Grocery retail market from Romania has fared quite dynamic in 2012, formats which include stores that were open throughout the year, was especially supermarkets and discount stores.

Format winner in 2012 was supermarket, small stores (convenience stores) has exploded. Thus, Mega Image retailer, present in Romanian retail market with two formats: Mega Image and Shop & Go, opened in 2012 the largest number of stores: 88, ending the year with a total of 193 stores.

Mega Image, the Romanian banner of Belgian company Group Delhaize, is retailer with the largest number of stores in Romania.

Another performers are Profi, who opened in 2012 no less than 45 stores, reaching 149 units at the end of the 2012 and Carrefour Market and Carrefour Express, the two supermarket banners of french retailer Carrefour, who opened in 2012 37 units in total.

On discounter sector Lidl, the German discounter opened 26 stores in 2012 and the other discount retailer, Penny Market has opened 14 units.

No major changes occurred on hypermarket sector, as expected, the total opening was only 12 hypermarket stores: 10 Kaufland stores and one in his right Auchan, Carrefour and Cora. Next year will counting the 20 real stores to Auchan, purchased late last year by the french retailer.

Cash & Carry format has stabilized somehow in 2012, at least in terms of number of stores. No store opening for the two representatives of this format: Metro and Selgros.

retail in Romania 2012

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French chain of hypermarkets Cora posted the highest profit per store on the Romanian modern retail market in 2010, according to estimates from Ziarul Financiar. The company had 5 operational hypermarkets in Romania during 2010. Each of them generated a profit of some €3.1m.

The next in the top-ranked most profitable modern retailers in the country last year were the cash and carry chains Selgros and Metro with a respective profit of €1.3m and €1.1m per outlet.

Despite the constantly rising number of stores in Romania, Carrefour, the largest hypermarket operator in the country, did not succeed in increasing its revenues over the last two years. The company earned €1.13bn in 2010, a 0.4% reduction in comparison with the previous year and 5% less than 2008, its record year in Romania in terms of sales. With 15 stores more in 2010 than in 2008, representing an investment of about €60m between them.

Carrefour did not succeed in matching its 2008 sales level during 2010.

In 2010, Carrefour opened 10 supermarkets and one hypermarket, the latter in the city of Drobeta-Turnu Severin, in south-western Romania. On the other hand, the company closed three supermarkets in the country in 2010, one each in Hunedoara, Baia Mare and Turda, as part of its strategy of optimising its operations. Carrefour had 55 stores on the Romanian market at the end of 2010, of which 23 were hypermarkets and 32 supermarkets.

In 2011, the company plans to open two hypermarkets in Romania, one in the Botosani Shopping Center in Botosani and another in the Colosseum shopping centre in Bucharest. The latter is due to open in 2011.
The average amount invested in a Carrefour supermarket is €1.5m and that in a hypermarket €20m, according to Ziarul Financiar estimates.

Source: ceeretail.com

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