Reporter
Cristina Roșca
- Fields
- Companies, Retail&Consumer, Analysis
- Writing for ZF since
- 2011
- Articles
- 493
Fashion Retailers Come And Go In Romania, Triaged By The Crisis
Nobody knows which came first, but we know the latest ones to leave. Esprit, Etam and Celio join the ranks of fashion retailers leaving the local market. They are not the only ones, but they...
Franke Expects 5% Higher Sales, Plans To Open Nine Showrooms
Kitchen systems maker Franke sees this year’s growth on the Romanian market at 5%, after its sales stagnated at about EUR10 million in 2011.
At Least 20 Minimax Stores Closed Down, Several Mic.Ro Stores Closed Their Shutters
At least 20 Minimax Discount stores, held by Romanian businessman Dinu Patriciu, are closed for customers, and their future is in doubt.
Profi Sales Up 7% In 2011, Goes Ahead With Expansion Plans
Profi supermarket chain maintains its expansion plans for 2012, despite posting weaker-than-expected sales last year.
Mega Image Begins 2012 With Three Store Openings
Mega Image, the Belgian-owned retailer that owns the supermarket chain by the same name and the Shop & Go convenience stores on the Romanian market, will open three new stores in Bucharest e...
Cigarettes Make Up Almost Half Of Traditional Retail’s Revenue
The bulk of the revenue of traditional retailers in Romania, almost 46%, comes from sales of cigarettes. Non-food consumer goods except cigarettes account for merely 7.6% in the sales, which...
Titan Supplies McDonald’s Buns To Several European Countries
Titan (MPN.RO), one of the largest players in the Romanian bakery industry, has become a supplier of buns for fast-food giant McDonald’s to several European countries. Titan currently delive...
Supermarkets Opened Almost 80 Stores, Invested Up To EUR120M in 2011
Like 2010, this year was the year of supermarkets, after discount chains became the most dynamic segment of modern retail in 2009. This year saw the opening of almost 80 supermarkets, with t...
Fashion Retail Heavyweights Opened Almost 50 Stores And Hired Over 1,000 People In 2011
2011 was the year of the “big four” clothing retailers operating on the local market, Inditex, H&M, New Yorker and C&A. Although consumer spending continued to decline by over 5% this year,...
Fornetti Story: From EUR40 Million Sales To Insolvency
About a decade ago, pastry shop chain Fornetti, the largest network of pastry kiosks in Romania (1,100) entered the local market. A week ago, the chain filed for insolvency under the pressur...
Top 10 Events That Marked Food Retail In 2011
Although the crisis has lingered on and consumption continued to decline, 2011 has been a good overall year in the retail sector, estimated at EUR16 billion. The new market entries, the laun...
Petrescu, City Grill: Crisis Has Allowed Us To Grow Much More Than In Boom Years
Dragos Petrescu, owner of restaurant chain City Grill and manager of Caru’ cu Bere, says the crisis has allowed him to expand significantly in the last two years because land prices and rent...