People of Cushman & Wakefield Echinox
In 2021, the large retail chains recorded a cumulative turnover almost 20% higher than the corresponding one for 2019 (the last fully operational pre-pandemic year), an increase 60% above the consumption growth rate pertaining to the last two years (12.5%), and over the total inflation registered in the 2020 – 2021 period (7.8%), according to the Romania Retail Snapshot study produced by Cushman & Wakefield Echinox. The study analyzed the turnover evolution of 110 retail companies operating in 12 different retail market segments, namely FMCG, Fashion, DIY, Sports, Footwear, Kids and Toys, Jewelry, Home & Deco, Food and Beverages, Cosmetics, Electro-IT, Specialized Stores. Together, the 110 retailers in question had more than 6,000 stores, located mainly in shopping centers, retail parks, and commercial galleries.
