modern
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Romania’s Modern Retail Space Stock Stands At More Than 4.3M Sqm
Romania has a total modern retail space stock of more than 4.3 million square meters, of which over 2.7 million square meters are malls and the rest mainly retail parks, the annual market report published by real estate consultant Colliers shows.
Most Productive Employees in Modern Retail Generate RON1.5M Revenue/Year
The revenue per employee, a key indicator of the local modern retailer, ranges from 440,000 lei to 1.5 million lei (EUR93,000 to over EUR317,000), ZF has calculated from publicly available d...
Ten Modern Retailers’ Revenue Up 11% To RON53B In 2017
The ten chains in Romania’s modern grocery retail posted more than 53 billion lei (EUR11 billion) revenue in 2017, 11% above the 2016 level.
2017 In Review: Ten Most Important Events In Modern Retail
Modern retail is an about EUR11 billion market with more than 2,000 stores, dominated by ten international groups. The sector continued to expand in 2017, at the same rate in as the last few...
Private Label Products Up To Almost 25% Of Modern Retail Sales
Retailers sold EUR2.2 billion to EUR2.4 billion worth of private label products last year. Private labels now account for almost one quarter of the total sales of modern retail, going from 1...
15 Grocery Retail Brands Gone In Ten Years
Local grocery retail has lost - deliberately or not, a number of brands over the past decade. Either bankrupt, sold, or simply dropped for strategic reasons, a number of supermarket and hype...
Modern Retail Grows To 60% Of Grocery Retail From 40% In 2008
Hypermarkets now account for almost one third the local grocery retail, as Romanian consumers spend about EUR5 billion in such stores every year. Modern retail has grown to 60% of the overal...
Nestle Romania CEO: Local Modern & Online Retail Grows Twice As Fast As In W Europe
Nestle Romania Chief Executive Officer Herve de Froment said Romania is the place to be when it comes to the revolution of modern retail and e-commerce, because what took Western European co...