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Economy

What are Lidl’s expansion plans in Lithuania?

The German retailer Lidl opened 15 stores across Lithuania last week. While queues of shoppers on the opening day suggested that the market was starved for budget retailers, Lidl is secretive about its expansion plans in the country. […]

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Opinion

Ban on alcohol discounts in Lithuania will benefit only the big players

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. […]

Economy

Retailer markups not euro to blame for price hikes – Lithuanian PM

Food prices in Lithuanian supermarkets have grown because retailers have increased their margins, according to Prime Minister Algirdas Butkevičius. […]

CORPORATE

Lithuania ranks third in EU for growth in consumer spending

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. […]