Retail&Consumer
Müller Romania: We Grew 40%, We Didn't Sit On Our Hands Waiting For The Crisis To Pass
German dairy producer Müller estimates its sales in Romania will rise 40% to EUR10 million in 2011, amid a flat market.
Stefanel Owner: Romanians Are More Fashion-Minded Than Italians
Giuseppe Stefanel, president and owner of the clothing retailer that bears his name, says Romanians are more fashion-minded than Italians. Italy, the country of origin of the Stefanel busine...
Retailers’ Expansion Plans Keep Logistics Operators Busy
Almost 180 trucks of logistics operator FM Logistic are loaded with products from customers every day, among which Cora, Profi, Bricostore and Carrefour, as well as Nestle, Danone, Coca-Cola...
Romanian Beauty, Personal Care Market Up 3.2% In 2011 To RON4.07B - Survey
The Romanian beauty and personal care market climbed 3.2% in 2011 to 4.07 billion lei (EUR935 million) from RON3.94 billion last year, according to a survey conducted by Euromonitor Internat...
Valentino Joins Louis Vuitton On The Ground Floor Of JW Marriott Hotel
Luxury brand Valentino will open its first Romanian store in The Grand Avenue shopping gallery, located on the ground floor of luxury complex The Grand, which also accommodates JW Marriott h...
"Junk" Malls Sell At 80% To 90% Discounts
The shopping centers with poor sales, few clients and hardly any major tenants on the local market are selling at 80% to 90% discount on the prices of 2006 and 2007. The latest deals to prov...
Modern Retail Systematically Wipes Romanian Traditional Retail Off The Map
The local retail market, which had a little over 88,000 stores at the end of last year, has lost some 6,500 stores over the past four years in traditional retail alone. Although communist-er...
Heineken Romania Head Promoted To President Of CEE Division
Dutch brewer Heineken has appointed Jan Derck van Karnebeek as the new head of its central and eastern Europe division, effective January 1, the company said in a statement Tuesday.
Can German Makers Challenge Chinese Supremacy On Romania's Fittings Market?
A bathroom or kitchen fitting in Romania may cost RON50 or as much as RON2,000, depending on the product’s features, design and brand, and where it’s made (China versus Germany), on a market...