Retail&Consumer
Sphera Franchise Group Opens Second Taco Bell Restaurant In Brasov; Reaches 11 Units In Romania
Sphera Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands in Romania and develops the KFC brand in the Republic of Moldova and Italy, continues to expand...
Computer and Electronics Industry Seems Immune to Pandemic
The computer and electronics industry put at EUR3.5 billion last year seems to be immune to the pandemic considering people are no longer spending money on vacations, on going out or on clot...
EY Study: Pandemic to Disrupt Consumer Holiday Shopping Plans
The COVID-19 pandemic will disrupt consumer holiday shopping plans worldwide, according to the fifth edition of the EY Future Consumer Index released Tuesday.
Fashion Days Expects Over 60% Higher Sales in Romania in 2020
Fashion Days, the largest online fashion retailer in Romania, expects to end the year with some 550 million lei sales on the local market, an increase of more than 60% on the previous year,...
GfK: Europeans Have EUR773 Less in 2020 due to COVID-19; Romania Ranks 31/42
Europeans have an average per capita purchasing power of EUR13,894 in 2020, down 5% on the year, but disposable income among the 42 studied countries varies significantly, according to the G...
Local Grocery Store Chains Growing Faster Than International Rivals in Romania
Sales of local supermarkets, i.e. of those part of chains held by local entrepreneurs, rose 17% in May-October, which is the fastest rate of all analyzed by market research company RetailZoo...
Iulius Malls See RON453M in Revenue from Rent in 2019
Iulius Group’s retail properties generated 453 million lei revenue together in 2019, an increase of 14% on the previous year, ZF has calculated from the data the Iulius Group officials suppl...
Metro Resumes Attempt to Sell Real Estate in Romania
Germany’s Metro is trying again after two years to sell its real estate portfolio in Romania. The group seeks to sell and lease back the space of nine stores in its network, to streamline op...
Romania Retail Sales Grow 0.4% on Month in September
Retail sales in Romania grew 0.4% on the month in September and 1.7% when adjusted for seasonality and number of working days, as sales of non-food items grew 5.3%, fuel sales dropped 3.1% a...