retailers
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Competition Council fines retailers for the first time in three years
The Competition Council yesterday fined discounter chain Profi and fruit and vegetable supplier Interfruct 4 million euros for fixing shelf prices for the products delivered to the Bucharest stores of the retailer. This is the first penalty incurred by the ret...
DIY retailers head toward 100 "construction supplies hypermarkets", but some are already mulling closures
The DIY market is likely to reach critical mass this year: 100 "construction supplies hypermarkets", operated by the seven large companies on the market that primarily operate on the retail...
IT&C retailers say sales up 30-60% in Q1, telecom industry still ailing
eMAG, Pcfun, Pcgarage and EvoMag, some of the biggest local IT&C retailers, saw sales up 30 to 60% in the first quarter year-on-year, according to the data they made available to ZF.
Small retailers in Unirea not afraid of Zara and H&M
Unirea Shopping Center is increasingly looking like a mall as all major fashion names are lining up on the ground floor and radically changing the look of the old universal store.
Retail attracting half a billion euros now
The big retailers in Romania, which in the past ten years made up a 7-8 billion-euro annual market have half a billion euros left for investments this year, although the times when shoppers...
With 15 additional stores, Carrefour fails to match its best year sales
French group Carrefour, the biggest hypermarket operator on the Romanian market, which also holds Carrefour Market supermarkets, reported 1.13 billion euros in turnover in Romania in 2010, d...
Promotional offers available as of first day of the year, but buyers are not too easily convinced to buy
The number of Romanians who saved some money to catch January promotional offers is not very high, considering the number of week-time visitors in the shopping centres of Bucharest. Moreover...
Supermarkets, retail stars: Over 40 stores and investments in excess of 65m euros
Whereas 2009 was the year of discount chains, this year it was supermarkets' turn to become the most dynamic segment in modern retail. 2010 saw the opening of more than 40 supermarkets, with...
Retailers set new price benchmarks for plots of land
Land deals inked this year have topped 100m euros, with retailers setting the new price benchmarks. After 2009, at the end of which owners no longer knew how much to ask, and investors did n...