Retail&Consumer
Lidl Buys Two Stores From Penny Market In EUR6M-EUR8M Deal
German-held discount store chain Lidl bought two XXL Mega Discount stores in Sibiu and Galati for its direct rival Penny Market, market sources say. The deal comes after the closing of the e...
eMAG To Launch Credit Card, Tap Tourism Market, Sell Casco Insurance In 2017
eMAG, the largest online retailer in Romania, will be launching a credit card, in the second half of 2017, and also plans to enter the tourism market and sell voluntary car insurance policie...
eMag 2016 Turnover In Romania Up 45% To RON2.02B
eMag, the biggest online retailer on the Romanian market, reported a turnover of RON2.02 billion (EUR449 million) in Romania, in 2016, up 45% on the year, according to Iulian Stanciu, CEO of...
The Body Shop: 2017 Started Unusually Well
Cosmetics retail chain The Body Shop, which has been in Romania for about 18 years, has budgeted double-digit growth for this year, the highest growth in the last few years.
Sensiblu Retail Pharmacy Chain Sales Up 40% To RON1.7B
Sensiblu, the second leading pharmaceutical retail chain in Romania, ended last year with about 1.7 billion lei (EUR371 million) sales, an increase of 40% on the previous year, while the num...
Germany’s Aldi Group Starts Recruitment Process In Romania
Germany’s discount store chain Aldi has started the process the recruit a local management team, which is the first step of its intent to enter Romania, market sources say.
Deichmann Romania Posts RON380M Turnover In 2016, Plans To Open Seven New Stores In 2017
Footwear retailer Deichmann Romania, part of German group Deichmann, ended 2016 with a turnover of RON380.5 million, up 15.9% from RON328.4 million in 2015, after the local store chain had s...
BT Chief Economist: Private Consumption In Romania Likely To Grow 5% In 2017
The positive evolution registered by retail trade over the last quarters was due to improved consumer confidence bolstered by wage raises and a positive climate in the leu lending sector.
Online Toy Retailer BestKids Opens First Physical Toy And Kids’ Items Store, In Cluj
BestKids, one of the biggest online stores selling toys, games and kids’ items in Romania, inaugurated the first physical store, in Cluj, following an investment of over EUR50,000.