CÌÂ Albania begins a new era for shopping in Albania

CMB Albania, a leading retailer in Albania, presented today a new strategy through which the company aims at further reinforcing its presence in the local market. Currently, the company holds the most dynamic store network in ... More


Mid-season sales to run November 1-9

The first mid-season sales will open on November 1 and run through to Saturday, November 9, the National Confederation of Greek Trade (ESEE) said on Monday. ESEE said that it was the first time mid-season sales were introduced ... More


Billa Supermarket launches 25th store in Sofia

The supermarket chain Billa opened on Thursday its 25th store in Bulgaria's capital Sofia, the company announced. Billa, which is owned by German concern REWE Group, currently operates 84 outlets in Bulgaria. The new ... More


Ikea in Serbia in spring of 2014

First Deputy Prime Minister Aleksandar Vucic on Sunday announced that Swedish furniture maker Ikea would come to Serbia in April 2014 and that if Serbia gets a date for accession talks with the EU this June there will be more ... More


Agrokor to buy Slovenian Mercator

Croatian company Agrokor has the best chance of buying out Slovenian retailer Mercator, according to Slovenian daily 24ur. Agrokor had earlier dropped its bid due to delays and opposition from Slovenian officials. The ... More


Big Si Srbija shopping centre opens in Novi Sad

The first shopping centre owned by Israeli company Big Si Srbija, which is an investment worth EUR 50 million, was opened in Novi Sad on Thursday. The centre shows that Serbia could attract many more investments from Israel ... More


Carrefour Romanian sales at EUR 1.8 bln

French retailer Carrefour posted EUR 1.8 billion in sales in Romania last year, up 5.4 percent on 2010, at constant exchange rates. The retailer’s fourth quarter sales in 2011 reached EUR 340 million in Romania, a growth of ... More


Large retail chains announce arrival in Serbia

Some of the largest supermarket chains have announced their arrival in Serbia, and the German Lidl can be expected to arrive first, State Secretary at the Ministry of Trade and Agriculture Vladimir Matovic has stated, recalling ... More


Mall of Split to hire 1,500 by 2013

The construction of a new shopping-entertainment centre expected to employ some 1,500 people over the next few years has started in Mejasima neighbourhood in Split. The new building that would change and "urbanise" the ... More


The H&M in Bulgaria

The Swedish brand H&M, Hennes & Mauritz AB, known across the globe for its fashion retail for women, men and teens, is opening its first store in Bulgaria in March, 2012. The store is going to be located in one of the top ... More


Bulgaria's retail sales declined 5.8% Y/Y in April

Bulgaria's retail sales slid 5.8 per cent in annual terms in April 2011, as households spent less, hampering economic recovery, National Statistics Institute (NSI) data showed on June 7 2011. On a monthly basis, retail sales in ... More


German Lidl opens three new stores in Bulgaria

German discount retailer Lidl has added three stores to its Bulgarian chain, bringing the number of its units in the country to 37. The supermarkets were one each opened in the towns of Dimitrovgrad, Radnevo and Harmanli on the ... More


CBA Asset Management to unveil four supermarkets in Stara Zagora

Bulgarian supermarket operator CBA Asset Management will set foot in southern Bulgaria by opening four supermarkets in the city of Stara Zagora, the company said on Wednesday. The company has signed ten-year lease contracts for ... More


New Vero shopping mall opened

- Greek retail group Veropoulos opened on Tuesday night a new shopping mall, located in Skopje's downtown. The new Vero mall, spreading on 40,000 square meters, is one of the biggest shopping malls in the country. Veropoulos ... More


Merkur on the fate of the company with banks

On Friday, August 13, President of the Management Board of Slovenian Merkur Bojan Knuplez will inform the creditor banks about the draft recovery programme, which will determine further negotiations with those banks. The final ... More


France's FNAC leaves Greek market

Following a five-year presence in Greece, French technology producer FNAC has decided to up and leave the Greek market, due to the economic recession. It leaves the space it has vacated to Public, the company in the Germanos ... More


PM Borissov Unveils Biggest Trade Centre in the Balkans

Prime Minister Boyko Borissov unveiled The Mall, the largest trade centre in the Balkans, on Tuesday. Borissov noted that things in Sofia are going on perfectly well in spite of the crisis. Attending the opening were Sofia ... More


Serdika Center opens

Sofia’s latest big-box shopping mall Serdika Center welcomes its first visitors today. The shopping centre, sited on the capital’s busy Sitnyakovo Boulevard, houses 213 shops, where 65 percent is fashion stores. The ... More


Belgrade Outlet Shopping Center to open by end 2010

Belgrade-based consulting and management firm BlackOak Developments will open the first factory outlet in the country by the end of the year, called Belgrade Outlet Shopping Center, reports Tanjug news agency. The outlet, ... More


Lidl interested in Romanian, Bulgarian Plus discount operations, media reports

German company Lidl is negotiating the acquisition of the discount Plus store chains in Romania and Bulgaria from Tengelmann, according to specialized publication FoodBizDaily quoted by Novinite.com, Mediafax reports. Tengelmann ... More