The survey included 110 retail companies of 12 different fields. Together, the 110 retailers operate more than 6,000 stores.
Together, the companies included in the survey in 2021 reported overall turnover of EUR27.5 billion, compared with EUR22.9 billion in 2019 and EUR24.8 billion in 2020.
The turnover increase was supported both by new store openings, as well as by consumption rebound in 2021 and rising online sales.
“Romanians’ consumption appetite has pushed retailers to open new store in the past two years, but also focus on developing online sales. This was reflected in the dynamic of 2021 turnover and will most likely boost 2022 figures as well,” says Dana Radoveneanu, Head of Retail Agency, Cushman & Wakefield Echinox.
Among analyzed categories, only footwear store operators saw turnover drop in 2021 against 2019, with all the other fields posting increases ranging between 8.4% and 39.7%, above the inflation rate.
(English version by Catalina Apostoiu)