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Articles - retaileri

Dedeman to pay EUR 7 million to Prigoana for a plot Patelimon

DIY retailer Dedeman, owned by Paval brothers, will buy a land of 5 ha in Pantelimon from Rosal Grup, owned by Honorius Prigoana, one of the sons of Silviu Prigoana.

Dedeman, biggest retailer on the DIY market in Romania, builds its 4th store in Bucharest

Romania’s Dedeman is building its fourth store in Romania’s capital city, which will be inaugurated on Bucharest’s Theodor Pallady Boulevard in March.

Kaufland Romania to add 9 stores to its network in 2015

German-held food retailer Kaufland will continue its expansion in Romania in 2015 by opening nine more hypermarkets, bringing its local network to 111 stores, according to company data.

Demand for retail space to go up in 2015, says DTZ Echinox

After four years during which most retailers have concentrated on consolidation and brand repositioning and less on expansion, 2014 has seen a more dynamic evolution which is expected to continue this year as well, according to representatives of real estate consultancy firm DTZ Echinox.

Jumbo to open three new units in Romania this year

Toy retailer Jumbo will open three new stores in Romania in 2015, in Arad, Ploiesti and Pitesti. The Greek company will reach a network of seven stores on the local market, where it has already posted EUR 9 million in sales in the last fiscal year.

Mega Image targets Billa acquisition

Mega Image, owned by Belgian group Delhaize, is currently looking into the possibility of acquiring the Billa network, according to several sources on the market quoted by zf.ro. A British investment fund is another player interested in the 80-unit network that posted a EUR 300 million turnover last year.

Two more large retails in Romania sign purchasing cooperation agreement

The two large French retailers Carrefour and Cora / Supermarchés Match recently signed a purchasing cooperation agreement, a partnership which covers purchasing negotiations for national and international brands, food products and general merchandise, except for private label products, goods produced by SMEs and fresh produce from the agricultural sector.

JLL: Bucharest ranks 30th in the top European retail destinations

Bucharest ranks 30th among the most attractive 57 cities in Europe in terms of the interest of international retailers for expansion, after Budapest and Warsaw, and 25th as regards luxury brands, according to a cross-border retailer index compiled by global real estate adviser JLL.

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