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Kaufland’s Plans For 2014: At Least 7 New Stores And Up To EUR90M Investments
Kaufland, the largest food retailer on the Romanian market, plans to open seven to nine stores and targets investments of EUR50 million up to EUR90 million in 2014.
Mega Image To Reach 260 Stores In Romania End-October
Mega Image, part of Belgian retail group Delhaize, plans to open five more stores in Romania in October, reaching a network of 260 units by the end of the month.
Profi To Rent Spaces Of Five Pita Supermarkets In NE Romania
Retailer Profi, controlled by Polish private equity firm Enterprise Investors, will rent five Pita supermarkets in Botosani (northeastern Romania) and rebrand the stores after getting the no...
Auchan Wants 10 Million More Customers In Stores Bought From Real By 2015
Auchan Romania plans to attract 10 million more customers in the Romanian stores it bought from Real, a 30% increase on the 36 million customers of the Real stores in 2012, Patrick Espasa, C...
Mega Image Network Hits 250 Stores With New Opening In Bucharest
Retailer Mega Image, part of Belgian group Delhaize, will reach a network of 250 stores with the opening of a new Shop&Go convenience store in Bucharest Wednesday.
Toy Retailer Jumbo Plans To Open Two Stores In Romania By End-2013
Greek toy retailer Jumbo plans to open two stores in Romania by the end of 2013, namely, one in western city of Timisoara and one in capital city Bucharest.
Modern Retailers Set To Open More Than 100 Stores In Time For Winter Holidays
Foreign retail chains are trying to boost revenue at the end of the year relying on the renewed consumer spending appetite around the holiday season after a slow summer.
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.
Gica Popescu’s Shopping Complex Goes Insolvent, Closes Down
Shopping complex Doldora Bazaar in southwestern Bucharest, developed by former footballer Gica Popescu and two business partners, went insolvent and has recently closed after reality proved...