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Maxima has set out plans to invest heavily in the digitalisation of its Latvia operations, while adding structural changes to its real estate.

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Estonian supermarket Selver, owned by the Tallinna Kaubamaja Group, will acquire several stores from the ABC Group. Acquisition to grow Selver’s presence Selver will obtain 16 Comarket stores in Harju, Pärnu and Tartu counties. In addition, it will purchase two Delice supermarket food stores in Viimsi and Pärnu and a Solaris food store in central Tallinn. The deal has yet to be approved ...
ICA reported Q4 and full year consolidated sales, saying total sales rose 2.6% in its final quarter, to SEK30.9 bn (US$3.2 bn), and by 3.4% in the year, to SEK119.3 bn (US$12.4 bn), as a whole. In the fourth quarter ICA said ‘ sales growth was mainly price-driven, but included favourable volume growth in ICA Sweden's wholesale operation, ICA Bank and Apotek Hjärtat ’. ICA developed in line wit...
ICA has released its first half results, reporting consolidated net sales increased by 3.9% to SEK58,627m (US$6.1bn). Operating profit excluding items affecting comparability was SEK2,490m (US$259m) while cash flow from operating activities was SEK4,737m (US$493m). CEO: good H1 but more to do Commenting on the results, CEO Per Strömberg said, “I can affirm that we have had a good first ha...

Presentations

12/05/2020
Coop is the first grocery store chain in Estonia to launch the Celeron 501 grocery robot. The grocery robot, capable of storing fast-moving consumer goods and frozen food, is being tested on the outskirts of Tallinn.
24/02/2020
This guide to Estonia explores the key trends in grocery retail, the outlook for the market over the five year forecast period and the growth strategies of country’s leading retailers.
14/01/2020
In this month's snapshot: Lidl to enter two new markets, Dollar General strong expansion plans, a closer look at Hema partnerships and Aldi store openings to 2024.
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Key presentation

This guide to Estonia explores the key trends in grocery retail, the outlook for the market over the five year forecast period and the growth strategies of country’s leading retailers.

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