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Fashion Retail Heavyweights Opened Almost 50 Stores And Hired Over 1,000 People In 2011
2011 was the year of the “big four” clothing retailers operating on the local market, Inditex, H&M, New Yorker and C&A. Although consumer spending continued to decline by over 5% this year,...
Bucharest’s Theodor Pallady Blvd. Targeted By Investments Worth EUR500M
Bucharest’s Theodor Pallady boulevard will draw investment of more than EUR500 million over the next two years, especially in retail and on the auto segment, according to Bucharest District...
Small Delicacy Stores, Or How To Draw Customers Away From Supermarkets
The niche of delicacy stores is starting to take shape on the Bucharest market, as small businesses seek to persuade consumers that they offer a viable alternative to the mass products found...
Top 10 Events That Marked Food Retail In 2011
Although the crisis has lingered on and consumption continued to decline, 2011 has been a good overall year in the retail sector, estimated at EUR16 billion. The new market entries, the laun...
Private Labels On Course For EUR1 Billion Sales In 2011
On a retail market where the battle is fought with prices only, the private labels of the major companies, either unknown or avoided by Romanians until not so long ago, are gaining ground so...
First Days Of December In Retail: No Clear Indication Yet
The first days of December, the best month for consumer spending of the entire year were different for the retailers operating on the local market. Retailer Profi announced lower sales than...
IMF Calls On Romanian Government To Eliminate Requirements For Opening Hypermarkets
The International Monetary Fund and the European Commission called on the Romanian Government again to eliminate restrictions for opening large retail stores, as the country failed to observ...
INS: Romania October Adjusted Retail Sales +2% On Month
Romanian adjusted retail sales rose 2% in October compared with a month earlier, largely fueled by a 12.3% increase in delivery orders and online sales, the statistics institute INS said Mon...
Weak Expansion For DIY Market This Year – Only Eight New Stores
The DIY retail networks this year have put the brakes on their local expansion, opening only eight stores, including five by local network Dedeman. French network Bricostore opened one store...