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Auchan To Develop Shopping Centers Branded As Auchan City
French retailer Auchan will start the development on the Romanian market of shopping centers branded as Auchan City. The first of them will be built this year in the Giulesti district, in th...
Biggest Bankruptcies: Crisis Brought Three Malls And Several Retail Businesses To Their Knees
Bankruptcy has not affected many major businesses in the past three years, only around 20, shows a ZF review of the biggest bankruptcies in the past three years.
Flanco: Electro&IT Retail To Reach EUR1.25B This Year
The electrical appliances market will reach EUR1.25 billion in 2012, up 12% to 15% on the year, and the upward trend will continue until 2014, when the market should reach EUR1.8 billion, sa...
Private Labels Might Contribute 20% Of Profi’s Sales By Yearend
Pawel Musial, chief executive of store network Profi held by private equity firm Enterprise Investors, says that private labels could come to account for 20% of the company’s sales by the en...
Expansion Helps Carrefour Get Near 2008 Sales Peak
French retailer Carrefour, which operates both hypermarkets and supermarkets in Romania and is the third leading retailer after Metro and Kaufland, posted EUR1.184 billion in sales last year...
Lidl Brings CEO Of Romanian Network From Poland
German retailer Lidl, the latest arrival in the Romanian retail sector, will appoint Maksymilian Braniecki as chief executive of the local store chain, market sources say.
Hypermarket Chains Have Opened 135 Stores In Romania In 11 Years
The five retailers that operate on the Romanian hypermarket segment currently have 135 stores, which generate turnover of over EUR3.5 billion.
The Map Of Modern Retail: One In Five Stores Is In Bucharest
Despite the consumption slump, modern retailers continued expansion in Romania in 2011.
Profi Sales Up 7% In 2011, Goes Ahead With Expansion Plans
Profi supermarket chain maintains its expansion plans for 2012, despite posting weaker-than-expected sales last year.