Retail&Consumer
Homelux Stores Could Reopen On May 4
Home décor stores Homelux should reopen on May 4, says store chain owner, businessman Omer Susli, after having had to close due to the pandemic.
Online Retailers Boast Surge In Book Sales
Online retailers are seeing a surge in sales of books during lockdown due to the COVID-19 pandemic. On the other hand, the bookstores with mostly offline operations have had to close most of...
Sphera Group CEO Georgios Argentopoulos Resigns
Sphera Franchise Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands, announced Friday its CEO Georgios Argentopoulos has resigned effective April 23.
RetailZoom: Sales Of Food, Personal Care Items Up 22%, Home Products Sales Up 27% In Romania In 1Q/2020
Modern retail stores in Romania registered 22% higher sales of food and personal care products and 27% higher sales of home products, by value, on the year in the first quarter of 2020, as p...
CBRE Building Consultancy Division Manages Over EUR80M Worth Of Projects Ongoing In Large Cities
The Building Consultancy division of real estate consulting firm CBRE currently manages projects worth over EUR80 million ongoing in Romania's capital city of Bucharest and the cities of Tim...
Answear.ro: Sales Up 10% In March-April; Online Fashion Market, Valued At EUR250M In 2018, May Double In 2020
Polish online fashion retailer Answear.ro reported nearly 10% increases in sales between March 1 and April 20, 2020, compared with the same period in 2019, due to consumption moving to the o...
Instant Payment Service Managed By Transfond Sees 50% Increase In Transactions In March 2020
Electronic payment system Transfond reported a 50% increase in the volume of transactions in March 2020, in the current context of the COVID-19 pandemic, according to data from company repre...
Colliers: Non-Food Retailers Expect 30% Drop in Sales this Year
Non-food retailers, among the most affected by restrictions due to the Covid-19 pandemic, expect their sales will drop by an average 30% by the end of the year, according to a Colliers Inter...
Dedeman To Install Solar Panels on Its Store Rooftops
Dedeman, the largest Romanian entrepreneurial business and biggest local DIY chain, has started installing solar panels on the rooftops of 28 of its stores to produce electricity for self-co...