RETAIL
660 articole · RSS
Profi Is In Talks With Several Chains Over Potential Acquisition
Retailer Profi, controlled by investment fund Enterprise Investors, is in acquisition talks with several store chains on the market. The company has made acquisitions in the past, having bou...
Local Brands That Disappeared From Romanian Retail
First came Univers’All, followed by Pic, and then by Artima, Albinuta, and Carrefour Express. Local modern retail has lost several brands in the last few years. Bankrupt, sold or simply elim...
Volksbank Head: We Won’t Resume Loan Sales Aggressively
Austrian-owned Volksbank, which ranks eighth by assets in Romania, wants to gradually resume retail lending, frozen over the past two years, but its officials say it will focus more on trans...
Sales Of AFI Cotroceni Mall Stores Up 25% In 1H
Sales of stores operating in AFI Palace Cotroceni Bucharest mall, the EUR300 million project owned by Israeli billionaire Lev Leviev, rose by 25% in the first half of this year, to some EUR1...
Raiffeisen: Banking Sector’s Retail Network Is No Longer Justified
An increasingly pressing question for the banking sector is the fate of the over 6,000 branches still open despite the very low demand for loans, and consolidation will be inevitable, says S...
Largest Retail Parks In Romania And The New Tenants They Attract
Smaller versions of the Baneasa project in northern Bucharest, Romania's largest retail park, are fighting and succeeding in getting new tenants. While expansion tends to be more difficult f...
INS: Adjusted Retail Sales Rise Slightly In May
Romanian adjusted retail sales inched up 0.2% in May compared with a month earlier, largely boosted by higher fuel sales, the statistics institute INS said Monday.
Champions Of Expansion In H1: Profi, Macro And Mega Image Opened 31 Stores
Seven of the 15 modern retail chains on the Romanian market retail invested around EUR100 million to open 45 stores in the first half of the year, according to a ZF analysis, despite the fac...
Promenade Shoe Stores, Latest Bet Of Otter Shareholders
After having kept a low profile for more than two years, Filip Schwartz, major shareholder and CEO of Otter Distribution, is coming up with a new action plan, a footwear store network, which...