Retail&Consumer
Auchan Opens First Proximity Store In A Petrom Filling Station
French retailer Auchan has opened the first proximity store in Romania under MyAuchan brand in the Petrom filling station from Militari district, Bucharest.
Bucharest Accounts For A Quarter Of Romania’s Dairy Market, A EUR1B Industry
Dairy sales in capital Bucharest exceed EUR200 million annually, considering that Bucharest accounts for a quarter of the market, according to ZF calculations based on a report by Prodlacta...
H&M Sales In Romania Up 14% In 2016, To RON760M
Swedish apparel retailer Hennes & Mauritz (H&M), which operates more than 50 stores in Romania, reported a net profit of nearly RON14 million locally, in 2016, up only 3% on the year, and sa...
How Romania’s Grocery Retail Changed In 15 Years
The structure of Romania’s grocery retail changed significantly in 2002-2016, and foreign companies came to account for 57% of the market compared with 23% about 15 years ago.
Local Retail In Five Years: Retailers Bet On Convenience And Online
Romanian retail, Romania’s most important industry by total revenue (about EUR100 billion) will develop across all formats over the next five years, but the main bets of retailers are online...
Diverta Bookstore Chain Sees 20% Sales Growth In Q1
Diverta bookstore chain of businessman Octavian Radu, ended the first quarter with 20% higher sales and April sales were 60% higher than in the year-ago month, the company chief executive of...
Modern Retail Chains To Hire 5,000 People In 2017
Supermarket and hypermarket chains in Romania have 5,000 positions available this year when they plan to open 300 stores, the fastest expansion pace ever. The ten modern retail chains had 85...
GFK: Romanian Consumers More Optimistic, Ready To Make Larger Purchases
The economic expectations of Romanian consumers rose to 18.3 points at the end of the first quarter of 2017, which was as positive as they had last been in October 2015, according to GfK’s E...
H&M To Continue Expansion, Number Of New Stores Depends On New Malls
Swedish-held fashion retailer H&M will continue expansion in Romania this year, says Dominique Fantaccino, the French executive who took the reins of the group’s operations on five markets i...