Retail&Consumer
Romanian Fashion Brand Murmur To Be Present At Galeries Lafayette In Paris
Romanian luxury clothing brand Murmur will be present, as of Friday, at Galeries Lafayette in Paris, which is France’s famous department store chain, the company said on Thursday.
AFI Cotroceni Stores Post EUR250M Sales In 2016
Consumer spending increase drove up the sales of the stores in AFI Cotroceni mall by more than 10% to EUR253 million in 2016, according to Africa Israel, the owner of the mall.
Supermarket And Discount Store Chains Go To New Residential Compounds
Modern retailers operating small format stores of less than 1,000 square meters have been opening stores close to or in the new residential compounds in Bucharest and in the rest of the coun...
Help Net Revenue Up 12% To EUR114M In 2016
Help Net, the fourth leading pharmaceutical retailer, has grown past 200 pharmacies in Romania and its revenue went up 12% to EUR114 million in 2016 year-on-year. The owner of Help Net is Ov...
Penny Market To Invest EUR70-80M In Romanian Network Expansion In 2017
Discount retailer Penny Market, controlled by German group Rewe, will open 20-25 new stores this year, following investments of EUR70 – 80 million, according to Daniel Gross, Rewe Romania ma...
Fast-Food Restaurant Chain Spartan Reaches 30 Units, Plans To Expand Abroad
Fast-food restaurant chain Spartan, developed by Romanian Stefan Mandachi, has reached 30 units, of which 11 own stores and 19 in franchise system.
Romanian E-Commerce Market Up 30% To Over EUR1.8B In 2016
The value of the e-commerce market in Romania exceeded EUR1.8 billion in 2016, growing 30% compared to 2015, when the total e-commerce market size was at EUR1.4 billion; thus Romanians spent...
GfK: Romania Ranks 33rd In “Purchasing Power Europe 2016” Ranking
Romania ranks 33rd in GfK’s “Purchasing Power Europe 2016” ranking, similar with 2015, with an average per-capita purchasing power of EUR4,181, representing approximately one third of the av...
Flanco Sales Up 20% To Almost RON1B
Computer and electronics retailer Flanco, the second leading retailer on its market by revenue, budgeted the opening of 13 to 15 stores, the remodeling of two stores, as well as four store c...