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Half Of Modern Retail Stores In Romania Operate In Ten Biggest Cities
Modern retail numbers almost 1,800 stores in Romania, half of which located in the country’s ten largest cities, including Bucharest. The
Cel.Ro Sees Sales Up 45% In January-July
Corsar Online, the company that operates cel.ro, the second largest online computer and electronics retailer in Romania, posted 45% increase in sales in January-July, driven by the higher de...
Online Retailer Fashion Days To Reach More Than 450 Employees By Yearend
Fashion Days, one of the largest online fashion retailers in Romania, plans to add about 50 people to its team by yearend, for a total of more than 450.
Second Tier Fashion Brands See Over RON1B Sales From 450 Stores In Romania
On a market dominated by Inditex (Zara), H&M and C&A, whose sales stand at 2 billion lei (EUR449 million) generated by 200 stores, there are also second tier brands, both local and internati...
Private Labels Contribute EUR200M To EUR250M To Kaufland’s Sales
Private labels account for about 13% of the products sold in Kaufland stores. If they also contribute 10% to 13% of sales, they generate EUR200 million to EUR250 million of the retailer’s re...
Oscar Downstream Eyes Fuel Retail
Oscar Downstream, a company selling diesel oil to commercial customers, announces new development strategy and plans to expand into fuel retail, a market of 2,000 gas stations and annual sal...
Romanian Consumers Spent RON160B In Grocery, DIY, Furniture And Home Appliances Stores In 2015
Retail is the second most important industry of Romania by revenue, 160 billion lei (EUR35 billion) last year, an increase of 10% on 2014, behind wholesale and ahead of manufacturing and ele...
Tiriac Leasing Granted Financing Worth EUR21M In 1Q/2016
Tiriac Leasing, part of Tiriac group, on Tuesday said announced it had granted financing worth a total EUR21 million in the first quarter of 2016, up over 60% against the year-earlier period...
International Fashion Giants’ Sales Reach EUR500M In Romania
Spanish-held Inditex, Swedish-held H&M and Dutch-held C&A dominate Romania’s fashion retail, where their sales reached about 2.3 billion last year (EUR510 million). The three account for 15%...