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Retail Networks Push For Expansion After Combined Profit Doubled Last Year
The consumers' lower disposable income, the sales tax increase and the economic crisis are not reflected in the balance sheets of the major retailers operating in Romania. The combined profi...
Orange Makes Changes To Its Front Line In The Retail War
An Orange client who only wanted to pay their bill could go through the operator’s stores to the cash register without seeing any of Orange’s offers and without being approached by any sales...
Dedeman's Investments This Year Up To EUR50M
Dedeman, the largest Romanian retailer, controlled by the Paval brothers in Bacau, invested EUR11 million in store no. 25, which will open on Friday in Alba Iulia, bringing total investments...
Cora Announces Bold Expansion Plan: 20 To 25 New Stores By 2015
French hypermarket operator Cora, which until recently had a slow expansion on the Romanian retail market, is shifting strategy: Thursday it announced plans to open 20-25 stores in the next...
Discount Retailers Prevail After Doubling Networks In Three Years
The discount retailers seem to emerge as the winners of the crisis, having opened over 220 stores throughout Romania from 2008 through 2011 and reached EUR1.2 billion sales on a modern retai...
Mall Opening Season Begins In Arad On Thursday. At Least Five Launches To Follow
The most crowded autumn in three years in terms of mall openings starts this Thursday, October 6 in Arad, with a EUR70 million project that is almost entirely rented out. Further malls will...
Romania Retail Trade Posts Deepest Fall In EU In August
Romania posted the sharpest monthly drop among EU countries in terms of retail trade in August, according to data published Wednesday by EU statistics office Eurostat.
Romania August Adjusted Retail Sales -3% On Month
Romanian adjusted retail sales fell 3% in August compared with a month earlier, due to declines in most sectors, the statistics institute INS said Tuesday.
Hypermarket Construction Sites Reemerge In Bucharest
Hypermarket networks are resuming expansion in Bucharest as well, with Carrefour, Cora and Kaufland having units under construction in Chitila, Rahova and Vitan districts. There were no new...