Retail&Consumer
Serban Radu, Carturesti: We’ll Open At Least Two Bookstores, See EUR20M Sales
Carturesti bookstore chain has grown to 21 stores, eight of which in Bucharest and the rest in other parts of the country. Its best bookstores are Carturesti Verona and Carturesti Carusel bo...
MOL To Convert Half Of Network Into ‘Supermarket’ Gas Stations
MOL Romania, the local subsidiary of Hungary’s oil group MOL, says it plans have the Fresh Corner concept implemented in 100 of its gas stations by the end of the year.
C&A Posts Profit In Romania, Losses In Spain And Portugal
Clothing retailer C&A doubled its net profit in the last two years in Romania; on the other hand, the company announced it would close 23 stores and lay off 300 employees in Spain, as well a...
Starbucks Wants To Reach 60 Coffee Shops In Romania By 2020
U.S. coffee shop chain Starbucks has ambitious expansion plans on the Romanian market in the upcoming period and plans to hire some 500 people until 2019.
Sporting Goods Retailer Hervis Steps Up Expansion
Sporting goods retailer Hervis has budgeted at least six store openings this year, double as many as in its best year so far.
Metro Sells Its Last Four Real Hypermarkets In Romania
German group Metro on Friday sold the shares held in Real Hyper Magazine SRL, which operates four Real stores in Romania, to the company Terazone Enterprises Limited.
Penny Market Set To Double Network In Romania To 400 Stores
Penny Market will open 20-25 new stores and remodel and rebrand six XXL Mega Discount stores into Penny Market, says Daniel Gross, the Romanian executive in charge of Penny Market.
Lidl Reached 200 Stores In Romania, Aims To Open Ten New Units In 2017 FY
German discount retailer Lidl will be opening ten new units in 2017 financial year (between March 1, 2017 and February 28, 2018), keeping its expansion rate over the last years.
Competition Council Applied Fines Of EUR15M In 2016
Romania’s Competition Council applied fines of over EUR15 million in 2016, to 119 companies, of which 93 admitted having concluded anti-competitive agreements, according to Bogdan Chiritoiu,...