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Articles - retaileri

IKEA buys land in Bucharest to open second store in Romania

IKEA purchased on Friday the land for the construction of the second store in Romania, also in Bucharest, in the Pallady Boulevard area in District 3, announced the Swedish retailer of furniture and decoration, according to Mediafax.

Wholesale and retail business up 6.1 pct in first four months

The turnover of wholesale trade and retail and car and motorcycles service increased by 6.1 percent in the first four months, unadjusted series, due to the advance in trade with motor vehicles (14.7 percent) and maintenance and car service (6.8 percent).

Altex opens new store in Timisoara following EUR 5.4 mln investment

Electronics retailer Altex opens on Thursday the largest store in Timisoara, following a EUR 5.4 million investment, the show-room having 2,400 square meters and an offer of 15,000 products, reports Mediafax.

Leroy Merlin opens new store near Bucharest

French DIY retailer Leroy Merlin opened on Friday, in Bragadiru, near Bucharest, the fifth store under its own brand, and will launch in the coming period another unit in Brasov, the company said according to Mediafax.

Retailer Profi opens its 300th store in Romania

Retailer Profi opened in Timisoara, western Romania, its 300th store. It plans to double its network by the end of the next year, according to Profi.

Romanian mall occupancy rate halves after hypermarket closes down

The occupancy rate of the retail center Galleria in the western Romanian city of Arad will go down by 50% starting June, according to market sources quoted by Mediafax.

French retailer Carrefour ponders taking over the local operations of supermarket network Billa.

Mega Image also considered the transaction, but withdrew from the race. The deal could amount to EUR 70-90 million, according to market sources, cited by local Ziarul Financiar.

Zara recruited its expansion manager from DTZ

Spanish group Inditex, the most important player on the local fashion market, where it is present with seven brands, including Zara, recruited Răzvan Sin for the position of expansion manager, according to sources in the market.

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