cora
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2015, Cora’s Third Year In The Red In A Row
Cora Romania hypermarket chain ended last year with 40 million lei (EUR9 million) losses, 60% higher than in 2014.
Cora Shuts Down Hypermarket In Arad In June
French-Belgian retailer Cora, which operates a 12-hypermarket network in Romania, will be shutting down its store in Arad, western Romania, as of June 1.
Cora Romania Banks On Online Segment, Set To Open Three New Drive-Ins In 2015
The company’s revenue rose by 4.5% last year, to 1.7 billion lei, below the 7% consumption increase.
Mega Image And Carrefour Vying For Top Spot In Bucharest
Bucharest alone contributes 35% to 45% of the revenue of the local retail industry, which makes it the most powerful market and hottest place to be for store chains.
Three Female Directors Supervise Cora’s Product Purchases
The executives in charge of purchasing food and non-food products for Cora’s 12 hypermarkets in Romania are three Romanian women who manage a portfolio of more than 1,000 suppliers and about...
Cora Starts Home Deliveries In December; Launches coradrive.ro Service At Two More Stores In 2015
French-Belgian retailer Cora, which operates a 12-hypermarket network in Romania and holds the coradrive.ro service at cora Lujerului store, will start home deliveries in December, after con...
Victoria City Development Hazy As Cora Considers Pulling Out
The development of the shopping center Victoria City on the site of the former Textila Dacia plant in Bucurestii Noi district in NW Bucharest is hazy, now that retailer Cora intends to drop...
Philippe Lejeune: Cora Set To Consolidate Its Business In Romania
French Philippe Lejeune, the executive who has been running the 12 Cora hypermarkets in Romania, said the retailer has no intention to sell its operations in Romania, but to consolidate its...
Cora Halts Expansion In Romania
French retailer Cora, which operates 12 hypermarkets in Romania, has halted expansion in the country because shareholders are unhappy with its performance, market sources say.