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School Start Leads to 19% Growth in FMCG Sales
Sales of fast-moving consumer goods varied a lot from week to week in Romania in the first nine months of the year, depending on the latest developments on the market, the steps taken by the...
GfK: FMCG Market Grows 15% in Value in 1H
Romania's fast moving consumer goods market grew 12% on the year in value in the first half of 2020, a report by GfK showed Monday.
Inditex Sales Up 7% to RON1.8B in Romania in 2019
Spanish-held group Inditex posed almost 250 million lei net profit in Romania last year, which means its net margin was 13%, one of the highest in the retail sector.
Horváth & Partners: Online Sales Seen Growing 28% in 2020, to EUR5.5B
Online sales increased in the past three months amid pandemic-related restrictions and are seen growing 28% in 2020 compared with 2019, to nearly EUR5.5 billion, a study by management consul...
Profi: Unplanned Pandemic Investments Stand At EUR3M In Three Months
The COVID-19 pandemic came with a boost in sales for retailers, especially grocery, personal and home care products retailers, as well as with additional spending.
Colliers: Distribution Chains To Be Restructured; Producers, Logistics Firms May Focus On Local, Regional Suppliers
The increase in online sales, in parallel with a temporary closure of other sales channels, has prompted many retailers to reorganize their activity and many firms in the logistics, transpor...
Colliers: We Expect An Increase In Number Of Retail Locations Vacated
The significant decline in foot traffic, the many corporate employees working from home and the fact that more than one million people have been furloughed or laid off is putting pressure on...
Retailer Lidl Goes Ahead With Investments In 2020
German-held Lidl, a discount grocery retailer, has opened four stores since the beginning of the year for a total of 265. All stores were opened in the past month, however, exactly during th...
Penny Market: Investment Budget Unchanged For Now
Discount retail chain Penny Market has not changed its investment strategy amid the pandemic, but it might happen, and the decision will depend on the number of new coronavirus cases, on the...