Retail&Consumer
Cigarette Smuggling In Romania Slightly Up To 14.2% Of Market In September –Study
Cigarette smuggling in Romania increased slightly to 14.2% of the market in September, compared to 12.9% in July and 13% in January, according to a study by Novel Research.
Mega Image Plans To Open Seven New Stores By Yearend
Retailer Mega Image, part of Belgian group Delhaize, on Thursday said it plans to open seven new stores by yearend, the first being opened October 13 nearby capital city Bucharest.
Carrefour Reports 2.1% Uptick In 3Q Sales To EUR22.6B, Stable Evolution In Romania
French group Carrefour, Europe’s largest retailer, on Thursday said its sales rose 2.1% in the third quarter of the year, to EUR22.62 billion, saw an improvement in France and were broadly s...
Cosmote Romania To Launch 4G Telecom Services Next Year
Mobile operator Cosmote Romania will launch fourth generation (4G) telecom services on the Romanian market next year, on the telecom license it bought in September, general manager Stefanos...
Shoe Retailer Benvenuti Owner: I’m Optimistic But Things Won’t Be The Same
Dan Pavel, the founder and majority shareholder of footwear and accessory retailer Benvenuti says that the footwear market and consumer spending are starting to stabilize after three years o...
Lidl Opens 146th Store In Romania
German retailer Lidl will open Thursday a store in Romania’s western city of Timisoara, reaching a countrywide network of 146 stores, the company said Wednesday.
Retailer Flanco Expects Tablets To Outsell Notebooks In Romania By 2016
Home appliances and electronics retailer Flanco estimates tablets will be outselling notebooks in Romania until 2016, in line with international markets.
Selgros To Open New Stores In Romania In Next Years, Invest EUR20M In Solar Panels
Selgros Cash&Carry plans to open up to three new stores in Romania in the next three years and equip 11 stores in the southern part of the country with solar panels of over EUR20 million.
Fashion Retailer Inditex Set To Expand To Over 100 Stores In 2013
Inditex, the leader of the Romanian fashion market with EUR122 million in revenue last year, will open four more stores in the mall Carrefour is developing in Ploiesti together with South-Af...