In the retail industry, the fear of ‘Lidl’ vibrates in the air: how small store chains are going

The chain of small stores is determined not to lose competition in the fight with the new player of the Latvian retail industry “Lidl”. Everyone mentions their trump cards and strategies, but in general they anticipate that the biggest impact will still be felt by the trade giants working in the Latvian market.

Representatives of “Aibe”, “top!”, “Elvi” and “Citro” admit that the competition in the field in which they operate is already fierce and growing. The main plan in the face of Lidl is to entice buyers with local products.

Employees, prices, market redistribution

Juris Lamberts, Development Director of SIA “Latvijas Neatkarīgo Tirgotāju kooperācija”, says that “LNTK” continues to increase the number of sales outlets both with the “Aibe” brand and by adding stores that work with its own brands.

See also  here's how they cheat you and how you can defend yourself - Libero Quotidiano

Leave a Comment