RETAIL
660 articole · RSS
Praktiker Romania's Restructuring: 500 Job Cuts In Three Years
German do-it-yourself company Praktiker, which operates a 27-store network on the Romanian market, has reduced the number of employees from 2,500 to 2,000, while sales went down to half comp...
Billa To Open At Least Ten Stores In 2011
German retailer Billa, part of the Rewe group, will open at least ten stores this year in Romania, and its investment budget, which includes remodeling of older stores, stands at EUR20 milli...
Biggest Romanian Bet In Food Retail: From EUR100M Investments To Insolvency
Romanian businessman Dinu Patriciu surprised the entire retail market in 2010 when he “declared war” on foreign retail chains and started to develop the Mic.ro and Mac.ro stores (formerly Mi...
Succes Retail Chain To Focus On Private Labels In 2012
Businessman Nicolae Sarcina, who owns the Succes store chain, plans to focus on hypermarkets and private brands in 2012.
C&A, Inditex, New Look Eye Opening 12 Stores Outside Bucharest This Spring
Fashion retailers C&A and New Look are pursuing last year’s fast expansion and have planned more than ten store openings this spring in several Romanian cities outside capital Bucharest, whe...
Mega Image, Lidl And Profi Step Up Expansion, Plan To Open 170 Stores For 2012
Retailers Lidl, Mega Image and Profi will invest EUR120 to EUR150 million this year, according to ZF estimates. The money will be used to open about 170 stores on the local market, thus sett...
Cold Snap And Blizzard Disrupt Romania, Make Retailers Feel Like It’s Christmas All Over Again
Romania is battling extreme temperatures and the southeast region is disrupted by the blizzard. Schools are closed, dozens of roads are blocked and some domestic flights have been cancelled....
Discount Chains Now Cover All Counties Of Romania
The discounter store sector has successfully covered all the counties of the Romania with just two companies, Penny Market and Lidl.
January: Good For Furniture Industry And Private Clinics, Uncertain For Retail, Weak For Restaurants
The street protests of the past couple of weeks and the bad weather have been felt in companies’ accounts, but only for a few days, without significantly affecting full-month results.