Record number of cheap stores this year

Clothing and footwear discount chains which tapped into the Romanian market in the last four years have opened over 30 stores this year in an attempt to make their way into areas yet untapped by competitors.Pursuing the same strategy as food retailers, which left hypermarkets far behind, by opening one store every five days as early as in 2009, the Germans at Deichmann and at Takko, which together have 75 stores, doubled their chain last year.Moreover, French-held Kiabi, which entered the ...

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