“Bucharest, with four our of ten stores (the hypermarket format– ed.n.), accounts for half of the Cora business in Romania”, according to company representatives.
According to the latest data from Ziarul Financiar (ZF) data, the best retail stores in Romania, in terms of sales, are the Carrefour Baneasa, Auchan Titan and Cora Lujerului hypermarkets, each with a turnover below EUR100 million annually.
In 2021, French-Belgian retailer Cora, entered the format of small stores, with the Cora Urban concept, which has two units, in Bucharest. This year, Cora closed down a hypermarket, in Baia Mare.
“The Cora chain in Romania consists of ten hypermarkets, located in Bucharest and the cities and towns of Constanta, Ploiesti, Cluj, Bacau and Drobeta-Turnu Severin. Cora has four hypermarkets in Bucharest, respectively Cora Lujerului, Cora Pantelimon, Cora Sun Plaza and Cora Alexandriei.”
Cora store chain ended 2020 with a turnover of RON1.6 billion, down 5.5% from 2019, per ZF calculations based on public data.