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Retail Networks Push For Expansion After Combined Profit Doubled Last Year
The consumers' lower disposable income, the sales tax increase and the economic crisis are not reflected in the balance sheets of the major retailers operating in Romania. The combined profi...
Cora Announces Bold Expansion Plan: 20 To 25 New Stores By 2015
French hypermarket operator Cora, which until recently had a slow expansion on the Romanian retail market, is shifting strategy: Thursday it announced plans to open 20-25 stores in the next...
Cora Romania Opens Hypermarket In Arad, After EUR5M Invest
Retailer Cora Romania launched Thursday its eighth hypermarket, in the Galleria Shopping Center Arad, following an investment of EUR5 million.
Cora Romania To Launch Its Eighth Store On October 6 In Arad
Retailer Cora Romania on Tuesday said it will launch its eighth store in Romania, on October 6, within the Galleria mall of Arad, developed by Globe Trade Center.
Cora’s Private Labels Reach 8% Of Food Sales
Sales of food, detergents and hygiene private labels sold by the Cora chain almost doubled last year compared to 2009, and reached 8% of the total, i.e. EUR20 million, according to ZF estima...
EBRD Considers Lending EUR210M To Cora Expansion In Romania
The European Bank for Reconstruction and Development, or EBRD, on Thursday said it is considering granting a loan of EUR210 million to the Louis Delhaize Group, for the expansion of its Cora...
Most Profitable Stores In Modern Retail: Cora, Selgros And Metro Cash&Carry
Only three of the 15 companies in modern retail managed to generate profit of above EUR1 million per store last year.
AFI Europe To Break Ground On Ploiesti Mall In Fall
Real estate developer AFI Europe on Wednesday said it will start in fall the construction of a EUR35 million mall, in southern Romanian city Ploiesti, set for completion in 2012.
Top-Performing Hypermarkets Are Located In Working Class Districts
Cora Lujerului (Militari), Auchan Titan, Carrefour Orhideea and Real Vitan are the stores with the highest sales of the four hypermarket chains in Romania, whose annual sales amount to EUR2....