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Results 1 - 25 from 40 for "discount"

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  • Netherland’s Discount Retailer Action Getting Ready To Enter Romania

    07.16.2024

    Dutch discount non-food retailer Action is getting ready to enter Romania, ZF sources say. The group has already begun recruiting for management positions to build a core team first. more

  • Retailer Auchan Rebrands Two Auchan Discount Stores Under New Discount Hypermarket Format ATAC

    06.06.2024

    French retailer Auchan has rebranded two Auchan Discount stores, located in the cities of Timisoara and Ploiesti, under the new discount hypermarket format ATAC, reaching three units under this more

  • Retailer Auchan Launches New Discount Concept, Opens First Hypermarket Under Atac Brand In Brasov

    04.10.2024

    Retailer Auchan is opening the first discount hypermarket under the Atac brand, in Romania's central city of Brasov. more

  • Auchan Enters Discount Retail Format

    03.23.2023

    French-held retailer Auchan, which has hypermarkets, supermarkets, convenience and online stores in Romania is entering the discount retail segment, one of the most popular in Romania in the last few more

  • Penny Wants 60% of Products Sold In Its Romanian Stores to Be Locally-Made and Processed by 2022

    10.08.2021

    German-owned discount store chain Penny aims to have 60% of products sold in Romania manufactured and processed in Romania by 2022, according to the company’s representatives. more

  • Discount Store Chains See Record Sales of EUR3.5B in Romania in 2020

    05.20.2021

    Discount grocery retail chains had their best year in Romania in 2020, posting sales of more than EUR3.5 billion with more than 550 stores, 60 of which newly opened, ZF has found. more

  • Discount Fashion Retailer Kik Plans to Open More Than 30 Stores in 2021

    12.08.2020

    German discount fashion store chain Kik has grown to 54 stores in Romania after having opened 17 in several cities of the country during the pandemic. more

  • Discount Stores Account for 20% of Modern Retail in Romania

    08.18.2020

    Discount retail chains – Lidl, Penny and Supeco, now account for one fifth of the modern retail sales, after their sales went up twice faster than the market on average last year. more

  • Discount Retailer Lidl Expects to Take Top Spot in 2020

    08.14.2020

    German-held discount retailer Lidl could become market leader in Romania in 2020 if the growth pace of the first few months continues, says Frank Wagner, the executive who runs the local operations of more

  • Carrefour Bets On Discount Format During Crisis, Expands Supeco Chain

    04.21.2020

    French-held retailer Carrefour continues to develop the Supeco discount store chain, which is considered to be a winner at this time of crisis and ever after that. more

  • Romania Grants 5%-10% Discount for Early Profit Tax Payments

    03.27.2020

    Companies paying their first-quarter tax on profit early, by April 25, will get a discount of 5% to 10% of their due tax, the finance ministry said in a statement. more

  • Discount Retailers Doubled Market Share in Romania in 2011-2018

    11.11.2019

    Discount store chains increased their market share to about 9% by the end of last year, from only 5.2% seven years earlier. The local market, along with Poland, saw the highest growth rate in more

  • Discount Retailer Pepco Sales Up 35% to RON900M in 2018

    05.21.2019

    Polish-held discount retail chain Pepco, which sells products at prices starting from 1.99 lei (EUR0.41) posted about 35% increase in sales to almost RON900 milion in 2018. The sales are more than more

  • Fashion Market Follows Grocery Retail Model

    12.13.2018

    The local fashion market put at some 15 billion lei (EUR3.21 billion) has become increasingly attractive to low price retailers like Pepco (Poland), Kik (Germany), and Miniso (Japan). The latter two more

  • Rewe Completes Remodeling Of XXL Mega Discount Stores Under Penny Market Format

    08.30.2017

    more

  • XXL Mega Discount Stores To Turn Into Shopping Centers

    07.05.2017

    The reorganization of the six XXL Mega Discount stores will be completed by yearend, when the shopping galleries will be filled. However, the anchors, Penny Market stores, will be inaugurated over the more

  • Lidl Buys Two Stores From Penny Market In EUR6M-EUR8M Deal

    05.11.2017

    German-held discount store chain Lidl bought two XXL Mega Discount stores in Sibiu and Galati for its direct rival Penny Market, market sources say. The deal comes after the closing of the eight XXL more

  • Germany’s Aldi Group Starts Recruitment Process In Romania

    05.09.2017

    Germany’s discount store chain Aldi has started the process the recruit a local management team, which is the first step of its intent to enter Romania, market sources say. more

  • Lidl In Pole Position To Buy Two XXL Mega Discount Stores

    01.27.2017

    German discount retailer Lidl is in pole position to buy the XXL Mega Discount stores in Sibiu and Galati, owned by German group Rewe, according to market information. more

  • Supermarket And Discount Store Chains Go To New Residential Compounds

    01.19.2017

    Modern retailers operating small format stores of less than 1,000 square meters have been opening stores close to or in the new residential compounds in Bucharest and in the rest of the country. more

  • Rewe In Talks To Sell XXL Mega Discount Stores In Romania

    04.12.2016

    German retail group Rewe is in talks to sell its eight XXL Mega Discount stores in Romania, market sources told ZF. more

  • Polish Discount Retailer Pepco Grows To Almost 50 Stores In Romania

    04.01.2016

    Polish discount retailer Pepco, which sells low-price apparel, footwear and accessories and entered Romania less than eighteen months ago, has already grown to about 50 stores in the large and more

  • FP: State Policy On Listings And Energy Sector Impacted The Efforts To Narrow Trading Discount

    09.21.2015

    The state’s policy on listing the companies in which Romanian investment fund Fondul Proprietatea (FP.RO) owns stakes, the energy sector regulations and the delay in the fund’s listing on London more

  • No Discount Furniture Retailer Expected In Romania Sooner Than Two Or Three Years

    06.04.2015

    Local furniture retail, an about EUR700 million market, might attract the first major European discount retailer in the next two or three years, ten years after the arrival of world’s largest more

  • How Modern Retailers Split Romania Among Them

    12.22.2014

    Modern retailers have split Romania among themselves, so the supermarket and convenience store chains opened almost half of their stores in Bucharest and the surrounding Ilfov County, while the more

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