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Is Profi Betting on Rural Areas? Almost Half of Stores Opened in 2021 Are Under Loco Format
Profi store chain, controlled by Mid Europa Partners investment fund, is raising its bet on rural areas, with almost half of the 90 stores opened in 2021 being under the Loco format, destine...
German Retailer Tedi Readies to Enter Romanian Market
German-held retailer Tedi, operating on the non-food segment, is readying to enter the Romanian market, already having 30 rental contracts signed, according to ZF sources.
Romanian Consumers Spent RON7.9B on Beer in Retail Stores in 2020
Sales of beer dropped slightly by 2.3% in Romania last year, amid the COVID-19 pandemic that either had on-trade locations closed or comply with certain restrictions to operate for most of 2...
Angst Group Set to Continue Retail Development in Romania
Angst group, one the largest meat processors in Romania, has three small specialist stores under its own brand operational at the moment and plans to continue development.
Cora Teams Up with tazz by eMag to Deliver in 60 Min at Most To Clients in Bucharest and Another Five Cities
Cora is further expanding its Cora Express service by launching a new partnership with tazz, eMAG’s home delivery platform, for clients of Bucharest, Cluj-Napoca, Constanta, Bacau, Drobeta a...
Romania’s Biggest Delivery Companies Raked in RON240M Turnover in 2020
The biggest delivery companies in Romania, Glovo, Bringo, Tazz by eMAG and FoodPanda, last year generated turnover worth close to RON240 million.
Carrefour Has Just 353 Stores Left In Romania, 16 Fewer From End-2020
Carrefour reshuffled its Romanian network in the first half of 2021 and has only 353 stores left, 16 fewer than at the end of 2020. However, its hypermarket format is the only one left with...
Delivery Platforms Enter Direct Competition with Food Retailers
Delivery platforms have in recent years permanently and definitively changed the way the domestic food retail works, and the plans of companies such as Foodpanda or Glovo do not stop here.
Footwear Retailer CCC Sales Double in Q1
Polish footwear retailer CCC, which manages the brand by the same name and other brands, posted PLN122.6 million (RON132 million) sales in Romania in the first quarter of its 2021 financial...