Retail&Consumer
Over EUR1B Deals Transformed Romanian Grocery Retail In Past Decade
German-held discount store chain Lidl is in talks to buy two XXL Mega Discount stores from fellow German group Rewe in Romania in a EUR5 million to EUR10 million deal, market sources say. Th...
eMAG Registered 50% More Orders On Year In December 2016
Online retailer eMAG registered 50% more orders in December 2016, compared with the same period a year ago, and January also saw an upward trend, in the context of sales campaigns, according...
Private Labels Account For 30% Of Penny Market Sales In Romania
Private label products of discount retailer Penny Market, controlled by German group Rewe, account for 28-30% of the company’s total sales, said Daniel Gross, Rewe Romania general manager.
Lidl In Pole Position To Buy Two XXL Mega Discount Stores
German discount retailer Lidl is in pole position to buy the XXL Mega Discount stores in Sibiu and Galati, owned by German group Rewe, according to market information.
Private Label Products Contribute EUR220M To EUR280M To Kaufland’s Sales
Private labels, no-name products retailers launched to take on established brands, have grown to 13% of the total products on Kaufland hypermarket shelves.
Enterprise Investors Paid EUR24M To Acquire Noriel Group, Plans To Double Noriel Stores In Next Years
Polish private equity fund Enterprise Investors paid EUR24 million in 2016 to acquire toy store chain Noriel and its growth plans include, among others, to double the number of Noriel stores...
eMAG Turnover In Romania Up 40% In 2016
eMAG, the biggest online store on the local market, registered an increase of 40% in turnover in 2016 in Romania, said Iulian Stanciu, CEO of the group with operations on several markets in...
Retailers Plan To Open At Least 300 Stores In Romania In 2017
The ten modern retail chains in Romania plan to open at least 300 stores this year, which is the fastest expansion pace since the launch of modern retail in the country in 1996.
Lidl Opens New Store In Drobeta Turnu Severin
German discount retailer Lidl will open a new unit in Drobeta Turnu Severin city, southwestern Romania, which will cover 1,200 square meters, the company said in a statement.