“Marytė retail” begins operations in Lithuania
Translated from Lithuanian and summarized by DistantNews. Read the original for the full story.
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New plan
- Lithuania is preparing to launch the new “Marytė retail” chain, with some stores planned for former Mere premises.
- The company promises low prices and good value, and plans to invest up to €5 million over three years.
- It expects to open 20 stores by the end of the year, 40 next year, and create more than 200 jobs.
A new retail chain is preparing to enter Lithuania’s market, promising low prices and a strong balance between price and quality.
“Marytė retail” plans to open its first stores in September. Some of the locations will operate in premises previously occupied by the Mere chain.
The company says it will invest up to €5 million over the next three years and create more than 200 jobs. It plans to have 20 stores by the end of this year and 40 next year.
Chief executive Povilas Ugianskis said the company is completing lease agreements and preparing renovation work. The chain also says it is seeking financial security for its partners.
More detailed plans, including the locations of the first stores, are expected in the second half of September.
We are completing lease agreements and preparing for renovation work.
About this summary
Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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