Modern Retail Exceeds 50% Of Romania's Commerce In 2010

Modern retail--hypermarkets, supermarkets, cash&carry and discount stores--accounted for over 50% of Romania's total retail market this year, exceeding traditional commerce, according to Competition Council official Valentin Mircea.

12 views

Imaginea articolului Modern Retail Exceeds 50% Of Romania's Commerce In 2010

Modern Retail Exceeds 50% Of Romania's Commerce In 2010

In 2009, traditional commerce accounted for 55% of the total local retail market, he said.

"Due to large retail networks' investments, and the insolvency of some small stores, modern commerce exceeded this year the traditional one," Mircea told the "Romania Retail Forum" organized Tuesday by MEDIAFAX.

He added modern retail will continue to increase its share in the coming years.

According to a survey conducted by market research company GfK, modern retail will account for 54% of the total retail market in 2015.

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.

 

The free download of the press materials (text, photo and / or video), bearers of intellectual property rights, is approved by www.mediafax.ro only within 250 signs. Spaces and URL / hyperlink are not taken into account when counting signs. The collection of information can only be done in accordance with the terms agreed and mentioned here