Results 1 - 14 from 14 for "traditional"
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Kearney: Romanian Clients Are Less Loyal To Traditional Banks Than Their European Peers
09.16.2024
More than two-thirds (73%) of European bank clients have kept their primary account at the same institution for five years or longer, but Romanian clients are less loyal to their bank compared to more
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Revolut: Digital Banking Gains Momentum In Romania
08.10.2023
Almost half of Gen Z representatives prefer mobile banking and only 3% are in favor of traditional banking, as per a survey conducted in July 2023 by research company Dynata for Revolut. more
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Foreign Food Chains' Market Share At 80% In Bucharest, Exceeds 50% In All Romanian Regions
06.24.2019
Food trade in Romania is a market with 78,000-83,000 stores reporting annual sales of EUR20 billion, according to ZF data. Foreign players account for over 60% of the profile market, according to more
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Modern Retail Grows To 60% Of Grocery Retail From 40% In 2008
05.20.2016
Hypermarkets now account for almost one third the local grocery retail, as Romanian consumers spend about EUR5 billion in such stores every year. Modern retail has grown to 60% of the overall grocery more
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Grocery Retail In Romania; 5% Of Stores Account For More Than Half Of Sales
01.22.2016
Modern retail accounts for less than one quarter of the total number of grocery stores in Central and Eastern Europe, yet it contributes 75% of the total business, according to ZF’s calculations more
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Traditional Retail Lost RON8B In Seven Years
01.15.2016
Traditional retail numbered 54,000 small stores last year, whose sales reached 33.3 billion lei (EUR7.33 billion), almost 20,000 fewer than in 2008, the last year of economic boom. more
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Traditional Retail Lost 16% Market Share In 2008-2015
09.07.2015
Traditional retail lost the battle with the international retail chains that claimed 16% of the market share of the small traditional retailers in 2008-2015. more
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Major FMCG Companies Realize They Cannot Live Without Traditional Retailers
08.15.2014
International giants like Coca-Cola, Nestle and Unilever, are starting to turn their attention towards the small traditional retailers, a market of some 70,000 to 80,000 companies and about EUR8 more
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Nestle Romania: Producers Must Follow Consumers Everywhere
07.31.2014
Consumer goods producer Nestle generates around 40% of sales in Romania from traditional retail, a market of 70,000-80,000 units, as a solid part of its clients are shopping there. more
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Coca-Cola Moves To Support Traditional Retail In Romania
07.14.2014
“Do your daily shopping at small merchants. Buy bread, milk and Coca-Cola”. This is the latest campaign of US giant Coca-Cola encouraging Romanians to continue going shopping in traditional more
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International Chains Eye Rural Areas- The Last Bulwark Of Traditional Retail
06.24.2014
International retailers have started tapping rural areas, small domestic entrepreneurs’ “last bulwark” in recent years, and stores’ wider product range and lower prices are helping modern more
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Romania Still Has Room For At Least Another 1,200 Stores In Modern Retail
03.14.2014
The average modern retail area per 1,000 inhabitants stands at just 84 square meters in Romania, five times smaller than in Germany and over threefold smaller than in the Czech Republic or Poland. more
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Nestle Romania CEO: Local Modern & Online Retail Grows Twice As Fast As In W Europe
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
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Largest Coffee Producer In Romania Says 90% Of Its Sales Secured By Traditional Retail
10.23.2013
Cafea Fortuna, the largest coffee producer in Romania owned by Constantin Moroianu, manages to cope with the fierce competition of famous brands like Jacobs and Nescafe, due to the customers of small more