Grocery Retailers in Latvia

In recent years, the situation in grocery retailers in Latvia was mainly driven by the country’s overall economic performance. During the economic crisis, Latvian consumers, assaulted by VAT tax increase and job cuts, dramatically reduced their spending. As a result, retailers froze their expansion projects and focused on adapting their assortment to appeal to struggling local customers. In 2010, however, the Latvian economy stabilised and even managed to return to growth in 2011.

Euromonitor International's Grocery Retailers in Latvia report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.

Product coverage: Modern Grocery Retailers, Traditional Grocery Retailers.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Grocery Retailers market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of contents

Headlines
Trends
Traditional Vs Modern
Competitive Landscape
Prospects
Channel Formats
Chart 1 Modern Grocery Retailers: Rimi hypermarket in Riga
Chart 2 Modern Grocery Retailers: Super Netto discounter in Riga
Chart 3 Modern Grocery Retailers: Beta convenience store in Riga
Chart 4 Modern Grocery Retailers: Narvesen convenience store in Carnikava
Chart 5 Traditional Grocery Retailers: Piena un Maizes Nams Daugava in Carnikava
Chart 6 Traditional Grocery Retailers: Latvijas Balzams food/drinks/tobacco specialist retailer in Riga
Channel Data
Table 1 Sales in Grocery Retailers by Channel: Value 2007-2012
Table 2 Grocery Retailers Outlets by Channel: Units 2007-2012
Table 3 Sales in Grocery Retailers by Channel: % Value Growth 2007-2012
Table 4 Grocery Retailers Outlets by Channel: % Unit Growth 2007-2012
Table 5 Grocery Retailers Company Shares: % Value 2008-2012
Table 6 Grocery Retailers Brand Shares: % Value 2009-2012
Table 7 Grocery Retailers Brand Shares: Outlets 2009-2012
Table 8 Grocery Retailers Brand Shares: Selling Space 2009-2012
Table 9 Forecast Sales in Grocery Retailers by Channel: Value 2012-2017
Table 10 Forecast Grocery Retailers Outlets by Channel: Units 2012-2017
Table 11 Forecast Sales in Grocery Retailers by Channel: % Value Growth 2012-2017
Table 12 Forecast Grocery Retailers Outlets by Channel: % Unit Growth 2012-2017
Baltstor Sia in Retailing (latvia)
Strategic Direction
Key Facts
Summary 1 Baltstor SIA: Key Facts
Summary 2 Baltstor SIA: Operational Indicators
Internet Strategy
Company Background
Private Label
Summary 3 Baltstor SIA: Private Label Portfolio
Competitive Positioning
Summary 4 Baltstor SIA: Competitive Position 2012
Chart 7 Modern Grocery Retailers: Mego supermarket in Carnikava
Latvijas Tirgotaju Kooperacija Aibe Sia in Retailing (latvia)
Strategic Direction
Key Facts
Summary 5 Latvijas Tirgotaju Kooperacija AIBE SIA: Key Facts
Summary 6 Latvijas Tirgotaju Kooperacija AIBE SIA: Operational Indicators
Internet Strategy
Company Background
Private Label
Competitive Positioning
Summary 7 Latvijas Tirgotaju Kooperacija AIBE SIA: Competitive Position 2012
Chart 8 Modern Grocery Retailers: Aibe convenience store in Saulkrasti
Maxima Latvija Sia in Retailing (latvia)
Strategic Direction
Key Facts
Summary 8 Maxima Latvija SIA: Key Facts
Summary 9 Maxima Latvija SIA: Operational Indicators
Internet Strategy
Summary 10 Maxima Latvija SIA: Share of Sales Generated by Internet Retailing
Company Background
Private Label
Summary 11 Maxima Latvija SIA: Private Label Portfolio
Competitive Positioning
Summary 12 Maxima Latvija SIA: Competitive Position 2012
Chart 9 Modern Grocery Retailers: Maxima XX Hypermarket in Jelgava
Chart 10 Modern Grocery Retailers: Maxima convenience store in Riga
Rimi Latvia Sia in Retailing (latvia)
Strategic Direction
Key Facts
Summary 13 Rimi Latvia SIA: Key Facts
Summary 14 Rimi Latvia SIA: Operational Indicators
Internet Strategy
Company Background
Private Label
Summary 15 Rimi Latvia SIA: Private Label Portfolio
Competitive Positioning
Summary 16 Rimi Latvia SIA: Competitive Position 2012
Chart 11 Modern Grocery Retailers: Rimi hypermarket in Riga
Chart 12 Modern Grocery Retailers: Rimi supermarket in Riga
Chart 13 Modern Grocery Retailers: Supernetto in Riga
Executive Summary
Retail Sales Accelerate in Line With Economy
Leading Grocery Players Actively Open New Stores
Non-grocery Retailers Expands Faster Than That of Grocery Format
Two Leading Players Continue To Control Grocery Retailers in Latvia
Stable Growth Predicted Over Forecast Period
Key Trends and Developments
Rapid Economic Recovery Renews Consumer Purchasing Power
Frequent Changes in Vat and Income Taxes Frustrate Retailers and Consumers
Foreign Direct Investment Continues To Drive Economy
Accelerating Consumption Offsets the Effects of Shrinking Population
Increased Usage of Smartphones Likely To Change Retailers' Communication With Customers
Biggest Grocery Retailers Offer Various Additional Services To Entice Customers
Market Indicators
Table 13 Employment in Retailing 2007-2012
Market Data
Table 14 Sales in Retailing by Category: Value 2007-2012
Table 15 Sales in Retailing by Category: % Value Growth 2007-2012
Table 16 Sales in Retailing by Grocery vs Non-Grocery: 2007-2012
Table 17 Sales in Store-Based Retailing by Channel: Value 2007-2012
Table 18 Store-Based Retailing Outlets by Channel: Units 2007-2012
Table 19 Sales in Store-Based Retailing by Channel: % Value Growth 2007-2012
Table 20 Store-Based Retailing Outlets by Channel: % Unit Growth 2007-2012
Table 21 Retailing Company Shares: % Value 2008-2012
Table 22 Retailing Brand Shares: % Value 2009-2012
Table 23 Store-Based Retailing Company Shares: % Value 2008-2012
Table 24 Store-Based Retailing Brand Shares: % Value 2009-2012
Table 25 Store-Based Retailing Brand Shares: Outlets 2009-2012
Table 26 Forecast Sales in Retailing by Category: Value 2012-2017
Table 27 Forecast Sales in Retailing by Category: % Value Growth 2012-2017
Table 28 Forecast Sales in Store-Based Retailing by Channel: Value 2012-2017
Table 29 Forecast Store-Based Retailing Outlets by Channel: Units 2012-2017
Table 30 Forecast Sales in Store-Based Retailing by Channel: % Value Growth 2012-2017
Table 31 Forecast Store-Based Retailing Outlets by Channel: % Unit Growth 2012-2017
Appendix
Operating Environment
Table 32 Key Latvian Shopping Centres: Sales Value 2006-2009
Cash and Carry
Table 33 Cash and Carry: Sales Value 2007-2012
Table 34 Cash and Carry: Sales by National Brand Owner: Sales Value 2009-2012
Table 35 Cash and Carry: Number of Outlets by National Brand Owner: 2009-2012
Definitions
Sources
Summary 17 Research Sources

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By market: Latvia (in Europe)