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Retailers Invest Another EUR100m In 88 Supermarkets In 1H
Modern retailers have invested about EUR100 million in the first six months of this year to open 88 new stores and one network closed up shop.
DTZ: Retail Market In Brasov May Oversaturate In Three Years
The retail market in the central Romanian city of Brasov could oversaturate in the next three years, as it could only absorb two more shopping centers considering the number of households an...
P&G: Consumer Spending Decline Is Over
Procter&Gamble, the largest company on the local non-food consumer goods market, expects consumer spending to grow slightly but steadily in 2012 after three years of decline.
Romania's Retail Market Flat At EUR16B In 2011
The Romanian retail market stagnated at about EUR16 billion last year, after two years of decline. This is the first positive signal coming from an industry that started declining in 2009, a...
First Leader Change In Retail As Kaufland Overtakes Metro And Carrefour
Kaufland climbed to the top position among modern retailers in Romania in 2011, ending the year with EUR1.35 billion in sales.
Statistics Data Show Consumption Increase. Analysts’ Opinions Are Mixed
Retail sales – one of the leading indicators of consumption – went up by 3.6% in the first four months compared with the year-earlier period, but they are yet to recoup losses in previous ye...
INS: Romania Adjusted Retail Sales +0.8% On Month In April
Romanian adjusted retail sales inched up 0.8% in April compared with a month earlier, on higher demand in all sectors, the statistics institute INS said Tuesday.
Hornbach Chooses Profit Over Fast-Paced Development
Hornbach, whose four do-it-yourself stores in Romania bring EUR75 million to EUR80 million in sales each year, will open one more unit in Timisoara this year, following a EUR30 million inves...
Centrofarm Changes Development Focus
Catia Radulescu, Centrofarm’s new chief executive officer, said the development of the retail pharmacy chain will be intensive over the coming period, which means it will focus on expanding...