01.25.2021

Real estate developers bought some EUR300 million worth of land in 2020 to build homes and residential projects, real estate consultant Colliers Romania says. However, they either did not buy land for more

01.11.2021

At least six new DIY stores should open in Romania in the next two years. They will be part of the Leroy Merlin, Hornbach and MAM Bricolaj, data centralized by ZF from the announcements of the more

12.17.2020

Local modern retail stores, about 3,500 in various formats, are valued at a little less than EUR10 billion (46 billion lei) in 2020, 21% higher than in 2019. more

12.14.2020

Romanians spent more than 20 billion lei in pharmacies last year, as their medicine and food supplement purchases rose by 8% in 2019 year on year, Trade Register data show. more

12.08.2020

German discount fashion store chain Kik has grown to 54 stores in Romania after having opened 17 in several cities of the country during the pandemic. more

12.03.2020

Retail sales in Romania grew 1.3% on the month in October and 1.8% when adjusted for seasonality and number of working days, as sales of non-food items grew 3.3%, food sales grew 3.8% and fuel sales more

11.05.2020

Retail sales in Romania grew 0.4% on the month in September and 1.7% when adjusted for seasonality and number of working days, as sales of non-food items grew 5.3%, fuel sales dropped 3.1% and food more

11.03.2020

Romania’s modern retail space stock, made up of shopping centers, retail parks and retail galleries, has exceeded the level of 4 million square meters, but the market growth rate is expected to slow more

11.03.2020

Nearly one third of retailers had similar or higher sales in the third quarter compared with the same period in 2019 although 85% registered a drop in traffic, a survey by real estate consultancy more

10.28.2020

Supermarket and hypermarket chains are the lifeline of the companies in the food and drink service industry as the number of COVID-19 cases is rising and restaurants, cafés and bars have to comply more

10.13.2020

Sales of fast-moving consumer goods varied a lot from week to week in Romania in the first nine months of the year, depending on the latest developments on the market, the steps taken by the more

10.05.2020

Retail sales in Romania dropped 1.2% on the month in August and 1.6% when adjusted for seasonality and number of working days, as sales of non-food items dropped 2.6% and fuel sales dropped 1.4%, data more

09.17.2020

The retail universe in Romania numbers 120,000 stores and more than 90% of those have a floor area of less than 120 square meters, National Statistics Institute data show. On the other hand, there are more

09.15.2020

Flanco Retail, one of the largest players on the local electro-IT market, has appointed Ovidiu Nicusan to the position of marketing manager, starting September 15. more

09.07.2020

Romania's fast moving consumer goods market grew 12% on the year in value in the first half of 2020, a report by GfK showed Monday. more

08.26.2020

Czech real estate developer RC Europe has completed the third retail park in Romania, in Oradea, following a total investment of EUR9 million, and plans to develop an office building in capital more

08.18.2020

Discount retail chains – Lidl, Penny and Supeco, now account for one fifth of the modern retail sales, after their sales went up twice faster than the market on average last year. more

08.13.2020

Spanish-held group Inditex posed almost 250 million lei net profit in Romania last year, which means its net margin was 13%, one of the highest in the retail sector. more

07.23.2020

Modern retail stock in Romania, consisting of shopping centers, retail parks and commercial galleries with a lettable area of at least 5,000 square meters, has reached 3.96 million sqm and will exceed more

07.17.2020

Modern retail, an industry with over 3,000 supermarkets, hypermarkets, cash&carry, discount and proximity stores, had an average number of 79,000 employees in 2019, just 400 more compared with 2018, more

07.01.2020

Romanian lender Banca Romana de Credite si Investitii (BRCI) is re-entering the financial retail market and opening its first new unit, in Galati. more

06.19.2020

Developer Forty Management, which is currently working on four mixed-use projects, has sold 30% of the retail space in Central District 4 Elemente in southeast Bucharest to an investment fund for more

06.18.2020

Online sales increased in the past three months amid pandemic-related restrictions and are seen growing 28% in 2020 compared with 2019, to nearly EUR5.5 billion, a study by management consultancy firm more

06.04.2020

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06.04.2020

One in four bank ranches in Europe will close in the next three years as new customer habits in terms of digital banking, brought about by the pandemic, will become permanent, an analysis by financial more