retailers
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New Yorker focuses on provincial market this year
New Yorker, one of the largest German clothing retailers, will open another two stores outside Bucharest this year, while 2009 will see the company tap into the Bucharest market.
Metro still relies on small retailers
Francois Oliver, general manager of Metro Cash & Carry, thinks small stores, which are some of the leading clients of the network, will resist the offensive of hyper and supermarket chains.
Omilos Group manager: Retailers and developers revise plans downwards
The Romanian real estate market has been affected by the global financial crisis, which has lead to higher borrowing costs, and raises doubts among developers and retailers, which are re-eva...
Major food retailers, 10% expansion since start of the year
Hypermarkets were outrun by discounters in terms of the expansion pace registered in the first half of this year. Hypermarkets, which last year posted a 72.5% advance in the number of stores...
Leading GSM retailers have 250 openings planned
The largest players on the GSM retail market have announced plans to expand their networks by over 250 stores this year, both through acquisitions and by opening new stores, particularly in...
Domestic retailers are not in any rush to sell
On a market where international retailers target supermarkets, the owners of the biggest Romanian networks in food-orientated retail have indicated that they are not in any rush to sell. So...
Why major retailers are leaving Calea Victoriei
Rents in excess of 100 euros per square metre, poor pedestrian access, and the lack of car parks have caused some of the most luxurious brands to flee the main streets of Bucharest. What are...
Major retailers: Our profits don't exceed 5% of turnover
The Association of Large Retail Networks in Romania (AMRCR) has answered the accusations made by foods producers that say profit margins in Romanian modern retail are smaller than in traditi...
Opening of malls doubles business of clothing retailers
The approximately 600,000 square metres offered by the 24 malls on the market has allowed players in the clothing industry to aggressively expand their store networks, with some even doublin...