Romania Retail Report - Business Monitor International - Industry Reports

Romania Retail Report

Romania Retail Report - Business Monitor International - Industry Reports
Romania Retail Report
Published Aug 13, 2016
64 pages — Published Aug 13, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

BMI View: We believe that Romania will be one of the fastest-growing economies across the EU during the next year, supported by strong private consumption, a tightening labour market and rapidly rising wages. This will continue to attract new investors and prompt expansion of the existing players in the country s rapidly developing retail market thus intensifying competition across the board. ...BMI View: We believe that Romania will be one of the fastest-growing economies across the EU during the next year, supported by strong private consumption, a tightening labour market and rapidly rising wages. This will continue to attract new investors and prompt expansion of the existing players in the country s rapidly developing retail market thus intensifying competition across the board. That said, we note that Romania, especially its rural areas, remain some of the poorest regions in the EU, and growth will come on a relatively low base. ...

...� Benefitting from VAT cuts in mid----- and early ----, total retail sales in Romania registered --.- growth year-on-year (y-o-y) in May ----. During the first five months of ----, the sales of food, beverages and tobacco went up by --.- as compared to the same period last year. ...During the first five months of ----, the sales of food, beverages and tobacco went up by --.- as compared to the same period last year. � As a part of its expansion strategy across Central and Eastern Europe, US-based fashion retailer Forever -- plans to open its first store in Romania in September ----. Run by the regional franchisee Teren Management Europe, the first --,--- square metre outlet will be located in the new ParkLane shopping centre in central Bucharest. ...Run by the regional franchisee Teren Management Europe, the first --,--- square metre outlet will be located in the new ParkLane shopping centre in central Bucharest. � Romania s second-largest drug stores/pharmacies brand Sensiblu is acquiring -- Reteta pharmacies from

...Household spending is among the lowest in the European Union, and only Bucharest can currently offer a sizeable market for the retailers in all price segments. Low Internet penetration is still limiting the size consumer base for online retail. ...Low Internet penetration is still limiting the size consumer base for online retail. The three sub-sectors of essential goods and services (food & drink, housing & utilities and transport) will amount to almost -- of the total spending in ----, resulting in lower spending in more competitive retail sub-sectors. Despite the improvements in the past decade, Romania continues to be one of the most corrupt countries in the EU. ...

  
Source:
Document ID
2040-9206
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Romania Retail Report" Aug 13, 2016. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Romania-Retail-Report-2026-959>
  
APA:
Business Monitor International - Industry Reports. (2016). Romania Retail Report Aug 13, 2016. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Romania-Retail-Report-2026-959>
  
US$ 1,295.00
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