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International Chains Beat Traditional Retailers For The First Time
Modern retail, a EUR7 billion to EUR8 billion market, has managed to gain more than half of the local retail in less than two decades, so international chains now account for 53% of it compa...
Mega Image Takes Up Six Hectares Of Retail Space In Bucharest
Belgian-held supermarket chain Mega Image, which has 210 stores in Bucharest covering 60,000 square meters of space, has become the biggest tenant on the ground floor of apartment buildings,...
H&M Romania Opens Its First Store Outside A Shopping Center, In Downtown Bucharest
Swedish fashion retailer H&M opens Thursday its first store in Romania outside of a shopping center, on Lipscani street, in downtown Bucharest, reaching 28 stores countrywide.
Danish Shoe Retailer ECCO Opens New Store In Romania
Danish shoe manufacturer and retailer ECCO has opened a new store in Romania, in central city of Brasov, following an investment of EUR100,000.
Bucharest’s Old Center Street Lipscani To Turn Into Shopping Destination In 2-3 Years
Lipscani Street in the Old Center of Bucharest, a once thriving shopping street of the city, which is now struggling to regain its identity, will become a major shopping destination again in...
Jumbo Opens First Store In Romania
Greek toy retailer Jumbo, whose sales exceed EUR500 million annually, entered the Romanian market last week by opening a 13,000-square meter store in western city of Timisoara.
First Real Hypermarket Rebranded To Auchan Opened Wednesday
Retailer Auchan Romania has opened Wednesday the first Real hypermarket rebranded to Auchan, of the 20 Real hypermarkets it bought from German group Metro.
Carrefour Opens New Supermarket In Braila
Carrefour Romania will open a new supermarket in Braila Thursday, its third in this town and 72nd in Romania, the retailer said Wednesday.
Retailer Profi Expands Network To 180 Stores
Retailer Profi, controlled by Polish private equity firm Enterprise Investors, on Friday opened its third store in Baia Mare (northwestern Romania), bringing its local network to 180 units.