Retail&Consumer
Audio-Video Equipment Retailer AVstore Expects 30% Higher Sales In 2017
Qube Net, the operator of the specialist audio-video equipment retailer AVstore, has seen 30% increase in revenue so far this year and expects to end 2017 with almost EUR4 million revenue, a...
Inditex Opens Biggest Zara Store In Region In AFI Cotroceni Mall In Bucharest
Spain’s Inditex, a group that has 125 stores under eight brands in Romania, has made a series of changes to its stores in AFI Cotroceni mall in Bucharest.
Ten Retail Chains In Romania Have At Least Doubled Sales In 2012-2016
Danish furniture retailer JYSK, sporting goods stores Decathlon and grocery retailer Profi are the retail companies with the highest increase in sales in the past five years, ZF has found fr...
Peeraj Group Expects EUR65M Revenue From 100 Stores Under 10 Brands
Peeraj, the most important fashion franchise group in Romania, has a portfolio of more than ten brands set to reach about 100 stores by yearend. The brands include CCC, Pimkie and Boggi. Two...
Veranda Developer Set To Expand Mall One Year From Inauguration
The developer of the Veranda mall in the Obor area of Bucharest will begin work on expanding it one year after inauguration.
Mega Image Headed Towards EUR1B Sales Following 7.5% Growth In H1
Belgian-Dutch retailer Mega Image, which has more than 560 small-format stores in Romania, posted 2.3 billion lei (EUR511 million) sales in the first half, an increase of 7.5% on the year-ag...
Apparel Sales in Romania Headed To RON13B In 2018
Apparel sales in Romania will reach almost 13 billion lei (EUR2.82 billion) in next year, after having grown by more than 12% in 2016-2018. The market is dominated by international brands su...
Praktiker, Studio Moderna Relocate HQs to Sema Industrial Park
River Development, the real estate manager and developer of the Sema Office business park and Sema Parc industrial park, has attracted new tenants this year: Mega Image, Praktiker, and Studi...
Sphera Franchise Group Starts Trading Wednesday November 8
Sphera Franchise Group, the holder of the franchises for the KFC, Pizza Hut, Pizza Hut Delivery and Taco Bell restaurants on the Romanian, Moldovan and NE Italian markets will start trading...