06.04.2012

Hornbach, whose four do-it-yourself stores in Romania bring EUR75 million to EUR80 million in sales each year, will open one more unit in Timisoara this year, following a EUR30 million investment. more

06.01.2012

Catia Radulescu, Centrofarm’s new chief executive officer, said the development of the retail pharmacy chain will be intensive over the coming period, which means it will focus on expanding the more

05.31.2012

Dorin Catana, the chief executive officer of the Centrofarm retail pharmacy network, stepped down from his position and was replaced by Catia Radulescu, a member of the board of directors and one of more

05.29.2012

Five of the 40 most important shopping centers in Romania account for almost 40% of total turnover, but together only make up 21% of the country's gross lettable area, according to a study by more

05.04.2012

Romanian adjusted retail sales rose 4.5% in the first quarter of 2012 compared with the year-earlier period, on growing consumption in all sectors, the statistics institute INS said Friday. more

04.25.2012

Retail spaces under construction in Romania stretch onto around 300,000 square meters, of which 170,000 sqm are to be delivered until the end of the year, real estate advisors Colliers said in a press more

04.09.2012

French group Auchan took over from Flavus Investitii the real estate project developed on the former Tractorul industrial platform in central Romanian city Brasov. more

04.04.2012

The development of modern retail in Romania in 2000-2011 has put pressure on the increase in food prices - as the segment's share grew by 1%, prices dropped by 0.88 points, says a study presented more

04.04.2012

Romanian retail sales fell 2.5% in February from the previous month, the third largest decrease in the European Union, official data showed Wednesday. more

04.04.2012

The state should support small producers so they will be able to sell their products in large retail stores, which represent 50% of the market, and be less concerned with adopting interventionist more

04.03.2012

Romanian adjusted retail sales decreased 2.5% in February compared with a month earlier, due to falling demand in most sectors, the statistics institute INS said Tuesday. more

03.27.2012

Sorana Georgia, manager of supermarket chain Billa, says 2012 will be the best year for the company she runs both in terms of turnover and in terms of the number of openings. Billa’s estimates come more

03.21.2012

Bucharest’s shopping center floor-space per thousand people stands at 185 square meters, one of the lowest rankings in Europe, after Paris with 141 sqm and Vilnius with 130 sqm, according to a more

03.15.2012

Romania should amend the law on the sale of food products, as it has had negative effects on the market, Competition Council president Bogdan Chiritoiu said Thursday. more

03.14.2012

Mikael Ohlsson, the chief executive officer of IKEA, world’s largest furniture company, says he is in no hurry to open the next store in Romania and prefers to do things step by step, as IKEA is not more

03.08.2012

Metro Cash&Carry, the largest retailer on the Romanian market by sales, is the first to provide a pessimistic estimate about the consumer-spending trend this year. The company, whose last year sales more

03.07.2012

Modern retail companies invested about EUR50 million in the first two months of year to open 29 stores throughout Romania. They did it in part because they were encouraged by the four consecutive more

03.06.2012

Consumption showed the first signs of rebound in the last quarter of last year and pursued an even faster rise in 2012. The almost 10% increase came from food retail, which was helped by the bad more

03.05.2012

Romanian retail sales rose 3% in January from the previous month, the third largest increase in the European Union, official data showed Monday. more

03.02.2012

Romanian adjusted retail sales rose 2.9% in January compared with a month earlier, largely fueled by growing demand in all sectors, the statistics institute INS said Friday. more

02.29.2012

Romanian do-it-yourself retailer Dedeman, controlled by brothers Adrian and Dragos Paval in Bacau, continues to surprise with rising sales, which came close to the EUR500 million mark last year. more

02.28.2012

Managers expect a moderate increase in industry and relative stability in construction, retail and services for the February-April interval of 2012, according to data published Tuesday by the Romanian more

02.27.2012

Romanians spend half a billion lei (over EUR100 million) on toys and games a year and the amount will continue to increase. The local toy market might even see annual growth of 14% from 2010 through more

02.23.2012

German do-it-yourself company Praktiker, which operates a 27-store network on the Romanian market, has reduced the number of employees from 2,500 to 2,000, while sales went down to half compared to more

02.22.2012

German retailer Billa, part of the Rewe group, will open at least ten stores this year in Romania, and its investment budget, which includes remodeling of older stores, stands at EUR20 million to more