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Shoe Retailer Benvenuti: March Was Slowest Month In 19 Years
March was the slowest month in nineteen years since Dan Pavel, founder and majority shareholder of footwear and accessories retailer Benvenuti started out in the retail business.
High Demand Prompts Mega Image To Stop Looking For Franchisees
Mega Image, the retailer with the largest network (over 200 stores) in Romania, has halted selection of franchisees for its convenience store chain Shop&Go.
Carrefour Drops No 1 Private Label
Retailer Carrefour, which has a network of 111 hypermarkets, supermarkets and convenience stores in Romania will drop its private label No 1 and replace it with another one of its own.
C&A To Open Five Stores This Year In Romania
Dutch retailer C&A, one of the largest players on the European fashion market, will open 4-5 new stores this year in Romania, in capital Bucharest and elsewhere.
INS: Romania Adjusted Retail Sales Up 4.3% On Month In January
Romanian adjusted retail sales rose 4.3% in January from the earlier month, on higher sales across the board, the statistics institute INS said Tuesday.
Kika Sales Up 3% In 2012, Slightly Below Target
Furniture and home accessories retailer kika, whose only store in Romania is located in Bucharest, saw sales up 3% last year, according to the estimates of its country manager Lars Lund.
Private Labels Break Supremacy Of Established Brands
Private labels, no-name products that have taken local commerce by storm in the past few years as the economic crisis hit and consumption declined, have now become top-selling brands in cate...
Domo Targets: Positive EBITDA, 7% To 10% Growth
Dragos Dinu, recently appointed chief executive of electronics, home appliances and computer retailer Domo, said his goal is to optimize the business this year.
Five Top Management Changes In Electrical And Computer Retail In Six Months
The last six months brought about five top management changes in the local electrical and computer retail and manufacturing industry.