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Learn moreJan 2018
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In 2017, rising consumer confidence continued to have a positive impact on non-grocery specialists’ performance in Lithuania. Reduced unemployment and growing real wages improved consumer purchasing power.
Store-based non-grocery specialists continue to face an increasing competition from pure online retailers. However, the trend of digitalisation among non-grocery specialists continued.
In August 2016, Topo Centras was the first retailer in Lithuania to offer payment by the Bitcoin cryptocurrency. Initially viewed as a marketing ploy, Topo Centras announced the success of its investment in its first year, with numerous transactions made using this tool.
In 2017, Kesko Senukai Lithuania led non-grocery specialist. The company operated 84 outlets under Senukai in home and garden specialist retailers, where it was the leading player.
Increasing consumer income and consumption is luring international non-grocery specialists to Lithuania. For instance, home and garden specialist retailers welcomed Depo, Latvia’s leading DIY retail chain at the end of 2016.
The growing appeal of Lithuania for international investments is shown by the anticipated entrance of Pepco in apparel and footwear specialist retailers. Pepco has ambitious plans to open around 50 outlets in its first three years.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Non-Grocery Retailers industry in Lithuania with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Non-Grocery Retailers industry in Lithuania, our research will save you time and money while empowering you to make informed, profitable decisions.
The Non-Grocery Retailers in Lithuania market research report includes:
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This industry report originates from Passport, our Retailing market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.