12.16.2011

The niche of delicacy stores is starting to take shape on the Bucharest market, as small businesses seek to persuade consumers that they offer a viable alternative to the mass products found in more

12.15.2011

Although the crisis has lingered on and consumption continued to decline, 2011 has been a good overall year in the retail sector, estimated at EUR16 billion. The new market entries, the launches of more

12.13.2011

On a retail market where the battle is fought with prices only, the private labels of the major companies, either unknown or avoided by Romanians until not so long ago, are gaining ground so that more

12.12.2011

The first days of December, the best month for consumer spending of the entire year were different for the retailers operating on the local market. Retailer Profi announced lower sales than in the more

12.10.2011

The International Monetary Fund and the European Commission called on the Romanian Government again to eliminate restrictions for opening large retail stores, as the country failed to observe a more

12.05.2011

Romanian adjusted retail sales rose 2% in October compared with a month earlier, largely fueled by a 12.3% increase in delivery orders and online sales, the statistics institute INS said Monday. more

12.04.2011

The DIY retail networks this year have put the brakes on their local expansion, opening only eight stores, including five by local network Dedeman. French network Bricostore opened one store, in more

12.01.2011

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 prove it are more

12.01.2011

New types of deposits with maturities of two years and of eight months, mortgage loans meant to encourage financing in lei, supplying all branches with special machines for non-stop operations, the more

11.30.2011

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-era kiosks more

11.25.2011

Dorina and Dan Mutu from Ramnicu Valcea town have over 17 years built businesses with a turnover in excess of EUR46 million this year. more

11.24.2011

Investors bet over EUR350 million on new malls and the expansion of existing projects this year. Openings also show in the ranking of cities by retail area per capita. more

11.24.2011

Retailers have mixed opinions about the evolution of consumption next year, but most believe there will be a change in the structure of consumption, with Romanians set to abandon premium products and more

11.21.2011

The founders of Austrian real estate consultancy Krammer & Wagner, who brought tenants to shopping centers such as Bucharest’s Militari Shopping and Constanta’s Maritimo, said at least ten more more

11.20.2011

Eight Romanian entrepreneurs are fighting modern retail bigwigs like Kaufland, Carrefour and Penny Market on equal footing, and rank among the top 20 local retail players. Businesspeople like Nicolae more

11.17.2011

Modern retailers are in a hurry to open stores in time for the winter holiday season, which always adds to the revenues of companies in this sector. more

11.13.2011

No fewer than four Mega Image stores are located along Bucharest's Stefan cel Mare boulevard. Not one store of competitors Profi or Carrefour is to be found on the same street or in the vicinity. Why more

11.09.2011

Over 20 apparel stores have opened or have been announced in the past month, and fashion retailers insist things will not stop here, given the market’s potential to grow by EUR1 billion by 2015. more

11.07.2011

Companies in modern retail – cash & carry, hypermarkets, supermarkets and discount chains – expanded aggressively in Bucharest, where the around two million residents spend over EUR2 billion, a more

11.04.2011

Romanian adjusted retail sales inched up 0.7% in September compared with a month earlier, on higher demand for food items, the statistics institute INS said Friday. more

11.02.2011

Altex, the largest electronics, home appliances and IT products retailer in Romania by sales, has opened eight stores this year and has three more planned by yearend. Total investments amount to EUR4 more

10.28.2011

Austrian investment fund Immofinanz, the largest foreign investor on the Romanian real estate market, opens the Maritimo mall in Constanta on Friday in the wake of a EUR100 million investment. The more

10.27.2011

Retailer G’Market, owned by Turkey’s FIBA group, closed the store in the Hala Centrala shopping center in downtown Iasi (NE Romania) in mid-October. This was its last store on the market. more

10.27.2011

Electronics, home appliances and IT products retailer Flanco expects EUR140 million sales next year, 27% higher than this year and almost double the figure of 2010. more

10.26.2011

Sales of private labels account for about 11% of the total volume of the retail market, but the percentage might double or even triple in ten years, considering Romania is among Europe’s laggards in more