Retail&Consumer
Pain Plaisir To Open New Unit, In Bucharest’s J8 Office Park Project; Eyes EUR2.5M Turnover In 2021
Artisanal bakery Pain Plaisir will be opening a new store, in capital Bucharest, in November 2021, within the J8 Office Park project, reaching four units in Bucharest, and targets a turnover...
Footwear Retailer CCC Sales Double in Q1
Polish footwear retailer CCC, which manages the brand by the same name and other brands, posted PLN122.6 million (RON132 million) sales in Romania in the first quarter of its 2021 financial...
Going Green: Modern Retailers Invest in PV Panels for Stores and Warehouses
Half of modern retail actors are betting several million euros on green energy, equipping their stores with photovoltaic panels and spending on biogas power stations.
Mega Image, eMag Mutually Agree To Terminate Eight-Year Partnership Starting July 30, 2021
Dutch-Belgian grocery retailer Mega Image and online retailer eMAG on Thursday said they mutually agreed to terminate, as of July 30, 2021, the partnership they had started eight years ago.
Cargus Invests Over EUR1M To Expand Car Fleet
Parcel delivery company Cargus is investing over EUR1 million in expanding its car fleet by 58 Ford vehicles until the end of 2021, through a partnership with Tiriac Auto, the licensed distr...
Marco Giudici to Replace Frank Wagner as Lidl Romania CEO in November
German-held discount retail chain Lidl, the leader of grocery retail in Romania, announced Marco Giudici will take over as chief executive officer on November 1, 2021, following departure of...
Metro Cash & Carry Seeks Double-Digit Growth in 2021
German-held Metro Cash & Carry group has budgeted double-digit growth in revenue year-on-year in 2021. Its officials say they are optimistic about the second half after the first half perfor...
Cora Closes Baia Mare Hypermarket
French-Belgian retailer Cora has recently closed its hypermarket in Baia Mare, keeping only ten such stores in Romania. This is the second time the network has closed a hypermarket in the co...
Dedeman in Talks to Buy Land Next to Ikea in Timisoara
The Paval brothers, owners of DIY retailer Dedeman, are in talks to buy land from businessman Ion Tiriac next to where the new Ikea is set to be in Timisoara and could pay EUR15 million for...