Retail&Consumer
Lidl Set Lower Prices After Takeover Of Discount Store Chain Plus
After taking over discount store chain Plus Discount in 2010, German retailer Lidl set lower prices than those in Plus stores and doubled the share of its cheaper, self-branded products in t...
Romanian Retailers Extend Shopping Hours, Close For Christmas Day And January 1
Supermarkets, hypermarkets and cash&carry stores will extend shopping hours and some will be open around the clock on December 19-23 and December 29-30, shorter hours on December 24, 26, 31...
Carrefour Opens Its First Supermarket In Targu Mures
French retailer Carrefour opens Thursday its first Market supermarket in Targu Mures, reaching a countrywide network of 78 Markets.
Over 27,000 Companies In Romania Went Insolvent In 2013, 50% In Retail And Construction
The number of companies that entered insolvency in Romania in January-November reached 27,119, 9% more than in the same period last year, and half of them operated in retail and construction...
Lars Lund, Kika: 2013 A Roller-Coaster Year
The year 2013 was a roller-coaster year for the sales on the Romanian market, says Lars Lund, country manager of furniture retailer kika, when the company focused on modifying some product r...
2013 In Review: Ten Most Important Events In Food Retail
The year 2013 has been full of events for the local retail sector, from changes of executives to hundreds of store openings inaugurated by most companies in the sector.
Borsec Mineral Water Production Up 20-Fold Since 1996
Production of Borsec, the best-selling mineral water brand in Romania, has gone up 20-fold after becoming part of Romaqua Group portfolio, to 320 million liters last year.
F64 Studio 2013 Turnover Seen At EUR20M, Up 12% On Year; Reveals Takeover As Joke
Romanian leading photo and video equipment retailer F64 Studio will end the year with a turnover of EUR20 million, up 12% on the year, on a market that declined 20%, company general manager...
Over 1,300 Employees Make Clothing For Alison Hayes Near Bucharest
Over 1,300 employees, 700,000 items of clothing made each month for international retailers such as Top Shop, Primark and Debenhams, two plants, one sample center and turnover of over EUR40...