Retail&Consumer
Mega Image Opens Its First Store In Oradea
Grocery retailer Mega Image has opened its first store in the city of Oradea and plans to open two new units by the end of 2020, continuing its expansion strategy to new cities in Romania.
Hilton Hotels Management Expects 80% Drop in Travel Industry This Year
Apex Alliance Hotel Management, which manages three hotels inBucharest - Hilton Garden Inn Old Town, Hilton Garden Inn Bucharest Airport and Courtyard by Marriott Bucharest Floreasca – will...
Coronavirus Pandemic Reinvents Online Commerce: Stores Start Offering Virtual Tours Online
Top Shop is launching a virtual store in Romania, in the context of physical store closures, enabling customers to examine the products and receive guidance via video calls.
CBRE: Electro-IT, Home&Deco Retailers May Expand Their Storage Spaces By At Least 50% In Next Two Years
Online retailers operating in the electro-IT and Home&Deco sectors might expand their storage spaces by at least 50% over the next two years, against the backdrop of an increase on this segm...
Diverta Set to Reopen Bookstores
Bookstore chain Diverta, which has 30 units countrywide, reopened its location in the Bucharest city center Wednesday and is set to reopen three other street locations Thursday.
Decathlon Keeps Investing in Romania, CEO Says
Decathlon is the undisputed leader of the sporting goods retail in Romania, with some EUR200 million sales in 2018, according to the latest publicly available data. It has a network of 27 br...
Nordis Group Invests EUR70M In Mixed-Use Compound In Mamaia Nord
Real estate developer Nordis Group, established by real estate consultant Emanuel Postoaca, is building a mixed-use compound in the Mamaia Nord seaside resort, including a five-star hotel an...
Vivre Deco Sales Grow 42% in Jan-Apr, to EUR22M
Online furniture and home decor retailer Vivre Deco, held by local entrepreneurs, posted a 42% annual rise in sales in January-April 2020, exceeding EUR22 million, the company said Tuesday.
JYSK: Online Sales Up Over 80% In Past Two Months
Furniture retailer JYSK reopened 11 of its 85 stores in Romania on April 23, which are not in shopping centers., Alex Bratu, country manager of JYSK Romania and Bulgaria, said.