11.06.2014

Almost 13,000 companies and over 30,000 jobs were wiped out from the map of food retail between 2008 and 2013. During the same period, modern retail area expanded by around 77%, while the number of more

11.05.2014

Traditional retail will still hold a big weight in sales of certain product categories, even as modern retail continues to consolidate and grow in the area of proximity stores, believes Mihai more

11.04.2014

Discount retailers, such as Lidl and Penny, account for a mere 14% of Romania’s retail market, which is very low compared to developed European countries and considering the average wage in Romania, more

11.03.2014

Romania’s retail sales inched higher in September, after a 0.6% decline in the previous month, official data showed Monday. more

10.31.2014

The financial crisis and the aggressive expansion of foreign networks toppled the first generation of entrepreneurs in Romania’s food retail, but a new generation is trying to enter the race against more

10.29.2014

Hypermarkets register the highest sales per square meter in dominant shopping malls across Romania and in capital city Bucharest, with EUR4,500 and EUR6,500 on average, respectively. more

10.29.2014

The sale of integrated fixed-mobile service packages will be telecoms’ new battle over the coming years, which may lead to mergers, acquisitions or partnerships of major operators on the local more

10.29.2014

Romania’s ten largest cities by population numbers make the main battleground of modern retail networks owing both to the high population density and to the above-average purchasing power. more

10.28.2014

Germany’s group Metro Cash&Carry collaborates with 100 Romanian fruit and vegetable producers. more

10.24.2014

Mega Image will maintain its focus on Bucharest, where it already owns almost 80% of the 360 stores it has in Romania, says Xavier Piesvaux, the executive who has been running the company’s local more

10.23.2014

Romanian electronics retailer Flanco has invested over EUR1.8 million this year in development, new store openings and store remodeling, 80% more than it initially planned, and estimates it will end more

10.23.2014

The shopping center stock in Bucharest (malls, retail parks and shopping galleries) will reach one million square meter lettable area next year, sixteen years after the opening of the city’s first more

10.23.2014

The trend of modern retailers in Romania positioning themselves next to direct or indirect rivals has become ever more visible lately as the battle for clients has turned fiercer. Moreover, retailers more

10.10.2014

Retailers have become Bucharest’s biggest employers after hypermarkets have replaced former decrepit plants. As a matter of fact, Bucharest has no plant left employing 1,000 people. more

10.10.2014

DAAS Romania, a major supplier of equipment for hotels, restaurants and food stores, will end 2014 with 100 stores fitted out, out of which ten are hypermarkets. Most units, though, are still more

10.09.2014

The first store in Eastern Europe under British menswear lifestyle brand Ben Sherman was opened in shopping center Bucuresti Mall developed by realtor Anchor Grup. more

10.06.2014

Romanian Business Consult (RBC), the biggest local IT solution integrator for food and retail companies, expects its revenue to grow by around 10% this year, after expanding to new sectors, such as more

10.06.2014

The total revenue of the companies in the furniture retail business stood at EUR623 million last year, half the 2008 level. The furniture sector, just like the entire durable goods industry, was more

10.05.2014

Romania’s Competition Council may impose fines on 26 companies following its investigation on the local retail market targeting contracts concluded between Metro, Selgros, Mega Image, Interex and more

10.03.2014

Romanian retail sales fell 0.6% in August compared to July, the biggest decline in the EU along Slovakia, official data showed Friday. more

10.02.2014

Eugen Petrov, board chairman of electronics and appliance retailer Domo Retail, has taken over the company under a management buyout process, the company announced Thursday. more

10.02.2014

Romania’s retail sales fell in August, in yet another sign of slowdown of the domestic consumption, the main driver of growth for the country’s economy in the first half of the year. more

10.02.2014

Germany’s ara Shoes, which makes more than EUR50 million worth of shoes in Romania, does not have its own retail stores on this market, relying instead on more than 160 partner stores, the company more

10.02.2014

Romania’s largest furniture manufacturer, Baia Mare-based Aramis Invest, has expanded into furniture retail by opening a store in the Gold Plaza mall in the city. A second store is due for opening more

10.02.2014

The 12 networks that operate in the local modern retail after the first nine months of this year reached almost 1,380 stores, 143 more than in late 2013. Companies had to invest EUR130-170 million to more