Retail&Consumer
GfK: Romania’s FMCG Market Up 5.7% In 2018 Due Mostly To Price Hikes
Romania’s fast moving consumer goods (FMCG) market grew an annual 5.7% in 2018, mostly due to inflation, according to a study by market research firm GfK.
Smyk Opens Store in Baia Mare, Targets 20 Stores in Romania by Year-End
Polish Smyk Group, specialized in selling children’s products, will open a new store on March 1, in Baia Mare, reaching 14 units in Romania, the company said in a press release Wednesday.
German Fashion Retailer Kik Opens Second Store in Bucharest in Liberty Center
German fashion retailer Kik Textilien will be opening its second store in Bucharest at the end of the first quarter, in the Liberty Center shopping mall.
PayU: Romania’s Electronic Commerce Market To Overshoot EUR4.5B In 2019
PayU expects Romania's e-commerce (electronic commerce) market to exceed EUR4.5 billion in 2019 and the growth trend to continue in coming years, as the cross-border e-commerce is expanding.
Sphera Consolidated Sales Grow 24.6% in 2018, to RON771M
Sphera Franchise Group, which manages over 100 restaurants under the KFC, Pizza Hut and Taco Bell brands, said Tuesday its consolidated sale sin Romania, Moldova and Italy grew 24.6% on the...
Kaufland Romania To Raise Minimum Income For Its Employees
Retailer Kaufland Romania said it plans to raise the minimum monthly income for employees in its stores to a gross RON3,300 and update its employee benefit package as of March 1.
Liebrecht & wooD Romania: Bucharest Would Need at Least One More Outlet-Type Project
Fashion House Militari outlet, developed by Belgium’s Liebrecht & wooD group, posted EUR18.7 million sales in 2018, generated by its about 60 tenants. The sales were 15% higher than in 2017.
Cora CEO Denies Rumors of Plans to Sell Romanian Operations
French hypermarket chain Cora will remain in Romania and will continue to expand on the local market, Cora Romania CEO develop Thierry Destailleur said Thursday, dismissing rumors of a poten...
Carrefour in Talks to Buy 11 Cora Hypermarkets in Romania
French-held Carrefour, the second largest actor on the local retail market, is looking into buying the 11 Cora hypermarkets in Romania, market sources told ZF. The talks are being held one t...