Effective retail of Lithuania and innovative solutions of Estonia

This tour will be of interest to businessmen entrepreneurs who plan to expand their business into international markets or are looking for new partnerships and opportunities for cooperation, can study local retail chains, shopping centers and marketing strategies.
Lithuania and Estonia
Food retail, e-commerce, delivery
IKI, Pixevia, Rimi, Maxima, Grab2go, Selver, Envelope, Cognitiwe.ai
5 days of practice
3-7 February 2025
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Tour schedule

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Monday
03/02

Overview of the Baltic retail market, Retail Safari (Lidl)

Tuesday
04/02

Visiting IKI and Pixevia

Wednesday
05/02

Visiting Rimi and Maxima

Thursday
06/02

Visiting Grab2go and Selver

Friday
07/02

Visit Envelope and Grossi Toidukaubad

Monday

Maxima. Taking into account the different needs of customers, shops of different sizes operate in Lithuania - MAXIMA X, MAXIMA XX, MAXIMA XXX and MAXIMA XXXX. In addition to the widest selection of food products, Maxima sells clothes, household goods, household appliances, etc. Large stores also have pizzerias, souvenir shops, and bank branches.

Key figures:

  • more than 400,000 customers visit MAXIMOS stores in Lithuania every day.
  • more than 250 sales points in the Baltic countries.

Tuesday

File:IKI logo.png - Wikimedia Commons

TWO. The strong point of IKI is the extremely wide selection of fresh and quality products at the best prices that can be found in the shops next to the house.IKI retail chain, which is famous for the freshness of fruits, vegetables, meat and fish, bakery products. IKI also runs home delivery startup LastMile, which combines e-commerce and the Click&Collect service, as well as an online store of its own brand.

Key figures:

  • IKI is one of the largest retail chains with 237shops all over Lithuania
  • work in the market more 30 years.

PIXEVIA (@Pixevia) / X

Pixevia — is a Lithuanian company “Magma Solutions, UAB”, known for intelligent retail solutions based on artificial intelligence. The company is implementing a project to create a system based on artificial intelligence for stores, which will be able to intelligently plan the assortment and inventory of the store and ensure the operation of the store 24/7.

Key figures:

  • received the first EU research grant in 2018
  • in 2020, received a second grant to develop an AI-based Smart Store.

Wednesday

Rimi Baltic — Vikipēdija

Rhyme - this popular network covers all the Baltic countries. A rich selection of everyday goods and food products is presented here. Special attention should be paid to the products of the Rimi brand. They are positioned as products of their own production of high quality, but without margin. Although in general, this supermarket chain does not belong to budget ones.

Key figures:

  • the company works more than 12,300 people in all three Baltic states
  • The company is owned by more than 260 stores in Estonia, Latvia and Lithuania

Thursday

Приложения в Google Play – Grab2Go

Grab2go. Grab2go's innovation lies in stand-alone store technology that optimizes work using IoT data.Their innovative solution revolutionizes the activities of stores and pharmacies. The work of the focus is on reducing the daily costs of the business. The company can close problems such as labor shortages, high operating costs and inefficient logistics. They also look at food waste, scaling issues, rental costs, the use of real-time data, and environmental practices such as CO2 neutrality.

Selver logo download in SVG or PNG - LogosArchive

Selves — a network of supermarkets and hypermarkets operating in Estonia. In 2021, they expanded the home delivery area through the Selver online store, thus securing expansion throughout Estonia. With the expansion, e-Selver has become the only electronic grocery store that delivers goods home by courier to every county of mainland Estonia and the major islands throughout the territory.

Key figures:

  • more than 73 outlets in the Baltic countries.

Friday

envelope logo

Envelope. Envelope develops software that monitors inventory levels and makes this data accessible. They customize the operation of the store, which will help your central warehouse plan timely deliveries or freely exchange information with the supplier. The development helps to make sure that the shelves are always full and your customers are satisfied.

Cognitiwe.ai is a company specializing in artificial intelligence and computer vision for retail and manufacturing. Cognitiwe.ai helps businesses streamline processes using video and data analytics to improve efficiency and accuracy. The company actively cooperates with local enterprises to implement innovative solutions that help reduce costs and increase productivity.

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