Retail market in 2011 - financiare.ro
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News » January, 2011 » 11 January 2011

Retail market in 2011
11.01.2011, 00:07 | Business | 983 views



Retail will this year be marked by the arrival on the market of three of the biggest European players: Lidl, H&M and Leroy Merlin. On the other hand, Romanian players in this field will in their turn be the actors of some major events: Flanco electronics and electrical home appliances retailer plans to exit insolvency in March, and Romanian businesspeople will expand their retail businesses. There still are doubts about the arrival of Tesco and consumption rebound.

Germany's Lidl network, one of the world's most aggressive players on the discounter segment, has secured an important foothold on the Romanian market after taking over Plus network.

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