Feb 19 • 14:13 UTC 🇱🇹 Lithuania Lrytas

Half-Year Results: Rimi is the Second Cheapest Retail Chain in Six Months

Research shows that Rimi has solidified its position as one of the cheapest grocery chains in Lithuania over the past six months.

Recent research conducted in Vilnius and Kaunas reveals that Rimi has maintained its position as one of the most affordable grocery chains in Lithuania for the past six months. Price comparisons across various food categories, including dairy, meat, grains, fruits, vegetables, beverages, and staple grocery items, show that Rimi consistently outperforms its competitors, particularly in dairy, beverage, and grocery categories. This trend indicates not just a temporary price change but a long-term commitment to affordability, solidifying Rimi's reputation in the market.

The success of Rimi in becoming a competitive retail player can be attributed to strategic changes following its acquisition of Denmark's Salling Group, which was the largest retail acquisition in the Baltic region in the past decade. This acquisition has paved the way for significant strategic adjustments across Rimi's operations in Lithuania and surrounding countries. The clear priority set by Rimi post-acquisition has been to establish itself as a go-to location for everyday shopping, focusing on offering competitive prices for its customers.

Rimi's sustained efforts to provide affordable pricing not only enhance customer satisfaction but also position the chain advantageously within the current economic climate. As grocery prices fluctuate in the region, Rimi's dedication to maintaining low prices could lead to future market growth and dominance, which is crucial as it competes with other major players in the Lithuanian retail market. The ongoing strategy seems to be yielding positive results, establishing Rimi as a key player in the everyday shopping landscape in Lithuania.

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