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Gheorghe Ciubotaru, Electroalfa
We are witnessing a continuous process of adaptation to the mechanisms in the market»
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Hypermarket, supermarket and cash & carry chains open 1,500 units amid economic turmoil

In the six years since the economic slump began, the Romanian retail market has undergone an extremely difficult and challenging episode, though the decline of consumption and sales has been offset by the aggressive expansion of hypermarket and supermarket networks.

2014-04-05 18:37:58 - From the Print Edition

The main trends on the local market were the vanishing of some retailers, especially Romanian ones, a 10 percent drop in sales, the consolidation of other networks, new formats and targets, a boom in private labels, and the gradual replacement of traditional trade by modern retail in 2013.



These trends emerged naturally due to market development that started in 2008, but were also triggered by a change in consumer behavior, as shoppers became more price-conscious due to th...

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