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Back To 2004: DIY Chains Opened Only Six Stores This Year, No Plans For More
The major do-it-yourself retail networks on the local market, where Romanians spend more than EUR1 billion a year on construction supplies, interior decorations and other home improvement pr...
All Quiet On The Retail Space Front. Why?
EUR210 million or EUR180 million - that is how much international real estate investors were willing to pay, and did in some cases, for a mall in a city other than Romania’s capital Buchares...
First-Half Review: Only Retail Comes With Positive Signals
Electricity, cars, constructions, the telecom sector are the leading markets that saw declines in the first six months of this year against the similar period of 2011, signaling that good ti...
Retailers Have 80 New Stores Planned For Opening By Yearend
The companies operating in modern trade in Romania have opened 117 stores since the beginning of the year and will continue expanding, so as to reach a total of about 200 stores by yearend.
Lidl And Penny, The Only Two Retailers Left To Fight Price Battle
Lidl and Penny Market, the only two companies left on the local discount retail market, will have over 300 stores by yearend, 45 more than at the beginning of 2012. The two networks, which o...
Top 30 Retailers In Romania Post Turnover Of EUR4.3B
The ranking of the largest retail companies is dominated, as expected, by Carrefour, Real and Penny Market – foreign companies whose annual turnovers range between a little over EUR400 milli...
RBS To Lay Off 350 Employees As Part Of Plan To Abandon Retail Division
UK’s state-run RBS is taking concrete steps towards putting into practice its strategy to withdraw from its Romanian retail business and focus on services for corporate clients: 350 employee...
JLL: At Least One More Shopping Center To Close Down In Romania By Yearend
Some 330,000 square meters of new shopping center space are currently under construction in Romania, with delivery due in the second quarter of the year and in 2013, according to real estate...
DTZ: 13 Romanian County Seats Lack Modern Shopping Centers
Romania’s northeastern town of Suceava ranks first in a classification according to commercial real estate investment per 1,000 inhabitants, while 13 of the country’s county capitals have no...