SELGROS
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Modern Retail Expansion Ate 90% Of Selgros’ Profit During Crisis
The sales of the 19 cash&carry stores in the Selgros chain dropped to less than 3 billion lei (EUR672 million) last year for the first time during the crisis.
Selgros Invests EUR6M In Remodeling Its Stores In Baneasa And Berceni
Cash&carry retailer Selgros Romania invested EUR6 million in refurbishing its stores in Baneasa and Berceni districts in Bucharest, whose sales are expected to grow by 15% compared to the sa...
Stalling Consumption And Trade Competition Drag Selgros Revenue Down Below EUR700M
Cash&carry store chain Selgros saw its revenue drop below the EUR700 million threshold and profit shrink to less than one third of the 2008 level, to EUR12.2 million, in 2013. Alexandru Vlad...
Selgros Kicks Off Online Sales Via MegaMarket.ro
Cash&carry retailer Selgros is starting online sales through a partnership with megamarket.ro, delivering over 11,000 food and non-food products, the retailer said in a statement Monday.
Vlad, Selgros: It’s Time We Seek Foreign Investors, Bring Them Here
One of the most powerful Romanian managers in the retail business, Alexandru Vlad, executive director of Selgros since 2001, says the crisis is not over yet for the companies “working with a...
Each Selgros Store Serves An Average 50,000 Customers A Month
Each of the 19 stores of retailer Selgros Cash&Carry serves an average 50,000 customers per month, who spend about 300 lei (EUR67) each, according to ZF calculations based on company data.
Who’s Taking Modern Retail To Rural Areas?
The 12 competitors in modern retail have put more than 1,000 stores on Romania’s map, and some of them have lately tried to expand to rural areas, even though still close to big cities.
Vlad, Selgros: Romanians Spend More On Food Than Germans Despite Earning Six Times Less
Alexandru Vlad, head of Selgros Romania, said Romanians spend more money on food than Germans do.
Selgros Thinking Of Expansion Again Despite Flat Sales
Selgros Cash&Carry, one of the largest retailers in Romania, might soon resume network expansion, after several years in which store openings were uncommon.