Retail&Consumer
Starbucks Trades Office Buildings for Street Front Locations in 2020
Coffee shop chain Starbucks operated in Romania by Poland’s Amrest group ended last year with 54 stores, after three new openings and one closure, the annual report of the group says.
Second-Hand Fashion Market on the Rise in Romania
The second-hand fashion market in Romania is developing like the regular fashion market, so retail and chains are emerging. This market started taking shape in Romania more than a decade ago...
Vivre Deco Raises EUR7M in Corporate Bond Sale
Online furniture and home decor retailer Vivre Deco has raised EUR7 million selling corporate bonds via private placement brokered by TradeVille.
Portico Investments Sells Six Buildings to Praktiker Real Estate and Lidl for EUR8.5M
Developer Portico Investments Romania, advised by Colliers, has completed the sale of six retail buildings to Praktiker Real Estate and Lidl Romania, in two transactions amounting to EUR8.5...
Profi Seeks to Double Market Share to Almost 24% by 2024
Retailer Profi held by buyout investor Mid Europa Partners, seeks to expand to 2,500 stores by 2024, as well as attain RON20.5 billion sales and 23.9% market share, a report of the company s...
Hervis Romania CEO: Only 7%-8% of Romanians Exercise Every Week
More and more people are now aware they need to exercise and that a healthy body handles complicated health situations better, says Catalin Pozdarie, chief executive officer of sporting good...
Polish Online Retailer Born2be Enters Romanian Fashion Market
Polish online retailer Born2be has recently entered the Romanian fashion market, with the launch of its platform locally, and the offer includes clothing, footwear and accessories.
Antitrust Body Looks Into Profi’s Acquisition Of Ten Stores From Pronto Mobile
Romania’s Competition Council is looking into an operation whereby supermarket and convenience store chain Profi Rom Food SRL is acquiring ten convenience stores from Pronto Mobile SRL.
GfK: Romania Durable Goods Market Grows 26% YoY In January-February 2021
The Romanian durable goods market grew 12.5% in 2020 and the beginning of 2021 brought an increase of 25.9% for January-February, compared with the first two months of 2020, per a GfK survey...