Retail & FMCG - Business Review

Retail & FMCG

Young Romanians like to shop on international online stores like Amazon, eBay or AliExpress, study finds

Retail & FMCG March 23, 2018 14:18 0 comments

According to a study by iSense Solutions, over half (59 percent) of young Romanians under 35 years old in urban areas have bought products online, in the last year, from a foreign online store such…more »

Kingfisher reveals price paid for Romania’s Praktiker, local unit turned profitable

Retail & FMCG March 23, 2018 10:42 0 comments

British group Kingfisher, Europe's leading home improvement retailer, revealed it paid GBP 19 million (EUR 21.7 million) last year for the acquisition of Romanian home improvement company Praktiker, according to final results statement for year…more »

New Look to close 60 stores and to lay off 1,000 employees

Retail & FMCG March 22, 2018 15:24 0 comments

British retailer New Look will close 60 stores in the following 12 months and will lay off sloe to 1,000 employees, following the approval of restructuring plan, according to BBC. The stores’ representatives say the…more »

inflation forecast

Romania posts EU’s highest annual inflation rate in February

News March 16, 2018 12:17 0 comments

Romania posted the highest annual inflation rate among the European Union member states in February, of 3.8 percent measured by Harmonised Indices of Consumer Prices (HICP), Eurostat data showed on Friday. "The highest annual rates…more »


Amazon’s Japan HQ raided by antitrust regulators

Retail & FMCG March 16, 2018 10:32 0 comments

The Japanese headquarters of e-commerce giant Amazon was raided by the country’s Fair Trade Commission (JFTC) on suspicion of violation of antitrust regulations. The regulator said that Amazon Japan was being investigated after allegations that…more »

AFI Cotroceni’s sales to over RON 1.1 bln in 2017

Retail & FMCG March 13, 2018 14:30 0 comments

AFI Europe Romania published its financial results; the Net Operating Income (NOI) from its income producing assets in Romania reached to over EUR 51 million in 2017, representing 10.1 percent higher results compared to 2016.  …more »

Magazin Lidl

Lidl invests EUR 100 million in Romania, prepares to launch its second largest digital hub

Retail & FMCG March 09, 2018 10:59 0 comments

German discount food retailer Lidl has increased the paid-up share capital of its Romanian subsidiary with EUR 100 million, preparing to launch the first local digital hub and the second largest in Europe, according to…more »

Analysis. Romania’s retail market makes quantum leap

Retail & FMCG March 07, 2018 15:30 0 comments BR Exclusive

Few imagined in 1998, when they walked to the corner store, that in 20 years’ time they would be able to flit between shops in a matter of seconds, without even leaving the couch. Or…more »

Mega Image

Inspiring stories: Mega Image

Retail & FMCG March 07, 2018 15:30 0 comments

Last year, Mega Image implemented a recruitment campaign that addressed every segment of the local labor market, including older people. “We targeted retired people who either have a small pension which cannot support their monthly…more »

Dragos Sirbu CEO Flanco

Flanco Retail: 2017 was best year in history, sales up to RON 983 mln

Retail & FMCG March 06, 2018 15:46 0 comments

Flanco Retail, a Romanian brand active on the domestic market since 1994, ended 2017 with the highest sales in the company’s history, reaching RON 983 million (EUR 210 million), a 7 percent growth from the…more »