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IKI: WILL CHANGING OF FADED BANNERS WILL INCREASE MARKET SHARE 2019-07-07

IKI retail chain had very hard recent years – lethargic sleep for almost 2 years ( I am just reminding that there was plans to sell IKI to RIMI), final change of the owners. And finally, all shares are concentrated in REWE hands, finally becoming part of international retail and tourism group family, BILLA (one of REWE retail chain banner) brands Clever, Bon Via appearing on IKI shelves. Opening of refurbished IKI Neris according REWE standards. And everything looks like, that “new” modern player and strong competitor will appear in Lithuanian market.  Unfortunately, we do not think so.

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