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Bucharest’s Sector 6 Accommodates One Third Of Hypermarkets In The City
Bucharest has attracted about EUR350 million to EUR450 million investments in the opening of 33 Kaufland, Auchan, Cora and Carrefour hypermarkets in the past fifteen years.
Lamy, Leroy Merlin: Only Three DIY Market Actors Will Remain In Ten Years
Consolidation, exits, and acquisitions will continue in Romania over the next decade and only three out of the nine players on the do-it-yourself retail market will still be there by 2026, b...
IKEA Expands On Three Fronts In Romania
Sweden’s IKEA only had one store in Romania for eight years, but last spring its strategy changed with investment reaching EUR300 million, according to ZF estimates. The group is pursuing th...
Traditional Retail Lost RON8B In Seven Years
Traditional retail numbered 54,000 small stores last year, whose sales reached 33.3 billion lei (EUR7.33 billion), almost 20,000 fewer than in 2008, the last year of economic boom.
Former New Yorker Area Manager Takes Reins Of Second Hand Clothing Retailer
Mihai Sindrilaru, the Romanian executive who developed the New Yorker fashion brand in Romania over the past eight years, has become international retail manager for five countries of second...
Kaufland Headed For EUR2B Sales
German-held discount hypermarket chain Kaufland ended 2015 with EUR2 billion sales generated by a network of 107 stores, according to ZF estimates, following a very good December helped by t...
Decathlon Now Covers All Key Areas In Bucharest
Decathlon, the leader of the local sporting goods retail market, is now covering all the key areas in Bucharest, following the opening of the store in Baneasa, in the north of the city. This...
Romanian Consumers Spent EUR3.5B In Stores In December
December generated EUR3.5 billion to EUR3.7 billion sales for retailers in Romania and most of the money went to food, while the rest went to clothing, cosmetics, computer and electronics pr...
Catena Overshoots 550 Retail Pharmacy Mark
Catena pharmacy network, the retail business of the Fildas group of entrepreneur Anca Vlad, ended 2015 with more than 550 pharmacies, compared with 500 at the beginning of the year.