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Small supermarket networks ally to hold against large international retailers
Tuesday, April 3, 2007
Five local supermarket networks, with total sales standing at 50 million euros in 2006, decided to ally to fight more efficiently against large international retailers, with the new entity, to operate as a joint acquisition group, to become operational early this April and to be called RomRetail, manager of the Ethos supermarket networks Ion Soloman announced.The five networks, running entirely on Romanian capital, are Ethos (based in Bucharest), Cip Savin (based in Campulung Moldovenesc - ...