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Local Retail In Five Years: Retailers Bet On Convenience And Online
Romanian retail, Romania’s most important industry by total revenue (about EUR100 billion) will develop across all formats over the next five years, but the main bets of retailers are online...
Modern Retail Chains To Hire 5,000 People In 2017
Supermarket and hypermarket chains in Romania have 5,000 positions available this year when they plan to open 300 stores, the fastest expansion pace ever. The ten modern retail chains had 85...
New Retail Loans Down 7% In Jan-Feb
Banks granted 3.7 billion lei (EUR822 million) new leu and euro retail loans in the first two months of this year, about 7% less than in the year-ago period, Romania’s central bank data show...
Private Label Products Up To Almost 25% Of Modern Retail Sales
Retailers sold EUR2.2 billion to EUR2.4 billion worth of private label products last year. Private labels now account for almost one quarter of the total sales of modern retail, going from 1...
GSM Retailer Arsis Sales Up To More Than EUR32M In 2016
Arsis Trading, the largest GSM retailer held by a Romanian entrepreneur, posted growth of 5% in sales to more than EUR32 million in 2016.
Retailer Elefant.Ro Aiming For More Than EUR100M Revenue By 2019
Online retailer Elefant.ro could sell its operations once having reached EUR100 million revenue, a market it estimates to overshoot in 2019.
Suceava-Based Shoe Manufacturer Denis Close To 40 Stores
Footwear manufacturer and retailer Denis, held by a local entrepreneur family, wants to develop the business of the footwear plant in Suceava and make 1,600 pairs of shoes a day compared wit...
Arabesque Enters DIY Retail Segment By Opening First Store Under MatHaus Brand, In Iasi
Romanian construction materials distributor Arabesque will be entering, next week, the do-it-yourself retail segment, by opening the first store under the brand MatHaus, in the city of Iasi.
15 Grocery Retail Brands Gone In Ten Years
Local grocery retail has lost - deliberately or not, a number of brands over the past decade. Either bankrupt, sold, or simply dropped for strategic reasons, a number of supermarket and hype...