Retail&Consumer
Carrefour Romania Sales Per Square Meter Almost Halved In 2008-2012
Carrefour’s sales per square meter almost halved between 2008 and 2012, although the retailer opened about 70 new stores and launched a new store format - convenience stores.
Sonae Sierra Wants To Start Construction Of Bucharest Mall ParkLake In 2014
Portuguese mall developer Sonae Sierra said it plans to set off construction works on the ParkLake Plaza shopping center in Bucharest’s Titan district in 2014.
Carrefour Romania 2012 Sales Up 3% On Year, To EUR986M
French group Carrefour Wednesday said its sales reached EUR986 million, net of VAT, last year in Romania, up 3% from EUR955 million in 2011.
Investments In Furniture Industry Boost Employee Numbers By 4,700 In 2012
Some of Romania’s furniture plants continued investment last year, which led to an increase in staff numbers by 4,700 in an industry which pays a monthly net wage a little over 1,000 lei (EU...
Romanians Spend EUR750-850M In Easter Shopping
Romanians spent EUR750-850 million on shopping in modern retail chains in the month before Easter, according to ZF estimates based on market data.
REWE Opens Its 137th Penny Market Store In Romania
German discount retailer REWE on Tuesday said it opened a new Penny Market store in Romania, in Sannicolau Mare locality (western county of Timis), reaching a local network of 137 Penny Mark...
Boromir Prod Expects Switch To RON2.8M Profit In 2013
Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) estimates it will switch to profit of 2.8 million lei (EUR0.64 million) in 2013, from loss of RON1.92 million in the previous...
Carrefour Romania Opens Four New Express Convenience Stores
French retailer Carrefour has opened four new franchise Express stores in Romania, in partnership with meat and milk processor Angst, and expanded its local convenience store network to 23 u...
Modern Retailers In Romania Invest EUR40-50M In 48 Stores In January-April 2013
The twelve modern retailers in Romania opened 48 stores in the first four months of 2013, following investments of EUR40 million to EUR50 million. Retailers mostly targeted supermarkets and...