Durable goods sales have decline “dramatically” in recent years, especially on the electronics and appliances segment, Vlad said Thursday during a seminar held by business daily Ziarul Financiar.
However, food product consumption has stagnated in volume but declined in value, as clients turn to cheaper products.
The Selgros official believes modern retail will expand in upcoming years, especially through small stores. Furthermore, there should be a shift from universal stores to specialized stores.
Selgros Cash&Carry is owned by the Rewe International group. Other Rewe operations in Romania include Billa and Penny Market.