01.17.2012

Bogdan Vlad and Dan Teodosescu, two of the founders of eMag, the largest online retailer in Romania, sold all of their remaining shares, about 30%, to the majority shareholder, Asesoft Distribution, more

01.13.2012

The five retailers that operate on the Romanian hypermarket segment currently have 135 stores, which generate turnover of over EUR3.5 billion. more

01.12.2012

Despite the consumption slump, modern retailers continued expansion in Romania in 2011. more

01.11.2012

Profi supermarket chain maintains its expansion plans for 2012, despite posting weaker-than-expected sales last year. more

01.06.2012

Romanian adjusted retail sales fell 1% in November compared with a month earlier, on lower food product sales, the statistics institute INS said Friday. more

01.05.2012

Ovidiu Wencz, the manager who in December became chief executive of Dona pharmacy chain, says the main objectives of his three-year mandate are the development of the network to 300 units and a more

01.03.2012

The year 2012 will see investments of tens of millions of euros of foreign supermarket and apparel retail chains continue. It may also be the year when UK’s Tesco arrives, a scenario speculated on more

01.03.2012

Slovenian-held home appliances maker Gorenje, which has been operating in Romania for a decade now, posted about EUR12 million in net revenues in 2011 and expects 7% growth this year. more

12.29.2011

The mall market in Bucharest could resume strong growth next year when developers of six new projects with over 300,000 square meters of floor space plan to begin construction works. This would take more

12.29.2011

The bulk of the revenue of traditional retailers in Romania, almost 46%, comes from sales of cigarettes. Non-food consumer goods except cigarettes account for merely 7.6% in the sales, which is lower more

12.28.2011

Retailers, who waited the whole year for December to come, as it is considered the best month in terms of sales, say this December has been better than in 2010. more

12.27.2011

Like 2010, this year was the year of supermarkets, after discount chains became the most dynamic segment of modern retail in 2009. This year saw the opening of almost 80 supermarkets, with the most more

12.23.2011

Modern retailers continued to invest hundreds of millions of euros this year in the opening of 150 new stores, despite the 4.5% decline of consumer spending in the first ten months. more

12.20.2011

Philippe Lejeune, the executive who has been running the Cora business for over ten years, says consumption started to rise tentatively in October, by 1-2%, and that the rise will continue next year, more

12.16.2011

2011 was the year of the “big four” clothing retailers operating on the local market, Inditex, H&M, New Yorker and C&A. Although consumer spending continued to decline by over 5% this year, more

12.16.2011

Bucharest’s Theodor Pallady boulevard will draw investment of more than EUR500 million over the next two years, especially in retail and on the auto segment, according to Bucharest District 3 chief more

12.16.2011

The niche of delicacy stores is starting to take shape on the Bucharest market, as small businesses seek to persuade consumers that they offer a viable alternative to the mass products found in more

12.15.2011

Although the crisis has lingered on and consumption continued to decline, 2011 has been a good overall year in the retail sector, estimated at EUR16 billion. The new market entries, the launches of more

12.13.2011

On a retail market where the battle is fought with prices only, the private labels of the major companies, either unknown or avoided by Romanians until not so long ago, are gaining ground so that more

12.12.2011

The first days of December, the best month for consumer spending of the entire year were different for the retailers operating on the local market. Retailer Profi announced lower sales than in the more

12.10.2011

The International Monetary Fund and the European Commission called on the Romanian Government again to eliminate restrictions for opening large retail stores, as the country failed to observe a more

12.05.2011

Romanian adjusted retail sales rose 2% in October compared with a month earlier, largely fueled by a 12.3% increase in delivery orders and online sales, the statistics institute INS said Monday. more

12.04.2011

The DIY retail networks this year have put the brakes on their local expansion, opening only eight stores, including five by local network Dedeman. French network Bricostore opened one store, in more

12.01.2011

The shopping centers with poor sales, few clients and hardly any major tenants on the local market are selling at 80% to 90% discount on the prices of 2006 and 2007. The latest deals to prove it are more

12.01.2011

New types of deposits with maturities of two years and of eight months, mortgage loans meant to encourage financing in lei, supplying all branches with special machines for non-stop operations, the more