Retail&Consumer
Kiabi To Leave Romanian Market
French apparel retailer Kiabi will leave the Romanian market, which it entered in 2009, and is currently looking for partners to take over its six local stores, said executive Yann Le Blay.
P&G: Consumer Spending Decline Is Over
Procter&Gamble, the largest company on the local non-food consumer goods market, expects consumer spending to grow slightly but steadily in 2012 after three years of decline.
Profi Opens One More Store, Extends Network To 121 Units
Romanian retailer Profi, held by investment fund Enterprise Investors, Thursday said it has opened one more store, in the southern town of Craiova, extending its local network to 121 units.
Mega Image Opens Two More Stores In Bucharest Friday
Retailer Mega Image, part of Belgian group Delhaize, will open two more Shop&Go stores in Bucharest Friday.
FMCG Distributor Interbrands Sees Sales Up 18% In Jan-May
The expansion of the distribution area and the increase in sales of Kent cigarettes have boosted the revenue of Interbrands, the largest local fast moving consumer goods distributor in Roman...
H&M Sales In Romania Triple To EUR32.6M In Dec-May
Swedish apparel retailer Hennes & Mauritz (H&M) Wednesday said its sales in Romania almost tripled in the six months ended May 31, to SEK288 million (EUR32.6 million), from SEK103 million (E...
Hornbach Invested Almost EUR150M In Romania In Five Years On The Market
German DIY retail chain Hornbach has invested EUR148.3 million in Romania in its five years on this market, directing the funds toward the five stores, employee training and the construction...
Lidl Opens 141st Store In Romania
German retailer Lidl opened a store in the northern Romanian city of Baia Mare Wednesday, reaching a countrywide network of 141 stores.
Romania's Retail Market Flat At EUR16B In 2011
The Romanian retail market stagnated at about EUR16 billion last year, after two years of decline. This is the first positive signal coming from an industry that started declining in 2009, a...