Retail&Consumer
Penny Opens 36 New Stores In Romania In 2022
German-owned discount store chain Penny, one of the most active retailers in Romania, continues its expansion plans by opening 13 new stores in December 2022, reaching a total 36 new units i...
FAN Courier Leases 5,000 Sqm Of Storage And Office Space In P3 Bucharest A1 Logistics Park
FAN Courier, the leader of the local courier services market, has leased 5,000 square meters of storage and office space in the P3 Bucharest A1 logistics park where it plans to develop the m...
Submarine Burger Opens Two Restaurants in Bucharest in EUR1.5M Investment in 2022
Croatian-held Submarine Burger, which specializes in vegan burgers, opened its first two restaurants in Bucharest this year, following EUR1.5 million investments and will open the third earl...
Deloitte: Holiday Spending Stands Still This Season Amid Price Hikes
Holiday spending remains at 2021 level this year, even though 37% of consumers are in a worse financial situation compared to last year and about three-quarters (73%) expect higher prices, a...
Cora Expands Delivery Service Nationwide in Romania
French-Belgian retailer Cora, present in Romania with an omnichannel business including 10 hypermarkets, the ecommerce platform www.cora.ro and 8 cora Urban proximity stores, is cementing it...
Analysis: Retailers Expected To See 5% To 20% Annual Declines In Number Of Products Sold In Dec 2022
Retailers will see declines of 5% to 20% in the number of products sold in December 2022 compared to the same month of 2021, but they are expected to see almost 5% higher revenues amid rampa...
Primark Opens Its First Store In Romania On Dec 15 In Bucharest’s ParkLake Shopping Center
Irish fashion retailer Primark, famous for its large format stores and low pricing strategy, is opening on Thursday (Dec 15, 2022) its first store in Romania, within Bucharest’s ParkLake sho...
Romania E-commerce Market Sees Slower Growth In 2022
The e-commerce (electronic commerce) market in Romania, which witnessed an unprecedented boom in online sales during the pandemic, saw slower growth in 2022, as it was dominated by trends of...
Carrefour Plans to Open New Logistics Warehouse in Eastern Romania in 2023
French-held retailer Carrefour will inaugurate a new warehouse in Romania in 2023, which will be located in the east of the country. The retailers’ officials say the decision for the logisti...