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Romanians Are Loyal To Telecom, Car And Clothing Brands, Less Loyal To Banks And Insurers
Romanians are largely loyal to their mobile telephony and internet service providers (30%), followed by cars, clothing, food and medical service brands, while at the opposite end consumers a...
Romanian Fashion Brand Nissa Wants Exports To Generate 90% Of Sales
Nissa, a Romanian family business in the fashion industry that began more than a decade ago, set out to have 90% of its sales generated by foreign markets in five years, compared with one th...
Local Grocery Retail Might Follow DIY Retail Consolidation Model
Romania has one of the most competitive retail markets in Europe, and the top three companies operating on it by revenue, Kaufland, Carrefour and Auchan account for 25% together, while the E...
Angst Puts Up For Sale Its 22-Store Network Two Months After Exiting Carrefour Umbrella
Romanian entrepreneur Sorin Minea and Switzerland’s Angst family are in talks with several retail networks including Mega Image for the sale of Angst stores or the sealing of a partnership f...
Romanian Retail Market Seen Rising 4.3% This Year After 4.9% In 2013
The Romanian retail market is expected to grow 4.3% this year after a 4.9% growth last year to EUR26 billion, one of the best performing retail markets in Europe, according to a study by mar...
New Winmarkt Boss Says Group Will Focus On Consolidation
Carlo Barban, the Italian appointed to run the Winmarkt retail centers in 13 cities in Romania this spring, says the group is not considering expansion in this country but consolidation and...
Private Label Products Up To 20% Of Food Market In Q1
Private labels have conquered 10% of the overall fast moving consumer goods market and almost 20% of the food market, so one in five lei Romanian consumers spent on food in the first quarter...
INS: Adjusted Retail Sales Up 1.9% On Month In May
Romanian adjusted retail sales rose 1.9% in May from the earlier month, on higher sales in most sectors, the statistics institute INS said Wednesday.
Profi Beats Mega Image By Store Openings In H1
Profi supermarket chain of Polish investment fund Enterprise Investors, opened 26 new stores in the first half, or one third of the total new stores opened by modern retailers in this period...