02.14.2014

An exception to the expansion rule has driven the number of retail pharmacies in Bucharest to 960, 44% more than there should actually be, says Ovidiu Wencz, general manager of SIEPCOFAR, the company more

02.12.2014

The volume of land transactions in Romania could be negatively affected because most landowners are “relaxed” and in no hurry to sell their plots of land, which will further reduce retailers’ more

02.11.2014

German-held group Schwarz, which operates Kaufland discount hypermarket chain and Lidl discount stores, generated revenue of over EUR2.3 billion last year in Romania, thus controlling 13% of the more

02.05.2014

Romanian retail sales rose 5.9% in December from the year-earlier month, the third largest increase in the European Union, official data showed Wednesday. more

02.04.2014

Retail sales, the best indicator of the trend of consumer spending, unexpectedly rebounded by 6.7% in December, the National Statistics Institute announced on Monday. more

02.04.2014

Luxury brand Hugo Boss, present in Romania via a local franchisee, is set to shut down the two mono-brand stores in this country by late February, as the contract is drawing to an end and sales are more

02.04.2014

German-held fashion retailer Takko, present in Romania since the autumn of 2007, wants to open six stores this year, keeping up the expansion pace of 2013. more

02.03.2014

Romanian adjusted retail sales inched up 0.4% in 2013 compared with the previous year, fueled by higher demand for non-food items, the statistics institute INS said Monday. more

01.28.2014

Poland’s largest retail chain Biedronka is considering entering Romania via an acquisition, market sources say. more

01.23.2014

Romania makes only 134 million lei (EUR30 million) worth of toys and games a year, but "consumes" five times more and 90% of the products are imported. more

01.15.2014

Romconsulting, one of the largest owner of street retail space in Bucharest and of the Grand Offices office building of Calea Floreasca, purchased the ground floor of Mario Plaza shopping center more

01.14.2014

PC Garage, a company that manages several online computer and electronics stores like pcgarage.ro, pcfun.ro and garagemall.ro, will see growth of 30% in sales this year, outperforming the entire more

01.12.2014

Private labels launched by store chains have in recent years conquered some of the most important ranges of Romanian retailers’ sales, such as vegetable oil, yogurt, soap or chocolate, where until more

01.09.2014

Pawel Musial, chief executive of retailer Profi, says the network will add around 60 new supermarkets this year, the same as in 2013. more

01.08.2014

Romanian adjusted retail sales edged down 0.2% in November 2013 from the earlier month, due to lower sales of fuels and food products, the statistics institute INS said Wednesday. more

01.07.2014

The executives in modern retail expect a slight economic rebound this year because of a good farming season and a new increase in exports. more

12.27.2013

Auchan will have the second largest hypermarket network in Romania in 2014 when it completes the remodel of the 20 Real hypermarkets it bought from Metro, according to market research firm GfK. more

12.23.2013

Nestle Romania Chief Executive Officer Herve de Froment said Romania is the place to be when it comes to the revolution of modern retail and e-commerce, because what took Western European countries more

12.20.2013

International modern retail chains expanded their networks at a fast pace in 2013, for the third year in a row, opening 255 stores and hiring 4,000 staff. more

12.19.2013

Romania's retail market, which returned to growth in 2012, will witness a growth rate of over 5% in upcoming years and is expected to reach 130 billion lei (EUR29 billion) by 2015. more

12.18.2013

Supermarkets, hypermarkets and cash&carry stores will extend shopping hours and some will be open around the clock on December 19-23 and December 29-30, shorter hours on December 24, 26, 31 and more

12.17.2013

The year 2013 has been full of events for the local retail sector, from changes of executives to hundreds of store openings inaugurated by most companies in the sector. more

12.12.2013

Turkish fashion retailer Koton, which has four stores in Bucharest, has bought a 1,200 square meter building in the city’s Old Town for EUR4.5 million from an Irish businessman, sources close to the more

12.11.2013

Besides the bitter taste, which many companies in the construction business felt this year, 2013 will go down in history as the year of a number of major projects delivered on the local market, which more

12.10.2013

A Dutch investor has bought the building of the former Bucuresti department store, one of the most important retail destinations in Bucharest before 1989, from the heirs of the founders for more than more