02.01.2016

Consolidation, exits, and acquisitions will continue in Romania over the next decade and only three out of the nine players on the do-it-yourself retail market will still be there by 2026, believes more

01.25.2016

Sweden’s IKEA only had one store in Romania for eight years, but last spring its strategy changed with investment reaching EUR300 million, according to ZF estimates. The group is pursuing three more

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

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

01.12.2016

Mihai Sindrilaru, the Romanian executive who developed the New Yorker fashion brand in Romania over the past eight years, has become international retail manager for five countries of second hand more

01.12.2016

German-held discount hypermarket chain Kaufland ended 2015 with EUR2 billion sales generated by a network of 107 stores, according to ZF estimates, following a very good December helped by the food more

01.11.2016

Decathlon, the leader of the local sporting goods retail market, is now covering all the key areas in Bucharest, following the opening of the store in Baneasa, in the north of the city. This is more

01.07.2016

Romanian adjusted retail sales rose 2.5% in November compared with October, driven by higher sales of non-food items, the country’s statistics institute said Thursday. more

01.07.2016

December generated EUR3.5 billion to EUR3.7 billion sales for retailers in Romania and most of the money went to food, while the rest went to clothing, cosmetics, computer and electronics products, more

01.07.2016

Catena pharmacy network, the retail business of the Fildas group of entrepreneur Anca Vlad, ended 2015 with more than 550 pharmacies, compared with 500 at the beginning of the year. more

01.07.2016

Otter Distribution, one of the largest local footwear retailers, ended last year with EUR26 million sales, an increase of more than 10% on 2014. The growth drivers were the rise in consumer spending more

01.05.2016

Modern retailers opened almost 200 new stores in 2015, keeping the same expansion pace as in the last few years. They mostly opened smaller stores, that is supermarkets and convenience stores. more

12.24.2015

December generates 10% to 20% of the yearly sales of modern retailers – supermarkets and hypermarkets, depending on format. At an average of 15% and annual sales of EUR8.5 billion to EUR98 billion, more

12.21.2015

Noriel Group, a toy retailer, distributor and manufacturer, wants to reach 100 stores in Romania in five years, twice as many as it has today and three times higher revenue, EUR100 million. more

12.15.2015

The 12 foreign networks operating in Romania’s modern retail sector currently hold 2.3 million square meters (230 hectares) of hypermarkets, supermarkets, discount and cash & carry stores. more

12.14.2015

Management changes, new concepts developed and takeover talks reconfigured local modern retail in 2015, market with 1,600 stores and EUR8.5 billion sales a year. more

12.10.2015

DHL Express Romania, one of the most important logistics and courier service companies in Romania, wants to increase the number of parcel shipments from malls and gas stations, to meet rising demand more

12.03.2015

Romanian adjusted retail sales rose 0.7% in October compared with September, driven by growth in fuel sales, the country’s statistics institute INS said Thursday. more

11.30.2015

Footwear retailer Benvenuti of Romanian entrepreneur Dan Pavel, posted more than 60 million lei (EUR13.5 million) revenue in January-September, an increase of 3% on the year-ago period. more

11.16.2015

Computer and electronics retailer Domo, one of the largest in its business, will close all its brick-and-mortar stores to focus only on online operations, market sources say. more

11.03.2015

Romanian adjusted retail sales rose 1.7% in September compared with August, due to growth in sales on non-food items, the country’s statistics institute INS said Tuesday. more

10.14.2015

Zanfir, a company that operates supermarkets, a bistro and a wholesale warehouse in Moldavia, ended last year with more than 100 million lei (EUR23 million) revenue, which puts it among the largest more

10.12.2015

Arab-held Peeraj group, the most powerful franchise holder in the fashion retail in Romania, will end the year with 70 stores and EUR35 million revenue in Romania. more

10.07.2015

Bacau-based do-it-yourself retail chain Dedeman, the largest entrepreneurial business in Romania, ended the first half with almost 1.8 billion lei (EUR408 million) revenue, an increase of 30% on the more

10.07.2015

The ten largest cities in Romania concentrate half of the modern retail stores in the country. Bucharest is clearly dominated by Mega Image, while the rest of the country is Profi’s turf. more