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Cora Taps Online Grocery Retail Market
French-Belgian retailer Cora, which operates a 12-hypermarket network in Romania, officially launched Tuesday its coradrive service on the local market. The service allows customers to order...
Lipscani Has Potential To Turn Into Retail Hub
Less than a decade ago, Bucharest’s Old Town was a place of derelict buildings, homeless people and stray dogs freely roaming the streets. Now some 200 bars, restaurants and coffee shops pop...
Black Friday’s First Figures: Sales Of EUR70M In Electronics & It Retail
Romanians shook off their shopping gloom for the Black Friday three-day weekend and bought products of around EUR70 millions of euros from traditional and online IT &C retail, up from last y...
Naspers To Enter New European Markets With eMag Brand
eMag, the largest IT&C retailer in Romania, which last year generated sales of EUR165 million, will be the command center of South African Naspers group’s expansion to other European markets...
Flanco: Romanians Buy As Many Electronics & Home Appliances As Fragrances
Romanians buy as many electronics, home appliances and IT products as they buy fragrances, with the former making up 2.6% of the consumer basket, Madalin Rugeanu, property&development manage...
GfK: Romanian FMCG Market Rose 1% This Year
Romanians have started buying cheaper products this year and the value of the local fast moving consumer goods market (FMCG) has increased 1%, according to GfK.
International Chains Beat Traditional Retailers For The First Time
Modern retail, a EUR7 billion to EUR8 billion market, has managed to gain more than half of the local retail in less than two decades, so international chains now account for 53% of it compa...
Colliers: Fifty New Foreign Retailers Eye Romania
The Romanian retail market is becoming more and more attractive to investors and about 40% of retailers interested in Central and Eastern Europe (CEE) are looking at Romania, according to Co...
Shopping City Ploiesti Retailers Registered Sales Of EUR25M Since November 2012
Retailers hosted by shopping center Shopping City Ploiesti, which was opened in November 2012, registered sales of over EUR25 million over the past year, the mall said in a press release Thu...