Retail&Consumer
Colliers: Online Shopping Could Become More Widespread in the Future
Romanians have gained more confidence in online shopping amid restrictions imposed to limit the spread of Covid-19 and this behavior could become habitual for a larger chunk of the populatio...
Vivre Deco's EUR3.5M Bonds Get OK for Stock Market Trading
Romania's financial watchdog on Wednesday authorized the registration of bonds issued by Vivre Deco, one of the largest online retailers of furniture and home decor in Central and Eastern Eu...
Edelman: Consumers Expect Companies To Find Solutions To Coronavirus-Led Crisis
Companies must come up with solutions to help address the societal challenges posed by Covid-19, instead of selling passion or image, and brands play a critical role during this period, as t...
Profi Keeps Expansion At Regular Pace; Opens 20 New Stores In March 2020
Grocery retail chain Profi, held by buyout investor Mid Europa Partners, continues its expansion at a regular pace, despite the Covid 19 pandemic, by opening 20 new stores in March 2020.
Penny Market: Investment Budget Unchanged For Now
Discount retail chain Penny Market has not changed its investment strategy amid the pandemic, but it might happen, and the decision will depend on the number of new coronavirus cases, on the...
KeysFin: Romanian Pharmaceutical Industry To See Record Sales Due to Pandemic
The Romanian pharmaceutical industry will see record sales in 2020 on increased demand prompted by the coronavirus pandemic, according to KeysFin estimates.
Retailer Profi Set To Continue Development As Planned
Grocery retail chain Profi held by buyout investor Mid Europa Partners will continue to open new stores at the pace set at the beginning of the year, despite the pandemic and announced it wo...
Retailer Mega Image To Freeze Prices Until End-April
Retailer Mega Image, which has around 800 supermarkets and convenience stores in Romania, said Monday it would freeze prices on all its products until at least the end of April.
Footwear Manufacturer Denis Shuts Down Factory, Stores amid Coronavirus Pandemic
Footwear manufacturer Denis group, based in Suceava, which also has retail operations under the brand Anna Cori, has shut down its production facility and stores indefinitely due to the coro...