12.11.2014

Emilian Radu, former PricewaterhouseCoopers partner, along with Vasile Iuga, Radu Stoicoviciu and Mihaela Mitroi, three partners of the audit and consultancy firm, are investing almost 10 million lei more

12.10.2014

Hypermarket chains, which have covered the map of Bucharest with 31 units, project sales of almost one billion lei in Bucharest alone in the context where the last month of the year brings sales as more

12.03.2014

Romania registered the fourth highest annual growth in retail trade in the European Union in October, of 5.8%, overtaken by Luxembourg, Estonia and Slovakia, Eurostat data showed Wednesday. more

12.03.2014

Romania’s retail sector went up in October, supported by higher sales of fuel and food products, official data showed Wednesday. more

12.01.2014

Germany’s Rewe is taking the first steps towards the sale of the over 80-supermarket Billa Romania chain, market sources say. Billa Romania, with its 1.35 billion lei (EUR305 million) revenue in more

11.27.2014

Germany’s hypermarket chain Kaufland, the leader of Romanian retail with revenue of above EUR1.6 billion last year, yesterday opened the tenth store of its Bucharest network and its 101th store in more

11.20.2014

Local footwear store network Il Passo plans to expand abroad after having reached 15 units locally and also open a production unit, Petru Chiriac, the company’s owner told ZF Live. more

11.17.2014

Retail sales (via pharmacies) are now at more than 60% of the total at the moment, because of a decision made to change the business model at the end of 2011, says Dan Ivan, general manager of more

11.12.2014

French group Auchan saw its revenue in Romania go up by 83% in the first half of this year, to almost 1.9 billion lei (EUR424 million) following the integration of the 20 Real hypermarkets, according more

11.06.2014

Almost 13,000 companies and over 30,000 jobs were wiped out from the map of food retail between 2008 and 2013. During the same period, modern retail area expanded by around 77%, while the number of more

11.05.2014

Traditional retail will still hold a big weight in sales of certain product categories, even as modern retail continues to consolidate and grow in the area of proximity stores, believes Mihai more

11.04.2014

Discount retailers, such as Lidl and Penny, account for a mere 14% of Romania’s retail market, which is very low compared to developed European countries and considering the average wage in Romania, more

11.03.2014

Romania’s retail sales inched higher in September, after a 0.6% decline in the previous month, official data showed Monday. more

10.31.2014

The financial crisis and the aggressive expansion of foreign networks toppled the first generation of entrepreneurs in Romania’s food retail, but a new generation is trying to enter the race against more

10.29.2014

Hypermarkets register the highest sales per square meter in dominant shopping malls across Romania and in capital city Bucharest, with EUR4,500 and EUR6,500 on average, respectively. more

10.29.2014

The sale of integrated fixed-mobile service packages will be telecoms’ new battle over the coming years, which may lead to mergers, acquisitions or partnerships of major operators on the local more

10.29.2014

Romania’s ten largest cities by population numbers make the main battleground of modern retail networks owing both to the high population density and to the above-average purchasing power. more

10.28.2014

Germany’s group Metro Cash&Carry collaborates with 100 Romanian fruit and vegetable producers. more

10.24.2014

Mega Image will maintain its focus on Bucharest, where it already owns almost 80% of the 360 stores it has in Romania, says Xavier Piesvaux, the executive who has been running the company’s local more

10.23.2014

Romanian electronics retailer Flanco has invested over EUR1.8 million this year in development, new store openings and store remodeling, 80% more than it initially planned, and estimates it will end more

10.23.2014

The shopping center stock in Bucharest (malls, retail parks and shopping galleries) will reach one million square meter lettable area next year, sixteen years after the opening of the city’s first more

10.23.2014

The trend of modern retailers in Romania positioning themselves next to direct or indirect rivals has become ever more visible lately as the battle for clients has turned fiercer. Moreover, retailers more

10.10.2014

Retailers have become Bucharest’s biggest employers after hypermarkets have replaced former decrepit plants. As a matter of fact, Bucharest has no plant left employing 1,000 people. more

10.10.2014

DAAS Romania, a major supplier of equipment for hotels, restaurants and food stores, will end 2014 with 100 stores fitted out, out of which ten are hypermarkets. Most units, though, are still more

10.09.2014

The first store in Eastern Europe under British menswear lifestyle brand Ben Sherman was opened in shopping center Bucuresti Mall developed by realtor Anchor Grup. more