Grocery retail in Lithuania is expected to record slow retail value sales grow at constant 2022 prices over the forecast period. Despite grocery retailers' efforts to provide lower prices, discounts, and other forms of support for consumers during challenging economic times, shoppers are likely to remain cautious of how they spend their money.
Discounters are expected to have a major impact on the development of grocery retailers over the forecast period, as it remains the most cost-effective option for consumers during cost-of-living crises. In particular, Lidl is likely to continue its active expansion throughout the country through the opening of new outlets and becoming available to a larger consumer group.
The increase in technological advancements and consumers' growing demand for convenience has seen a rise in self-checkout service. Indeed, larger chain retailers, such as Maxima and Rimi increased the number of self-service cashiers during the review period.
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Modern and traditional retailers selling one or more of the following, as the primary focus, from retail outlets, kiosks or market stalls: food, beverages, and/or tobacco. This is the aggregation of convenience retailers, supermarkets, hypermarkets, discounters, warehouse clubs, food/drink/tobacco specialists, and small local grocers.See All of Our Definitions
This report originates from Passport, our Grocery Retailers research and analysis database.
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