Retail&Consumer
Dedeman Owners Buy DIY Retail Chain Praktiker Hellas In Greece For Over EUR130M
Paval Holding, the special purpose vehicle of DIY retailer Dedeman's owners, brothers Adrian and Dragos Paval, will buy the Greek chain Praktiker Hellas and acquire the company and related c...
Operator Of Kenvelo, Lee Cooper And Timeout Stores Montecristo Retail RO SRL Goes Insolvent
Montecristo Retail RO SRL, which operates the Kenvelo, Lee Cooper and Timeout store chain in Romania, has gone insolvent, as decided by the Ilfov Court of Law.
France’s Carrefour Mulls Exit from CEE, Including Romania
French group Carrefour, which has been seeking its direction and implicitly a sustainable business model on a steadily changing retail market for some time, is contemplating exiting Central...
Mobexpert Opens Second Store This Year, Adds New Area To Its Map After EUR10M Investment
Mobexpert, one of the largest furniture retailers and manufacturers in Romania, has opened a large department store on Theodor Pallady Boulevard in Bucharest, following an investment of abou...
Cushman & Wakefield: Romanians Spent EUR40B in 2024 in Major Retail Networks, Up 7% YOY
Romanians in 2024 spent around EUR40 billion in major retail networks, 7% more than in 2023, but the growth pace slowed down, from 11% in the previous year, in line with the survey Romania R...
Unirea Shopping Center Bucharest and Brasov Set To Be Refurbished and Repositioned on Retail Market
The owner of shopping centers Unirea Shopping Center of Bucharest and Brasov wants a repositioning of the units on the retail market, in line with current consumption tendencies, by redefini...
UPDATE: Schwarz Group buys 70% in La Cocos, founder Iulian Nica retains 30%
Germany’s Schwarz Group, the owner of Lidl and Kaufland, is buying 70% in Romanian retailer La Cocos. The founder of the business, entrepreneur Iulian Nica, will keep the remaining 30%.
UK’s Frasers Group Enters Romania With Sports Direct Store In Craiova
UK’s Frasers Group, which owns several brands on various market segments, such as Frasers, Flannels, USC, GAME, Evans Cycles, Jack Wills, has brought the Sports Direct sporting goods brand i...
Catena Posts RON8B Revenue In 2024, Grows To Almost 1,000 Pharmacies
Catena, a 957-pharmacy network in Romania, posted more than RON8 billion revenue in 2024, according to the information it supplied for ZF’s `Cei mai mari jucatori din economie’ (Key players...