandal

14.01.2020

Rimi Baltic retail company has stopped buying products from Lithuanian cardboard and paper product maker Grigeo which has polluted the Curonian Lagoon with its untreated wastewater, Regina Ikala, a spokeswoman for Rimi Latvia, informed LETA.

Monton and Mosaic collections  will be available under a single brand

Monton and Mosaic collections will be available under a single brand

14.01.2020

In response to the ever-changing retail trends, the Baltic company Baltika Group representing fashion brands Monton, Mosaic, in Latvia, as well as premium brands Ivo Nikkolo and Baltman, has begun restructuring its business and changing its existing concept at the end of 2019. As a result, Monton and Mosaic will be merged under a single brand, BC was told at the company.


Court bans Lidl from constructing access road to its store in Riga

Court bans Lidl from constructing access road to its store in Riga

13.01.2020

Administrative District Court has banned German retailer Lidl from constructing an access road to its store on Dzelzavas Street in Riga as the project is presumed to be unlawful, LETA was told at the court.

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

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

10.01.2020

The latest data of the Central Statistical Bureau (CSB) show that in December 2019, compared to December 2018, the average level of consumer prices* rose by 2.3%. Prices of goods increased by 2.1% and prices of services by 2.6%.


10.01.2020

Five IKEA suppliers suspend purchase of Grigeo Klaipeda products

Five Lithuanian furniture producers supplying their products to Swedish furniture store chain IKEA are suspending the purchase of products produced by Grigeo Klaipeda, a Klaipeda-based cardboard producer, after it released untreated wastewater into the Curonian Lagoon, informed LETA/BNS.

09.01.2020

Lithuania's major retailers invested EUR 88.4 mln in expansion in 2019

Lithuania's top five supermarket chains invested a total of 88.4 million euros in expansion last year, according to the business daily Verslo Zinios information reported LETA/BNS.

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