Results 1 - 25 from 37 for "discount"
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Auchan Enters Discount Retail Format
03.23.2023
French-held retailer Auchan, which has hypermarkets, supermarkets, convenience and online stores in Romania is entering the discount retail segment, one of the most popular in Romania in the last few more
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Penny Wants 60% of Products Sold In Its Romanian Stores to Be Locally-Made and Processed by 2022
10.08.2021
German-owned discount store chain Penny aims to have 60% of products sold in Romania manufactured and processed in Romania by 2022, according to the company’s representatives. more
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Discount Store Chains See Record Sales of EUR3.5B in Romania in 2020
05.20.2021
Discount grocery retail chains had their best year in Romania in 2020, posting sales of more than EUR3.5 billion with more than 550 stores, 60 of which newly opened, ZF has found. more
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Discount Fashion Retailer Kik Plans to Open More Than 30 Stores in 2021
12.08.2020
German discount fashion store chain Kik has grown to 54 stores in Romania after having opened 17 in several cities of the country during the pandemic. more
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Discount Stores Account for 20% of Modern Retail in Romania
08.18.2020
Discount retail chains – Lidl, Penny and Supeco, now account for one fifth of the modern retail sales, after their sales went up twice faster than the market on average last year. more
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Discount Retailer Lidl Expects to Take Top Spot in 2020
08.14.2020
German-held discount retailer Lidl could become market leader in Romania in 2020 if the growth pace of the first few months continues, says Frank Wagner, the executive who runs the local operations of more
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Carrefour Bets On Discount Format During Crisis, Expands Supeco Chain
04.21.2020
French-held retailer Carrefour continues to develop the Supeco discount store chain, which is considered to be a winner at this time of crisis and ever after that. more
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Romania Grants 5%-10% Discount for Early Profit Tax Payments
03.27.2020
Companies paying their first-quarter tax on profit early, by April 25, will get a discount of 5% to 10% of their due tax, the finance ministry said in a statement. more
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Discount Retailers Doubled Market Share in Romania in 2011-2018
11.11.2019
Discount store chains increased their market share to about 9% by the end of last year, from only 5.2% seven years earlier. The local market, along with Poland, saw the highest growth rate in more
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Discount Retailer Pepco Sales Up 35% to RON900M in 2018
05.21.2019
Polish-held discount retail chain Pepco, which sells products at prices starting from 1.99 lei (EUR0.41) posted about 35% increase in sales to almost RON900 milion in 2018. The sales are more than more
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Fashion Market Follows Grocery Retail Model
12.13.2018
The local fashion market put at some 15 billion lei (EUR3.21 billion) has become increasingly attractive to low price retailers like Pepco (Poland), Kik (Germany), and Miniso (Japan). The latter two more
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Rewe Completes Remodeling Of XXL Mega Discount Stores Under Penny Market Format
08.30.2017
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XXL Mega Discount Stores To Turn Into Shopping Centers
07.05.2017
The reorganization of the six XXL Mega Discount stores will be completed by yearend, when the shopping galleries will be filled. However, the anchors, Penny Market stores, will be inaugurated over the more
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Lidl Buys Two Stores From Penny Market In EUR6M-EUR8M Deal
05.11.2017
German-held discount store chain Lidl bought two XXL Mega Discount stores in Sibiu and Galati for its direct rival Penny Market, market sources say. The deal comes after the closing of the eight XXL more
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Germany’s Aldi Group Starts Recruitment Process In Romania
05.09.2017
Germany’s discount store chain Aldi has started the process the recruit a local management team, which is the first step of its intent to enter Romania, market sources say. more
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Lidl In Pole Position To Buy Two XXL Mega Discount Stores
01.27.2017
German discount retailer Lidl is in pole position to buy the XXL Mega Discount stores in Sibiu and Galati, owned by German group Rewe, according to market information. more
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Supermarket And Discount Store Chains Go To New Residential Compounds
01.19.2017
Modern retailers operating small format stores of less than 1,000 square meters have been opening stores close to or in the new residential compounds in Bucharest and in the rest of the country. more
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Rewe In Talks To Sell XXL Mega Discount Stores In Romania
04.12.2016
German retail group Rewe is in talks to sell its eight XXL Mega Discount stores in Romania, market sources told ZF. more
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Polish Discount Retailer Pepco Grows To Almost 50 Stores In Romania
04.01.2016
Polish discount retailer Pepco, which sells low-price apparel, footwear and accessories and entered Romania less than eighteen months ago, has already grown to about 50 stores in the large and more
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FP: State Policy On Listings And Energy Sector Impacted The Efforts To Narrow Trading Discount
09.21.2015
The state’s policy on listing the companies in which Romanian investment fund Fondul Proprietatea (FP.RO) owns stakes, the energy sector regulations and the delay in the fund’s listing on London more
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No Discount Furniture Retailer Expected In Romania Sooner Than Two Or Three Years
06.04.2015
Local furniture retail, an about EUR700 million market, might attract the first major European discount retailer in the next two or three years, ten years after the arrival of world’s largest more
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How Modern Retailers Split Romania Among Them
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
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Private Label Products Up To 20% Of Food Market In Q1
07.03.2014
Private labels have conquered 10% of the overall fast moving consumer goods market and almost 20% of the food market, so one in five lei Romanian consumers spent on food in the first quarter went to more
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Rewe, Another 140 Stores In Romania By 2020
03.31.2014
Rewe Romania, the company that operates discount store chains Penny Market and XXL Mega Discount in Romania, wants to double its store network by 2020. Thus, the company is poised to open 20 units more
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Kaufland And Lidl Control Over A Quarter Of Modern Retail Sales
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