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Otter Distribution Sees Double-Digit Growth In 2015
Otter Distribution, one of the largest local footwear retailers, ended last year with EUR26 million sales, an increase of more than 10% on 2014. The growth drivers were the rise in consumer...
Profi Becomes Expansion Champion Of 2015
Modern retailers opened almost 200 new stores in 2015, keeping the same expansion pace as in the last few years. They mostly opened smaller stores, that is supermarkets and convenience store...
December Generates EUR1.2B To EUR1.5B Sales For Retailers
December generates 10% to 20% of the yearly sales of modern retailers – supermarkets and hypermarkets, depending on format. At an average of 15% and annual sales of EUR8.5 billion to EUR98 b...
Noriel Aims For 100 Stores And EUR100M Revenue In Five Years
Noriel Group, a toy retailer, distributor and manufacturer, wants to reach 100 stores in Romania in five years, twice as many as it has today and three times higher revenue, EUR100 million.
Foreign Retailers Own 230 Hectares Of Hypermarkets And Supermarkets In Romania
The 12 foreign networks operating in Romania’s modern retail sector currently hold 2.3 million square meters (230 hectares) of hypermarkets, supermarkets, discount and cash & carry stores.
2015 In Review: Ten Most Important Events In Grocery Retail
Management changes, new concepts developed and takeover talks reconfigured local modern retail in 2015, market with 1,600 stores and EUR8.5 billion sales a year.
DHL Wants 50 Shipping Outlets In Nobel Oil Gas Stations
DHL Express Romania, one of the most important logistics and courier service companies in Romania, wants to increase the number of parcel shipments from malls and gas stations, to meet risin...
Benvenuti Sales Reach RON60M In January-September
Footwear retailer Benvenuti of Romanian entrepreneur Dan Pavel, posted more than 60 million lei (EUR13.5 million) revenue in January-September, an increase of 3% on the year-ago period.
Domo Closes All 75 Brick-And-Mortar Stores, Keeps Online Operations
Computer and electronics retailer Domo, one of the largest in its business, will close all its brick-and-mortar stores to focus only on online operations, market sources say.