The chain had six stores in three cities: Bucharest, Iasi and Focsani (eastern Romania) at the beginning of this year. The company closed the store in Focsani first. The supermarket in Iulius Mall in Iasi was the second to go, replaced by a Carrefour Market. The store in Hala Centrala will be replaced by a Carrefour Market, as well, the shopping center’s officials said.
The company announced in September that it had sold all the three stores it had in Bucharest (in Plaza Romania, Bucuresti Mall and in Colentina district) to the Belgian-held Mega Image.
G’Market’s two competitors will fill the void left by chain, one of the first modern retailers to arrive in Romania.
(English version by Loredana Fratila-Cristescu)