Retail&Consumer
Austria’s XXXLutz Invests EUR5M In 12,000-Sqm Store In Oradea
Austrian furniture and home decor retailer XXXLutz, with annual sales of EUR4.65 billion, will be opening its second store in Romania, under the Mömax brand, in western city of Oradea, by th...
Unirea Shopping Center Switches to RON23M Profit in 2018
Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, posted a profit of RON23.2 million in 2018, compared with a loss of RON34.8 million in 2017, afte...
Iulius Town, Biggest Retail Project in Western Romania, Opens End-August
Iulius Town, a EUR220 million real estate project developed by Iulius and Attenbury Europe, will be inaugurated on August 30, Iulius Group said in a statement Thursday.
GfK: Brick-and-Mortar Retail in Romania, Lithuania to See Highest Growth in EU in 2019
Romania (+7%) and Lithuania (+5.9%) are expected to have the highest growth rates in 2019 for brick-and-mortar retail in the 27 EU nations (excluding the UK) even though purchasing power rem...
Farmec Opens First Franchised Gerovital Store in Bacau
Farmec Cluj-Napoca, Romania’s leading cosmetics manufacturer, also active on the retail market, marks the launch of its franchise system for its Gerovital brand stores by opening the first s...
Fashion Retailer Kik Already at Almost 20 Stores in Romania, Thinks Market Can Take over 250
German-held kik group, which operates in the discount fashion retail and arrived in Romania last fall, has already opened almost 20 stores in this country and plans to reach the 35-store mil...
Doraly Rents New Pavilion to Danish Retailer Jysk After EUR1M Investment
Doraly Expo Market, one of the largest retail parks in Romanial locate din Afumati, near Bucharest, has rented one of its three new pavilions opened this year to Danish furniture retailer Jy...
IKEA Opens Second Store in Romania on June 24
Swedish furniture and home décor retailer IKEA will open its second store in Romania, in southern Bucharest, on June 24.
LaDoiPasi Retail Chain Set to Reach 1,100 Stores by Yearend
The LaDoiPasi franchise that German-held Metro Cash & Carry launched in 2012 now numbers 860 stores, the most ever, and the officials of Metro say they seek to open about 250 more by the end...