Retail&Consumer
All the World’s 20 Most Valuable Brands Are Present in Romania
The world’s 20 top brands in 2020 are jointly valued at $1,575 billion, in line with an Interbrand consultancy ranking. All these brands are in one way or another present in Romania.
Romanian Consumers Spent RON7.9B on Beer in Retail Stores in 2020
Sales of beer dropped slightly by 2.3% in Romania last year, amid the COVID-19 pandemic that either had on-trade locations closed or comply with certain restrictions to operate for most of 2...
Angst Group Set to Continue Retail Development in Romania
Angst group, one the largest meat processors in Romania, has three small specialist stores under its own brand operational at the moment and plans to continue development.
Cora Teams Up with tazz by eMag to Deliver in 60 Min at Most To Clients in Bucharest and Another Five Cities
Cora is further expanding its Cora Express service by launching a new partnership with tazz, eMAG’s home delivery platform, for clients of Bucharest, Cluj-Napoca, Constanta, Bacau, Drobeta a...
Romania’s Modern Retail Landscape After 1H/2021
In the first six months of 2021, international chains opened 170 units of the around 400 previously planned. Some networks are stepping up expansion in 2H to hit their target.
Pandemic Impact On Retail Parks And Shopping Malls In Romania
Companies owning retail parks in Romania saw their turnover slide by just 9.5% in 2020, compared with a 20.6% decline for shopping malls, per a report by real estate consulting firm Cushman...
IKEA: Construction of Timisoara Store Will Take One Year
Sweden’s IKEA says the development of the store it is building near Timisoara will take 12 months, with variations depending on field work conditions.
Delivery Platforms Enter Direct Competition with Food Retailers
Delivery platforms have in recent years permanently and definitively changed the way the domestic food retail works, and the plans of companies such as Foodpanda or Glovo do not stop here.
H&M Sees 19% Higher Sales in Romania in H1
Swedish-held fashion retailer H&M posted SEK 1.046 billion (EUR102 million) sales in Romania in the first half (December 1 – May 31) of this year, an increase of 19% on the year-ago period.