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Euromonitor: Romanians To Spend RON96B In Retail Stores This Year, Up 7% On ’09

Romanians will spend 96.4 billion lei (EUR1=RON4.0682) this year on food and non-food products, some 7% more than in 2009, and will mostly target modern commerce, which will lead to the bankruptcy of over 900 small stores and boutiques, according to Euromonitor.Last year, food and non-food sales cumulated RON90.1 billion, up 6% on 2008, when the market reached EUR85.2 billion, according to data issued by research company Euromonitor International. Thus, stores will generate sales ...

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