Photo: Shutterstock.com
In Slovakia, Tesco is now in the rear mirror for German supermarket chain Lidl, whose profits for 2020 (over EUR 126 million) have exceeded that of the British retailer, which has been the market leader in the country for some time.
Lidl overtaking Tesco in Slovakia can be attributed to the former’s revenues of EUR 1.5 billion for 2020, and the latter’s growth in the country having stalled. Observers attribute Lidl’s success to its efficient management and the increasing number of outlets in Slovakia which now number 151.
Source: Euractiv
A total of three US soldiers were found dead while a fourth remains missing after…
The US and Russia are discussing the potential reopening of the Nord Stream 2 gas…
Republika Srpska (RS) President Milorad Dodik announced that he had arrived in Moscow on Monday…
Startups in Central and Eastern Europe (CEE) are growing faster than in Western Europe and…
Romania and Poland have gender pay disparities among the lowest in the EU, according to…
European leaders met in Brussels on 20 March to confront a mounting policy dilemma: how…