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DIY retailers head toward 100 construction supplies hypermarkets , but some are already mulling closures
28.04.2011, 23:33 | Business | 1171 views
The DIY market is likely to reach critical mass this year: 100 "construction supplies hypermarkets", operated by the seven large companies on the market that primarily operate on the retail segment. While some players still have tens of million euros to invest, others are speaking about the "imminent" closing of some stores, reads Business Construct magazine. How quickly stages are burnt in the Romanian economy can also be noticed from the development of the DIY market: in 2002, in March, France's Bricostore opened the first DIY store in Romania, at the exit way from Bucharest to Piteşti. In September of the same year, Germany's Praktiker opened at the opposite end of Bucharest, in Voluntari, the second DIY store in Romania, while brothers Adrian and Dragoş Pavăl of Bacău started building their own network of medium and large stores, under Dedeman brand, in Suceava. Read more on ZF.ro
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