Retail spending of Romanians up 7.1% in 2024

02
Jul
2025
News - Retail spending of Romanians up 7.1% in 2024 #Cushman & Wakefield Echinox #retail #Romania #Vlad Săftoiu

by Property Forum | Retail

Romanians spent approximately €40 billion in large retail chains last year, marking a 7.1% increase compared to 2023, according to research by Cushman & Wakefield Echinox. The result, while a slowdown from the 11.1% increase in 2023, still outpaced inflation. 


The study analyzed the financial results of 123 retailers across 13 diverse segments.

Major food stores continue to dominate spending, accounting for €24 billion, or 60.3% of the total. However, this segment saw a more modest 5.2% increase in sales, falling below the 2024 annual inflation rate of 5.6%. DIY stores followed with €4.3 billion (10.9%), then Electro IT with €3.6 billion (9.1%), and Fashion at €2.5 billion (6.2%). Entertainment, included for the first time, recorded the lowest spending. 

Vlad Săftoiu, Head of Research at Cushman & Wakefield Echinox, said: “While spending on food and on daily living remains high, a higher overall growth rate has been recorded by non-food products. This is a positive signal for the retail market, especially as most non-food segments from our study reported double-digit growth, indicating strong potential for operators looking to expand in Romania.” 

The robust turnover increases are attributed to both retail expansions and organic growth, driven by a surge in physical store sales and a significant online presence among most operators.

Developers have actively supported this expansion, delivering approximately 340,000 sqm of new retail spaces between 2024 and H1 2025, both in new schemes or extensions/upgrades of existing projects. 




Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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