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Romanian Consumers Want Low Prices And Prefer Stores Closer To Home
Hundreds of small stores - supermarkets and discount stores - have opened in the last few years. On the other hand, there are just a handful of hypermarkets and cash&carry stores that cover...
Shopping Center Holding To Launch Oradea Mall With EUR50M Investment
Romanian Shopping Center Holding, a company owned by businessman Gabriel Popoviciu, Friday said it will launch this fall the Oradea Shopping City mall, following an investment of EUR50 milli...
Retailers' Private Labels Defy Crisis With 50% Growth
On a retail market where the price battle is fierce, the private labels of major retailers, unknown until not long ago, have been gaining ground.
Carrefour Sales Per Store Lower Than In 2001
Ten years after Carrefour opened its first store in Romania, marking the start of "capitalism" in retail, the French retailer has managed to stabilize its hypermarket sales at just over EUR1...
BCR: Banks Need To Go Deeper Into Personalized Pricing To Revive Retail Line
Competition on the retail segment is tightening as consumer sentiment improves and banks need to better divide their clients into segments and slash costs to be able to gain new business, be...
A Better Year For Food Retail
Romania’s retail market is expected to rise to EUR26 billion by 2020, from the current EUR16 billion, and the upbeat expectations fuel the store networks’ plan for new openings, which are se...
Colliers: Magheru Ranks 65 In EMEA High Street Rents Chart
Bucharest’s Magheru Boulevard posted some of the greatest declines in high street retail rents over the past several years among Europe, Middle East and Africa (EMEA) states, ranking 55 of 1...
INS: Adjusted Retail Sales Down 1.8% On Month In April
Romanian adjusted retail sales fell 1.8% in April compared with a month earlier, on falling consumption in most sectors, the statistics institute INS said Friday.
Sorana Georgia Becomes First Female CEO Of Top Ten Food Retailer In Romania
Sorana Georgia, 46, was named chief executive officer of Billa supermarket network, part of Germany’s Rewe, becoming thus the first Romanian woman to run the operations of a top ten food ret...