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

11.30.2011

The local retail market, which had a little over 88,000 stores at the end of last year, has lost some 6,500 stores over the past four years in traditional retail alone. Although communist-era kiosks more

11.25.2011

Dorina and Dan Mutu from Ramnicu Valcea town have over 17 years built businesses with a turnover in excess of EUR46 million this year. more

11.24.2011

Investors bet over EUR350 million on new malls and the expansion of existing projects this year. Openings also show in the ranking of cities by retail area per capita. more

11.24.2011

Retailers have mixed opinions about the evolution of consumption next year, but most believe there will be a change in the structure of consumption, with Romanians set to abandon premium products and more

11.21.2011

The founders of Austrian real estate consultancy Krammer & Wagner, who brought tenants to shopping centers such as Bucharest’s Militari Shopping and Constanta’s Maritimo, said at least ten more more

11.20.2011

Eight Romanian entrepreneurs are fighting modern retail bigwigs like Kaufland, Carrefour and Penny Market on equal footing, and rank among the top 20 local retail players. Businesspeople like Nicolae more

11.17.2011

Modern retailers are in a hurry to open stores in time for the winter holiday season, which always adds to the revenues of companies in this sector. more

11.13.2011

No fewer than four Mega Image stores are located along Bucharest's Stefan cel Mare boulevard. Not one store of competitors Profi or Carrefour is to be found on the same street or in the vicinity. Why more