Retail&Consumer
Head Of KFC And Pizza Hut Says Expansion Is Driver of Business
Mark Hilton, the Briton who has been running one of the largest restaurant groups on the Romanian market, which includes KFC, Pizza Hut and Hard Rock Café, for almost two years, says expansi...
Romanian Online Retailer eMag Reaches 50% Market Share In Bulgaria
Online retailer eMag, the biggest online retailer of IT&C products on the Romanian market, has reached a 50% market share in neighboring Bulgaria on year after launch and expects to become m...
Flanco: Romanians Buy As Many Electronics & Home Appliances As Fragrances
Romanians buy as many electronics, home appliances and IT products as they buy fragrances, with the former making up 2.6% of the consumer basket, Madalin Rugeanu, property&development manage...
Kenvelo Romania Wants To Open Online Store Next Year, Further Expand Network
Fashion retailer Kenvelo Group Romania wants to open an online store next year and expand its store network by 20 units, Philippe Besadoux, the general manager of the company, said Tuesday.
GfK: Romanian FMCG Market Rose 1% This Year
Romanians have started buying cheaper products this year and the value of the local fast moving consumer goods market (FMCG) has increased 1%, according to GfK.
Romania’s Beer Market Fell 8% In First 8 Months, To Record Low Since 2008
Romania’s beer market fell 8% on the year in the first eight months of 2013 and the lower beer consumption also affects the hospitality industry, Constantin Bratu, general manager of the cou...
GfK: Romanian Durable Goods Market Rose 6% In 3Q, To EUR410M
Romania’s durable consumer goods market rose 6% on the year to EUR410 million in the third quarter of 2013, according to a GfK Romania survey released Tuesday.
International Chains Beat Traditional Retailers For The First Time
Modern retail, a EUR7 billion to EUR8 billion market, has managed to gain more than half of the local retail in less than two decades, so international chains now account for 53% of it compa...
Flanco To Open Two Stores Thursday Following RON3.6M Investments
Romanian electronics retailer Flanco on Monday said it will open two stores Thursday, in the cities of Deva and Galati, following total investments of 3.6 million lei (EUR0.8 million).