Lithuania: latest retail news, insights and analysis | ESM Magazine

Polish Expansion Helps Boost Maxima Grupe's Revenue In 2019

Lithuanian retailer Maxima Grupė has said that the expansion of its Polish operations helped boost revenue in its 2019 financial year. The group posted...

Jurgita Šlekytė Named New CEO Of Maxima Grupė And Franmax

Jurgita Šlekytė has been appointed as the new chief executive officer of Maxima Grupė UAB and Franmax UAB. She will replace Andris Vilcmeiers, wh...

Maxima To Provide Work For Downtime Employees

Lithuanian retailer Maxima has announced that it will offer short-term employment opportunities to people experiencing downtime due to the coronavirus outb...

Retail Taxes Likely To Affect Consumers, Retailers: EuroCommerce

Retail taxes proposed by EU member states are likely to put retailers out of business and increase consumer prices, the EuroCommerce has said....

Maxima Grupė Posts Consolidated LFL Sales Growth Of 3.8% In H1

Lithuanian retailer Maxima Grupė has posted a 3.8% consolidated like-for-like sales growth in the first half of its financial year ended 30 June 2019. T...

Baltic Inspiration – ESM Catches Up With Rimi Baltic CEO Edgar Sesemann

Retailer Rimi Baltic has ambitious growth plans for its Latvian, Lithuanian and Estonian operations, as chief executive Edgar Sesemann tells Stephen Wynne-...

Lithuanian Trade Enterprises Association Joins EuroCommerce

Lietuvos Prekybos Imonių Asociacija (The Association of Lithuanian Trade Enterprises) or LPIA has joined the EuroCommerce as a new member. EuroCommerce...

Maxima Names New Top Boss For Online Grocery Business Barbora

Lithuanian retailer Maxima Grupė has named Andrius Mikalauskas as the new chief executive officer of its online grocery business, Barbora. The company a...