Modern Retail Exceeds 50% Of Romania’s Commerce In 2010

In 2009, traditional commerce accounted for 55% of the total local retail market, he said.

„Due to large retail networks’ investments, and the insolvency of some small stores, modern commerce exceeded this year the traditional one,” Mircea told the „Romania Retail Forum” organized Tuesday by MEDIAFAX.

He added modern retail will continue to increase its share in the coming years.

According to a survey conducted by market research company GfK, modern retail will account for 54% of the total retail market in 2015.