Retail&Consumer
98th KFC Restaurant in Romania Opens in Giurgiu Shopping Park
Sphera Franchise Group (SFG.RO), which holds the franchise for the KFC, Pizza Hut and Taco Bell, has notified the Bucharest Stock Exchange about the opening of a new KFC restaurant, its 98th...
Square 7 Properties And Mitiska REIM Open Giurgiu Shopping Park
Square 7 Properties, in partnership with Belgian investment fund Mitiska REIM, is opening the Giurgiu Shopping Park retail project this week.
JYSK Opens New Store in Campulung Muscel
Furniture and home products retailer JYSK continues its expansion plans in Romania and opens a new store in Campulung Muscel on Thursday, March 30, bringing its network to 131 stores in the...
Irina Pencea Becomes eMAG Romania CEO
eMAG’s chief marketing officer Irina Pencea has been appointed chief executive officer of eMAG Romania, a position held by Tudor Manea in the last two years, who is also the group CEO.
eMAG Extends Fulfilment by eMAG Program To Hungary And Bulgaria
Romanian online retailer eMAG said it would extend its cross-border fulfilment program to the markets of Bulgaria and Hungary, following related investments in technology and logistics total...
Auchan Enters Discount Retail Format
French-held retailer Auchan, which has hypermarkets, supermarkets, convenience and online stores in Romania is entering the discount retail segment, one of the most popular in Romania in the...
Footprints AI Budgets EUR1M for Investments in 2023
Footprints AI, a company established in 2017, which developed a media retail platform enabling offline retailers to find potential new customers and anticipate their spending patterns throug...
SomProduct Opens Showroom In Timisoara-Based ISHO Project
SomProduct, a local home furniture and decoration retailer, is opening a showroom within the ISHO project in the western city of Timisoara, where he leased a space of 1,100 square meters.
E-Commerce Sales Reach EUR6.3B in Romania in 2022
E-commerce sales in Romania reached EUR6.3 billion at the end of 2022, slightly higher than in 2021 (EUR6.2 billion), according to the estimates of GPeC, Romanian online store association AR...