The local sports equipment market, which Ziarul Financiar estimates at EUR55 million to EUR60 million, has gained a new player, which will compete against three heavyweights – Decathlon, Hervis and Intersport. source: Ziarul Financiar

U.S. fast food chain Subway opened at the end of last week its first restaurant outside capital city Bucharest and its second in Romania, in shopping center Iulius Mall in Cluj-Napoca, northwestern Romania. source: Ziarul Financiar

Retailers in AFI Palace Cotroceni mall in Bucharest, controlled by Israeli group AFI Europe, posted sales of EUR46.1 million in the first three months of this year, up 15% on the similar period of last year. source: Ziarul Financiar

Retailers in AFI Palace Cotroceni mall in Bucharest, controlled by Israeli group AFI Europe, posted sales of EUR46.1 million in the first three months of this year, up 15% on the similar period of last year. source: Ziarul Financiar

Romanian fashion designer Romanita Iovan has invested EUR 200,000 in opening an Escada store in The Grand Avenue, the retail gallery within the compound that hosts the JW Marriott hotel in Bucharest. The 81-sqm store joins other fashion brands such as Louis Vuitton, Alfred Dunhill, Rolex, Davidoff, Ermanno Scervino, Stefanel, among others. Romanita Iovan opened the store under franchise. In Romania, the Escada brand was re-launched after a five-year absence. Iovan initially brought the brand to Romania under franchise in 2002 with a store on Calea Victoriei, but the business failed. Escada was [...]

Mega Image, a member of Belgian group Delhaize, plans to open nine new supermarkets in Romania in May, the first of which, a Shop&Go proximity store, will open Thursday in Bucharest. source: Ziarul Financiar

At the entrance to Unirea shopping center next to McDonald’s, one of the most popular meeting places for young people in Bucharest, customers continue to flock 5-10 minutes before 10 AM, waiting for the stores to open, as they did before. But unlike two or three years ago, customers can now also wait at the separate entrances to H&M, New Yorker and Stradivarius stores, for which the Adamescu family, the owner of Unirea Shopping Center, made room, either by relocating tenants or by removing them altogether. source: Ziarul Financiar [...]

Clothing retailer C&A, one of the largest in the world, made EUR45 million to EUR50 million in revenue in Romania in the fiscal 2011, double as much as in 2010, according to ZF estimates. source: Ziarul Financiar