LIDL
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Lidl Brings CEO Of Romanian Network From Poland
German retailer Lidl, the latest arrival in the Romanian retail sector, will appoint Maksymilian Braniecki as chief executive of the local store chain, market sources say.
Top Retailers Invested Hundreds Of Millions Of Euros In New Stores In 2011
Modern retailers continued to invest hundreds of millions of euros this year in the opening of 150 new stores, despite the 4.5% decline of consumer spending in the first ten months.
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...
Lidl On Course To Pass 125-Store Mark
Lidl Romania, the German retailer that embarked upon the most aggressive expansion campaign, will open at least six stores by yearend and is on course to overshoot the 125 mark on this marke...
Three Cluj Residents Get EUR1M From Lidl
Three Cluj county entrepreneurs, who own Ruttrans, a company with a turnover of just EUR500,000 in 2010, collected EUR1 million from the sale of a 5,000 square-meter plot to German discount...
Retail Networks Push For Expansion After Combined Profit Doubled Last Year
The consumers' lower disposable income, the sales tax increase and the economic crisis are not reflected in the balance sheets of the major retailers operating in Romania. The combined profi...
With 118 Stores, Lidl Becomes Largest Retail Network
As of October 10, discount chain Lidl will become the largest modern retailer on the Romanian market in terms of store numbers, after opening 11 greenfield stores and reaching a total of 118...
Lidl Opens First Greenfield Stores In Romania
German retailer Lidl will officially launch Monday the first stores it has constructed from scratch in Romania, after it recently upgraded and rebranded the 107 Plus units acquired from Teng...
Profi Joins Penny Market And Lidl In The 100+ Stores League
Polish investment fund Enterprise Investors has doubled the number of Profi stores, which overshot the 100 mark in less than two years.