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Jumbo Opens New Store In Bucharest, In West Park Retail Militari
Greek toy retailer Jumbo, present on the Romanian market since 2013 with eight stores in Romania’s largest cities, has opened a toy store in West Park Retail, located in Bucharest’s Militari...
Lidl Opens First Store In Sighisoara
German-held discount store chain Lidl will be opening its first store in Sighisoara, on March 8, under a sole format in its portfolio meant to match the town’s architectural imagery.
Austrian Furniture Retailer XXXLutz Enters Romanian Market, Opens Store in Timisoara
Austrian furniture and home decor retailer XXXLutz, with global sales of EUR4.2 billion, will open a 4,200 sqm mömax store in Timisoara in March after a EUR4 million investment.
Lidl Invests RON16M In Sighisoara Store
German-held discount store chain Lidl, the third largest food retailer in Romania, has completed an investment of nearly RON16 million (EUR3.4 million) in the construction of a 2,600-square...
Praktiker To Close Three Stores, Expects Growth Of DIY Market
UK’s Kingfisher will keep 23 Praktiker stores in Romania and does not plan to close any more, after having recently announced it would close three, in Focsani, Bacau and Ploiesti, due to cea...
Koton To Open Store In Fashion House Outlet Center
Turkish fashion brand Koton, present on the Romanian market with stores in Bucharest, Timisoara, Iasi, Ploiesti and Constanta, has leased a surface area of 833 square meters within Fashion H...
Modern Retail To Continue Expansion To 3,500-4,000 Stores In Romania
Modern retail reached more than 2,200 stores in Romania at the end of last year, almost five times more than in 2008, the last year of economic boom.
Mega Image Has 430 Stores In Bucharest
Belgian-held retailer Mega Image accounts for 5% of the stores in Bucharest and for 20% of the money consumers spend on groceries and fast-moving consumer goods, ZF has calculated from avail...
Penny Market Budgets 20-25 New Stores In 2018
German-held discount store chain Penny Market, which has more than 220 stores in Romania, has budgeted 20 to 25 new stores for 2018, the same expansion rate as in 2017, the company said.