ARTICLES: Top 10 Retailers in 2021
Most large retailers recorded revenue increases in 2020, but rather unfavorable profit developments. Overall, the cumulative turnover of the top 10 retailers increased by almost 8 billion lei (+ 13%), and the cumulative profit increased by 8%. However, this seemingly excellent evolution is mainly due to the exceptional growth achieved by a few players.
Kaufland, Carrefour, Profi and Rewe (Penny), as well as almost all major local retailers had revenue cuts in 2020 at the same rate as in previous years. Read more…
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