hypermarkets
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PIC Hypermarkets In Craiova, Calarasi, Braila Put Up For Sale Again
The former PIC hypermarkets in Craiova, Calarasi and Braila, as well as a plot of land in Blejoi, Prahova county, will be put up for sale again on April 25, by judicial administrator Pricewa...
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.
Multinational Chains Dominate Romanian Retail
Romanian modern retail is dominated by foreign networks, which boast annual sales of EUR8.5-EUR9 billion. No local entrepreneur manages to compete against Kaufland, Lidl and Carrefour, and n...
PIC Hypermarkets Put Up For Sale As Takeover Deal Falls Through
Romanian insolvent hypermarket network PIC has been put up for sale by its legal administrator PricewaterhouseCoopers Business Recovery Services (PwC) after businessman Nicolae Sarcina quit...
Cora’s Mall In Constanta 70% Complete, Set To Open In 2013
Retailer Cora Romania, which has a nine-hypermarket network, will open its first mall on the local market in Constanta (southeastern Romania) next June, following a EUR70 million investment.
Hypermarkets – Top Weekend Shopping Destination
Romanians spent 197 lei (EUR44) every time they shopped in a hypermarket last year. Hypermarkets remain consumers’ favorites when it comes to a high shopping volume, the so-called weekend sh...
Agriculture Minister: Half of Food In Hypermarkets Comes From Domestic Output
Half of the food products sold in Romanian hypermarkets come from domestic output and this share should further increase, Agriculture Minister Daniel Constantin told Mediafax Talks about Bre...
Cora Gets Largest Loan Granted By EBRD To A Romanian Retailer
French-Belgian retailer Louis Delhaize, which owns the most profitable stores on the Romanian market, says the European Bank for Reconstruction and Development approved a EUR210 million loan...
Kaufland, Auchan, Carrefour And Cora Continue To Expand On Former Industrial Sites In Bucharest
Kaufland is getting ready to finish the acquisition of a plot of land from the Romprim plant in Berceni (southern Bucharest), Auchan is buying another plot from Grantmetal in Crangasi (west...