Lithuanian shoppers are bargain hunters, thrifty, seeking benefits and completely disloyal to store chains or brands. These insights were revealed at the Baltic Retail Forum by BALTMI Baltics Market Insights business development head Artūras Urbonavičius. […]
Lithuania’s Prime Minister Saulius Skvernelis, currently on a visit in Poland, says he sees possibilities for a Polish retail chain to come to the Baltic state. […]
More and more retailers are combining traditional sales models with sales over the internet with goods and service purchases on the internet doubling over the last 5 years. This tendency has had an impact on […]
Lithuanians buy almost half of all essential goods specifically when they are on discount, according to new data from market research company Nielsen. “As many as four out of five Lithuanian shoppers spontaneously purchase goods […]
The retail sector in the Baltic States is highly concentrated with a small number of chains controlling large market shares, particularly in Lithuania and Latvia, according to a new survey. […]
One of the most important and anticipated events in the retail market in Lithuania is the opening of Lidl’s first chain of stores – some expect that Lidl will change the grocery retailing landscape in Lithuania completely but is Lidl really such a threat to the leading grocery retailers in Lithuania? […]
Lithuania’s parliament recently added a new amendment to the Alcohol Control Law, which, from November 2016, will prohibit retailers from displaying discounts on alcoholic drinks. The discounts themselves are not banned, however. […]
Lithuanian economists and business groups have noticed a trend among shoppers: Lithuanians are beginning to turn their backs on large supermarkets in favour of smaller shops and markets. […]
Lidl, which is due to open a raft of stores across Lithuania in the coming months, has signed up a number of major Lithuanian food companies to supply its outlets, indicating it may open as early as the beginning of June. […]
Four supermarket chains currently control almost half of the retail market in Lithuania. It took them about a decade from the mid-1990s to push out small businesses and acquire a power that politicians and economists say is unhealthy for genuine competition. […]
Food prices in Lithuanian supermarkets have grown because retailers have increased their margins, according to Prime Minister Algirdas Butkevičius. […]
Growing consumer demand in Lithuania and the Baltic States is pushing developers to build bigger and bigger shopping centres throughout the three countries. […]
Lithuanians are spending more and more on shopping, ranking third in Europe for growth in consumer expenditure despite the fact that Lithuania has the smallest amount of shopping or retail space per head of population in Europe. […]
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