Rimi Baltic recorded a drop in store sales for the 12 months to December 2009, hurt by decreases in all regions.
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Rimi Baltic’s store sales, excluding VAT, totalled around EUR1.15bn (US$1.67bn) representing a drop of 11.9% on the year.
The retailer, part of Sweden’s retail group ICA, operates 245 stores in the Baltic region; 78 are located in Estonia, 102 in Latvia, and 65 in Lithuania.
For the 12-month period, Rimi Estonia experienced an 8.4% drop in sales to EUR358.4m, while sales for Rimi Latvia dropped 13.2% to EUR557.5m.
Rimi Lithuania sales fell to EUR238.3m, a 13.5% drop on the previous year.
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By GlobalDataFor the month of December alone, total store sales slipped 19.3% to reach EUR106.8m.
