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Retailers Halved Headcount per 100 Sqm in 2008-2018
The major retail chains have improved efficiency of their operations over the past decade so the average number of employees per 100 square meters of modern retail space dropped to 2.6 last...
Carrefour Romania CEO: Personnel Turnover in Retail May Be as High as 100%
Personnel turnover in the retail sector stands at 49% on average, higher than in France, says Jean Richard de Latour, CEO of the local operations of French giant Carrefour.
Lidl Sees Sales up 23% to RON4.5B in H1
Discount store chain Lidl ended the first half with 4.5 billion lei (almost EUR1 billion) sales, a 23% increase on the year-ago period, according to ZF’s calculations based on publicly avail...
Supermarket and Hypermarket Chains Account for 20% of Retail in Romania
Eight companies account for more than 20% of the total retail in Romania, an industry with more than 126,000 companies and cumulated revenue of 224 billion lei (EUR47 milion).
CCC Sees Potential for 100 Stores in Romania
Polish retailer CCC, the second most important actor on the local footwear market has 65 stores in Romania and sees potential for 100.
Most Productive Employees in Modern Retail Generate RON1.5M Revenue/Year
The revenue per employee, a key indicator of the local modern retailer, ranges from 440,000 lei to 1.5 million lei (EUR93,000 to over EUR317,000), ZF has calculated from publicly available d...
BT Analyst: GDP Growth Rate Decrease In 2Q/2019 Is Due To Deterioration Of Climate In Retail, Industry
The decrease of the economic growth rate in the second quarter of 2019 was due to a deterioration of the climate in the retail trade and industry, Andrei Radulescu, macroeconomic analysis di...
FMCG Producers and Wholesalers Bet on Retail Operations
Niche retail operations of their own is the latest bet of the fast-moving consumer goods sector companies, which want separate exposure for their brands without competition from other manufa...
GfK: Brick-and-Mortar Retail in Romania, Lithuania to See Highest Growth in EU in 2019
Romania (+7%) and Lithuania (+5.9%) are expected to have the highest growth rates in 2019 for brick-and-mortar retail in the 27 EU nations (excluding the UK) even though purchasing power rem...