Retail&Consumer
C&W Echinox: Modern Retail Stock to Top 4 Million Sqm Mark in 2020
Modern retail stock in Romania, consisting of shopping centers, retail parks and commercial galleries with a lettable area of at least 5,000 square meters, has reached 3.96 million sqm and w...
Glovo Expands to Two More Romanian Cities
Glovo, a quick delivery service app, has become available in Bistrita and Targu Jiu, and now covers 31 towns and cities in Romania.
Farmec Online Sales Double in 1H/2020
Farmec Cluj-Napoca, the biggest local cosmetics manufacturer, said Thursday its online sales doubled in the first half of 2020 compared with the same period in 2019.
Perfume Sales Seen Down 14% in 2020 after Years of Growth
Sales of perfumes in Romania are expected to decline 14% this year as the Covid-19 pandemic prompts consumers to curb non-essential spending. The decline comes after years of constant growth...
Starbucks Opens Coffee Shop In Downtown Bucharest
US-held coffeehouse chain Starbucks has opened a unit in the heart of capital city Bucharest, in Romana Square, No. 8, within a historical building. This is the company’s first street-level...
Accor Group Appoints Raluca Mihaescu GM Of ibis Bucharest Politehnica Hotel To Open This Autumn
Accor hotel group has appointed Raluca Mihaescu to the position of general manager of the ibis Bucharest Politehnica hotel, which will be inaugurated in the autumn of 2020.
Photo And Video Retailer F64 Reports 28% Lower Net Profit, Of Nearly RON3M, In 2019
F64 Studio, the company operating the largest photo and video retailer on the local market, ended 2019 with a turnover of RON111.4 million (EUR23.5 million), up 1% on the year, per Finance M...
Elefant.ro 2019 Turnover Grows 26% To RON170M, Net Loss Shrinks 11% To RON19M
Elefant Online, which operates online retailer elefant.ro, one of the largest online stores on the local market, reported a turnover of RON170 million (EUR35.8 million) in 2019, up 26% from...
Jerry’s Pizza Chain Invests Over EUR140,000 In New Unit, In Bragadiru; Reaches 22 Units In Romania
Jerry’s Pizza, an operator on the delivery and take-away segment, has extended its store chain in Romania, by investing over EUR140,000 in a new unit, in the town of Bragadiru, reaching a to...