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Domo Streamlines Faster Than Planned, Reaches 100 Stores
Retail&Consumer

Domo Streamlines Faster Than Planned, Reaches 100 Stores

Electronics, home appliances and computer retailer Domo currently has 100 stores, ten fewer than it did about six months ago. The company had announced streamlining plans more than a year ag...

Tudor Ioana Raluca · 15.11.2012 · 00:00 · 1 min
C&W Rates Bucharest’s Magheru Blvd As World's 52nd Most Expensive Street
Real Estate

C&W Rates Bucharest’s Magheru Blvd As World's 52nd Most Expensive Street

Magheru Boulevard in Romania's capital city Bucharest fell six spots to the 52nd position in a ranking regarding the world’s 62 most expensive streets.

Ioana Tudor · 14.11.2012 · 16:28 · 1 min
Local Fashion Heavyweights Will End 2012 With Revenues Of Up To EUR360M
Retail&Consumer

Local Fashion Heavyweights Will End 2012 With Revenues Of Up To EUR360M

The five largest fashion retailers in Romania will end the year with EUR320 million to EUR360 million in revenue, up 60% on the year as a result of the aggressive expansion and Romanians’ en...

Tudor Ioana Raluca · 13.11.2012 · 00:00 · 3 min
Modern Retail Space Delivery In Romania Seen Down 40% In 2012
Real Estate

Modern Retail Space Delivery In Romania Seen Down 40% In 2012

New supply of modern retail space in Romania will total 187,000 square meters in 2012, down 40% on the year, while next year’s delivery is currently estimated at about 150.000 square meters,...

Ioana Tudor · 12.11.2012 · 14:12 · 2 min
Who Left And Who Stayed In Romania’s Fashion Retail Business
Retail&Consumer

Who Left And Who Stayed In Romania’s Fashion Retail Business

The local fashion retail is radically different than it was three years ago as a result of the difficult economic environment and of the many changes of market actors.

Manuela Panescu · 12.11.2012 · 00:00 · 3 min
Romanian Union Of Composers Says Retailers Hide Real Reason Behind Price Hikes
Retail&Consumer

Romanian Union Of Composers Says Retailers Hide Real Reason Behind Price Hikes

The Romanian Union of Composers and Musicologists – The Association for Copyright (UCMR-ADA) said Thursday fees to use copyrighted music have been cut, and rejected a recent statement by ret...

Ioana Tudor · 08.11.2012 · 17:34 · 1 min
INS: Romania Adjusted Retail Sales Down 0.4% On Month In September
Macroeconomics

INS: Romania Adjusted Retail Sales Down 0.4% On Month In September

Romanian adjusted retail sales fell 0.4% in September from the earlier month, on lower sales of fuels and food items, the statistics institute INS said Monday.

Neagu Bogdan Mircea · 05.11.2012 · 10:31 · 1 min
Retailers Opened 150 Supermarkets In January-October
Retail&Consumer

Retailers Opened 150 Supermarkets In January-October

Retailers in Romania have continued expansion and opened a new store every other day in the first ten months of the year, totaling 149 new units.

Oana Gavrila · 05.11.2012 · 00:00 · 3 min
Companies

Antitrust Authorities To Soon Finish Investigations Targeting Food And Electronics Retailers, Drug Distributors

Bogdan Chiritoiu, president of the Competition Council, announced that the institution will next year conclude an investigation into agreements between retailers such as Metro, Billa and Sel...

Oana Gavrila · 05.11.2012 · 00:00 · 2 min