Retail&Consumer
Domo And Flanco Set The Stage For Deal To Bring Them Closer To Market Leader Altex
Computer and electronics retailers Domo and Flanco, the number two and three on the local market, are in talks to create a company with a more than EUR250 million revenue, close to the marke...
Lidl Buys Former Poiana Plant Of Brasov
German-held retailer Lidl acquired the former sweets plant of Brasov owned by Mondelez Romania, the producer of Poiana chocolate, but plans to sell part of the land plot for the construction...
Romanian FMCG Market Up 1.9% In 2013 – Study
FMCG market rose 1.9% in 2013, supported by food and private labels, bought mainly from supermarkets and discounters, while Romanians were cautious and managed their shopping budget better d...
Deichmann Romania Gross Revenue Up 15% At RON251M In 2013
German footwear retailer Deichmann reported gross revenue worth 251.2 million lei (EUR56.8 million) last year in Romania, up 15.4% from RON217.7 million a year earlier.
Decathlon Opens Store In Suceava, Reaches 13-Unit Network
Decathlon, the largest sporting goods retailer in Europe, will open a store in Shopping City Suceava, in the northern Romanian county of Suceava, held by British investment fund Argo Real Es...
INS: Foreign Tourists Spent EUR1.08B In Romania In 2013
The 1.71 million foreign (non-resident) tourists who traveled to Romania in 2013 spent a total 4.79 billion lei (EUR1.08 billion), mostly on accommodation, according to data released Monday...
Real Store In Targu Mures Reopens As Auchan City Thursday
The Real store in Targu Mures (north-central Romania) will reopen as Auchan City Thursday, retailer Auchan Romania said in a statement.
Grocery Retail Sales Reached EUR14B In Romania In 2013
Romanian consumers spent almost EUR14 billion in hypermarket, supermarket, discount store chains and traditional retail stores last year, the same as in 2012.
Fashion Brands Likely To Dress Up Romania
Over the past decade, Romania has attracted tens of brands, led by Zara and H&M, which came here and opened hundreds of stores to gain a widening share of the 60-65 lei (about 15 euro) a Rom...