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Ovidiu Wencz, New Head Of Dona: Now I Have The Chance To Use A Retailer’s Negotiation Force
Ovidiu Wencz, the manager who in December became chief executive of Dona pharmacy chain, says the main objectives of his three-year mandate are the development of the network to 300 units an...
Foreign Networks Continue To Expand In Anticipation Of Consumer Spending Rebound
The year 2012 will see investments of tens of millions of euros of foreign supermarket and apparel retail chains continue. It may also be the year when UK’s Tesco arrives, a scenario specula...
Gorenje Sees Sales At EUR12M In 2011, Expects Slight Market Growth In 2012
Slovenian-held home appliances maker Gorenje, which has been operating in Romania for a decade now, posted about EUR12 million in net revenues in 2011 and expects 7% growth this year.
Bucharest Remains A Magnet For Mall Developers
The mall market in Bucharest could resume strong growth next year when developers of six new projects with over 300,000 square meters of floor space plan to begin construction works. This wo...
Cigarettes Make Up Almost Half Of Traditional Retail’s Revenue
The bulk of the revenue of traditional retailers in Romania, almost 46%, comes from sales of cigarettes. Non-food consumer goods except cigarettes account for merely 7.6% in the sales, which...
Retailers Say This December Was Better Than In 2010
Retailers, who waited the whole year for December to come, as it is considered the best month in terms of sales, say this December has been better than in 2010.
Supermarkets Opened Almost 80 Stores, Invested Up To EUR120M in 2011
Like 2010, this year was the year of supermarkets, after discount chains became the most dynamic segment of modern retail in 2009. This year saw the opening of almost 80 supermarkets, with t...
Top Retailers Invested Hundreds Of Millions Of Euros In New Stores In 2011
Modern retailers continued to invest hundreds of millions of euros this year in the opening of 150 new stores, despite the 4.5% decline of consumer spending in the first ten months.
Lejeune, Cora: General Situation Not Good, But Romania Is One Of The Best Places To Be
Philippe Lejeune, the executive who has been running the Cora business for over ten years, says consumption started to rise tentatively in October, by 1-2%, and that the rise will continue n...