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Bebe Tei, The First Children’s Products Supermarket, Heads Toward EUR10M In Revenue
Bebe Tei, the first children’s products supermarket opened in Bucharest, has boasted higher-than-expected results since launch last April until present, says Dragos Vladu, one of its shareho...
Crisis Upsets Hervis Plans
Sports equipment retailer Hervis, which had planned to open 40 stores in Romania by 2013, had its plans hindered by the crisis and managed to open just 13 stores by the end of last year, cit...
Wencz, Farmaciile Dona: 44% More Pharmacies In Bucharest Than There Should Be
An exception to the expansion rule has driven the number of retail pharmacies in Bucharest to 960, 44% more than there should actually be, says Ovidiu Wencz, general manager of SIEPCOFAR, th...
JLL: Volume Of Land Transactions In Romania Could Be Hurt As Landowners Not Keen To Sell
The volume of land transactions in Romania could be negatively affected because most landowners are “relaxed” and in no hurry to sell their plots of land, which will further reduce retailers...
Kaufland And Lidl Control Over A Quarter Of Modern Retail Sales
German-held group Schwarz, which operates Kaufland discount hypermarket chain and Lidl discount stores, generated revenue of over EUR2.3 billion last year in Romania, thus controlling 13% of...
Fashion Retailer Takko Goes To Small Cities
German-held fashion retailer Takko, present in Romania since the autumn of 2007, wants to open six stores this year, keeping up the expansion pace of 2013.
Hugo Boss Closes Romanian Stores On Dwindling Sales
Luxury brand Hugo Boss, present in Romania via a local franchisee, is set to shut down the two mono-brand stores in this country by late February, as the contract is drawing to an end and sa...
Romania 2013 Adjusted Retail Sales Up 0.4% On Year
Romanian adjusted retail sales inched up 0.4% in 2013 compared with the previous year, fueled by higher demand for non-food items, the statistics institute INS said Monday.
Poland’s Largest Retailer Biedronka Contemplates Expansion To Romania
Poland’s largest retail chain Biedronka is considering entering Romania via an acquisition, market sources say.