Retail&Consumer
Nearly One Third Of Romanian Internet Users Shop Online - GfK Survey
Nearly 30% of Romanian internet users in urban areas have shopped online during the past year, and the bulk of online shoppers are aged 18-24, according to a survey by market research compan...
Airlines Introduce New Destinations For 2012, Boost Number Of Flights
Verona, Berlin, Palma de Mallorca, Venice and Catania are the main destinations airlines rely on for growth in 2012, but the increasingly fiercer competition in the business might lead to ev...
Mall Owner: Retailers Come To Sell, Not For Zero Rent
Christopher Shonn, managing director of Argo Real Estate investment fund, the largest owner of shopping centers on the Romanian market, says attracting large foreign investors by exempting t...
Mega Image To Launch Two Revamped G'Market Units By Yearend In Bucharest
Retailer Mega Image, owned by Belgian group Delhaize, Monday announced it has received the clearance from Romanian competition authorities to buy three G'Market stores, and two of the units...
Diverta Closes Down Bookstore In AFI Cotroceni Mall
The Diverta bookstore chain has recently closed down its store in AFI Palace Cotroceni shopping center, the mall with the highest visitor traffic in Romania.
Head Of Nestle Romania: We Can Complain About Infrastructure, Bureaucracy, But The Potential Is Here
The head of Nestle Romania, one of the largest groups in the food industry, believes only those who don’t spend their time complaining about the effects of the crisis have the resources to g...
Cinnabon Bakery & Confectionery Chain Looks At Malls For Expansion
The bakery & confectionery shop chain Cinnabon, the fourth restaurant and confectionery business of Puiu Popoviciu, might see EUR800,000 revenue this year and EUR1.5 million next year. He al...
Tymbark Sales Up 5% In Nine Months
The sales of Tymbark Maspex, the largest nectar maker on the local market went up by over 56% in the first nine months of this year compared with the same time in 2010. The company maintains...
Weak Expansion For DIY Market This Year – Only Eight New Stores
The DIY retail networks this year have put the brakes on their local expansion, opening only eight stores, including five by local network Dedeman. French network Bricostore opened one store...