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Auchan Opens First Proximity Store In A Petrom Filling Station
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.

Gabriela Stan · 03.05.2017 · 11:34 · 1 min
Bucharest Accounts For A Quarter Of Romania’s Dairy Market, A EUR1B Industry
Retail&Consumer

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...

Ecaterina Craciun · 02.05.2017 · 20:24 · 1 min
H&M Sales In Romania Up 14% In 2016, To RON760M
Retail&Consumer

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...

Ecaterina Craciun · 02.05.2017 · 15:23 · 1 min
How Romania’s Grocery Retail Changed In 15 Years
Retail&Consumer

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.

Loredana Frățilă-Cristescu · 02.05.2017 · 00:00 · 1 min
Local Retail In Five Years: Retailers Bet On Convenience And Online
Retail&Consumer

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...

Loredana Frățilă-Cristescu · 28.04.2017 · 09:14 · 1 min
Diverta Bookstore Chain Sees 20% Sales Growth In Q1
Retail&Consumer

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...

Loredana Frățilă-Cristescu · 28.04.2017 · 00:00 · 1 min
Modern Retail Chains To Hire 5,000 People In 2017
HR

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...

Loredana Frățilă-Cristescu · 27.04.2017 · 00:00 · 1 min
GFK: Romanian Consumers More Optimistic, Ready To Make Larger Purchases
Retail&Consumer

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...

Gabriela Stan · 26.04.2017 · 14:20 · 1 min
H&M To Continue Expansion, Number Of New Stores Depends On New Malls
Retail&Consumer

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...

Loredana Frățilă-Cristescu · 26.04.2017 · 09:53 · 1 min