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Carrefour To Close Down Hypermarket In Bucharest-Based Vitantis Shopping Center As Of Jan 15
French-held retailer Carrefour on Monday said it will close down its hypermarket within Vitantis Shopping Center in Bucharest, starting January 15, 2018, due to changes in market the market...
Competition Council Sets Off Inquiry Into Dante International For Abuse Of Dominant Position
Romania’s Competition Council on Friday said it started an inquiry into a possible abuse of dominant position by Dante International SA, the company behind eMAG– leader on the local online r...
C&W Echinox: Large Retailers In Romania Opened 18% Fewer Stores In 2017
The number of new stores opened by large retailers on the Romanian market fell by 18% versus the previous year, impacting the turnover growth rate, according to a Retailers’ METRICS survey c...
2017 In Review: Ten Most Important Events In Modern Retail
Modern retail is an about EUR11 billion market with more than 2,000 stores, dominated by ten international groups. The sector continued to expand in 2017, at the same rate in as the last few...
Hervis Set To Open 10 Stores In 2018
Sporting goods retailer Hervis, which has been operating in Romania for about a decade and has 23 stores, wants to open ten more next year, as many as in the last four years. In 2017 it open...
Fuel Retailer Rombeer Cringasu Sees EUR30M Revenue From 13 Gas Stations
A 13-gas station chain operating in Dambovita, Prahova and Ilfov counties (southern Romania) as RBC Gas posted 132.3 million lei (EUR29.4 million) revenue last year. The company ranks sixth...
Ten Retail Chains In Romania Have At Least Doubled Sales In 2012-2016
Danish furniture retailer JYSK, sporting goods stores Decathlon and grocery retailer Profi are the retail companies with the highest increase in sales in the past five years, ZF has found fr...
Peeraj Group Expects EUR65M Revenue From 100 Stores Under 10 Brands
Peeraj, the most important fashion franchise group in Romania, has a portfolio of more than ten brands set to reach about 100 stores by yearend. The brands include CCC, Pimkie and Boggi. Two...
Miele Expects RON35M Retail Sales In Romania In 2018
German-held home appliances manufacturer Miele budgeted 35 million lei (EUR7.6 million) sales from retail operations in Romania for next year, up 25% on 2017. The sales will therefore double...