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April 8, 2014

Home-improvement retailer Leroy Merlin to expand in Romania

French home-improvement and gardening retailer Leroy Merlin has firmed up plans to increase its retail presence in Romania by acquiring three Baumax units and one Obi store.

By RBR Staff Writer

The two retailers would exit the Romanian market, with falling sales recorded in the region, reports local Wall-street.ro.

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As part of the expansion plan, Leroy Merlin will open a new 13,000m ² store in Craiova this June.

Separately, the retailer is looking to develop its own projects in key locations in Bucharest and across the country.

Established on the outskirts of major towns and cities, Leroy Merlin stores are large centres providing self-service and sales assisted services. Its business is centred around six main sectors: DIY, building, gardening, sanitary equipment, renewable energy, and interior decoration

Presently, it operates more than 300 home improvement stores in 13 countries.

Free Report
img

Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.