Retail&Consumer
Slow Start Of The Year For Modern Retailers: Only 17 New Stores In January
Modern retailers opened only 17 stores in January, all of them small format stores such as supermarkets, convenience and discount stores. Half of the ten modern retail chains opened at least...
PMR: Retail Markets In Romania And Bulgaria Expected To See Fastest Growth Rates In Coming Years
Food retail markets in Romania and Bulgaria are expected to see the highest growth rates in the region, in coming years, analysts of market research firm PMR said in a report.
Shopping Mall Sun Plaza Had Sales Of Over EUR200M In 2016, Occupancy Rate Of 100%
Some 14 million people visited shopping mall Sun Plaza in 2016, located in Bucharest’s Sudului Square, a record high in the history of the mall opened in 2010.
Competition Council Clears Takeover Of Profi Rom Food SRL By MEP Retail Investments SRL
Romania’s Competition Council has approved the transaction whereby MEP Retail Investments SRL takes over retail chain Profi Rom Food SRL.
PwC: Romanian Coffee Market Rose To EUR435M In 2016
Coffee sales in Romania rose last year to nearly EUR435 million, due to a higher purchasing power, the removal of the excise duty in 2016 and the development of coffee shops, according to a...
Furniture Maker Lemet To Set Up Export Department In 2017
Romanian furniture store chain LEM'S, operated by furniture producer Lemet Campina, scheduled investments of nearly RON20 million for 2017.
Start Of 2017 Below Expectations, Retail And Real Estate Companies Say
January 2017 performed below expectations for the retail and real estate companies, which blame it on the cold and snow that cut Romanian consumers’ appetite for spending.
Secom Pursues Expansion, Expects EUR20M Sales In 2017
Secom, a company specializing in import and sale of nutritional supplements, last year invested more than EUR600,000 in national expansion and this year’s goal is to reach 13 stores.
PMR: Romania, Bulgaria Fastest Growing Modern Retail Markets In CE In Upcoming Years
The grocery market in the CE region is expected to register steady growth in the coming years and reach EUR145.8 billion in 2021, while the Romanian and Bulgarian markets, which are the leas...