05.21.2013

Rewe Romania, the company that operates Penny Market and XXL Mega Discount stores, ended 2012 with losses of 6.6 million lei (EUR1.5 million), the first year in a decade when the company's net result more

05.20.2013

Romania’s durable consumer goods market rose 4% on the year to EUR349 million in the first quarter of 2013, according to a GfK Romania survey released Monday. more

05.08.2013

Romanian adjusted retail sales edged up 0.8% in the first quarter of 2013 compared with the year-earlier period, fueled by higher sales in most sectors, the statistics institute INS said Wednesday. more

05.07.2013

Romanian modern retail is dominated by foreign networks, which boast annual sales of EUR8.5-EUR9 billion. No local entrepreneur manages to compete against Kaufland, Lidl and Carrefour, and none have more

05.03.2013

Eight modern retailers hired more than 5,500 people last year, according to ZF data and the top employers were hypermarket chains Auchan and Kaufland, followed by supermarket network Profi. Each of more

04.29.2013

Rents of prime retail space in downtown Bucharest may reach even EUR58/square meter/ month, whereas in other big cities in Romania prime rents reach around EUR20 at the most, according to a study by more

04.24.2013

The 12 competitors in modern retail have put more than 1,000 stores on Romania’s map, and some of them have lately tried to expand to rural areas, even though still close to big cities. more

04.12.2013

Kaufland, the largest retailer in Romania, plans to open stores in the local malls after having preferred standalone stores or stores in retail parks, sources close to the company say. more

04.09.2013

Romanian electronics and appliances retailer Flanco had a turnover of EUR137 million in 2012, up nearly 25% on the year, and reached a 13% market share, the company said in a statement Tuesday. more

04.08.2013

Accessory retailer Meli Melo Paris posted sales of EUR8.25 million in Romania last year, up 10% on the year, and expects similar sales in 2013. more

04.05.2013

March was the slowest month in nineteen years since Dan Pavel, founder and majority shareholder of footwear and accessories retailer Benvenuti started out in the retail business. more

04.04.2013

Mega Image, the retailer with the largest network (over 200 stores) in Romania, has halted selection of franchisees for its convenience store chain Shop&Go. more

04.02.2013

Romanian adjusted retail sales fell 2% in February from the earlier month, on lower sales across the board, the statistics institute INS said Tuesday. more

03.27.2013

Retailer Carrefour, which has a network of 111 hypermarkets, supermarkets and convenience stores in Romania will drop its private label No 1 and replace it with another one of its own. more

03.08.2013

Dutch retailer C&A, one of the largest players on the European fashion market, will open 4-5 new stores this year in Romania, in capital Bucharest and elsewhere. more

03.05.2013

Romanian adjusted retail sales rose 4.3% in January from the earlier month, on higher sales across the board, the statistics institute INS said Tuesday. more

03.04.2013

Private labels, no-name products that have taken local commerce by storm in the past few years as the economic crisis hit and consumption declined, have now become top-selling brands in categories more

03.04.2013

Furniture and home accessories retailer kika, whose only store in Romania is located in Bucharest, saw sales up 3% last year, according to the estimates of its country manager Lars Lund. more

03.01.2013

Dragos Dinu, recently appointed chief executive of electronics, home appliances and computer retailer Domo, said his goal is to optimize the business this year. more

02.27.2013

The last six months brought about five top management changes in the local electrical and computer retail and manufacturing industry. more

02.13.2013

Dozens of empty stores are waiting for tenants on the boulevard connecting Piata Unirii and Piata Romana in the center of Bucharest. more

02.05.2013

Electronics, home appliances and computer retailer Domo was taken over by investment fund Domtech and has a new chief executive officer, Dragos Dinu. more

02.05.2013

The stock of modern retail space in Romania will increase 6% in the next two years, from 2.7 million square meters at the end of 2012, according to real estate consulting firm CBRE Romania. more

02.05.2013

Romanian retail sales fell 3.2% in December from the previous month, the largest decrease in the European Union, official data showed Tuesday. more

02.04.2013

Representatives of Era Shopping Park in Iasi (northeastern Romania) are negotiating with Swedish furniture retailer IKEA the opening of a store, and the deal is likely to be concluded this year, more