01.22.2015

DIY retailer Dedeman, owned by brothers Adrian and Dragos Paval, has earmarked investments of more than EUR60 million for 2015 in network expansion, with the retailer set to open at least four new more

01.19.2015

Corsar Online, which manages cel.ro, one of the largest online computer and electronic stores in Romania, posted 145 million lei (EUR32.1 million) sales in 2014, an increase of 33% against 2013. more

01.14.2015

In December, traditionally the best month for retail and consumption, supermarket and hypermarket chains in Romania registered flat or slightly higher sales against the same month of 2013, according more

01.14.2015

The number of individuals who were more than 30 days late in paying back loans contracted from banks and non-banking financial institutions climbed to 713,000 in late November 2014, meaning a leap of more

01.13.2015

eMag, the leading online retailer in Romania, owned by South Africa’s Naspers and Romanian entrepreneur Iulian Stanciu, expects to reach one billion euro revenue in 2017, following international more

01.12.2015

Mega Image and Profi retail chains are in talks to buy some of the stores of Succes, the retail chain of Gorj (southern Romania) businessman Nicolae Sarcina, market sources say. more

01.08.2015

Commercial space demand will continue to grow in 2015 in shopping centers, retail parks and shopping malls, as fashion retailers such as LPP, Debenhams, Marks & Spencer, Pepco and CCC announced more

01.08.2015

Romania registered the third highest annual growth in retail trade in the European Union in November 2014, of 8.2%, overtaken by Luxembourg and Estonia, Eurostat data showed Thursday. more

01.08.2015

Romania’s retail sector posted a good result in November as well, after a slight increase in the previous month, supported by higher sales in all sectors, official data showed Thursday. more

01.08.2015

eMag, the leading local online retailer, held by South Africa’s Naspers and Romanian entrepreneur Iulian Stanciu, will expand to Poland, the largest electronic commerce market in the region by more

01.08.2015

Germany’s Metro Cash&Carry, which opened the gates of modern retail in Romania in 1996, opened its first own store under LaDoiPasi brand, thus entering the segment of retail. more

01.06.2015

Modern retail players last year added almost 250 stores, maintaining the pace of 2013 and driving the total number of units to almost 1,500. The champions of expansion were Mega Image and Profi, more

12.31.2014

The 12 modern retail networks operating in Romania own or signed long-term leases for more than 50 hectares of logistics space. This is enough space to accommodate 50 large hypermarkets. more

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

12.17.2014

Romanian food retail, a market of almost 1,500 stores and annual sales of RON35-40 billion (EUR8-9 billion), has in the past year undergone a series of changes that reconfigured players’ positions. more

12.12.2014

The revenue of Romania’s modern convenience stores, such as Carrefour Express or Shop&Go (Mega Image) is set to rise by 102% this year, the biggest growth in Central and Eastern Europe, reveals a more

12.11.2014

Emilian Radu, former PricewaterhouseCoopers partner, along with Vasile Iuga, Radu Stoicoviciu and Mihaela Mitroi, three partners of the audit and consultancy firm, are investing almost 10 million lei more

12.10.2014

Hypermarket chains, which have covered the map of Bucharest with 31 units, project sales of almost one billion lei in Bucharest alone in the context where the last month of the year brings sales as more

12.03.2014

Romania registered the fourth highest annual growth in retail trade in the European Union in October, of 5.8%, overtaken by Luxembourg, Estonia and Slovakia, Eurostat data showed Wednesday. more

12.03.2014

Romania’s retail sector went up in October, supported by higher sales of fuel and food products, official data showed Wednesday. more

12.01.2014

Germany’s Rewe is taking the first steps towards the sale of the over 80-supermarket Billa Romania chain, market sources say. Billa Romania, with its 1.35 billion lei (EUR305 million) revenue in more

11.27.2014

Germany’s hypermarket chain Kaufland, the leader of Romanian retail with revenue of above EUR1.6 billion last year, yesterday opened the tenth store of its Bucharest network and its 101th store in more

11.20.2014

Local footwear store network Il Passo plans to expand abroad after having reached 15 units locally and also open a production unit, Petru Chiriac, the company’s owner told ZF Live. more

11.17.2014

Retail sales (via pharmacies) are now at more than 60% of the total at the moment, because of a decision made to change the business model at the end of 2011, says Dan Ivan, general manager of more

11.12.2014

French group Auchan saw its revenue in Romania go up by 83% in the first half of this year, to almost 1.9 billion lei (EUR424 million) following the integration of the 20 Real hypermarkets, according more