The Hypermarket – A Solution to Develop the Romanian Retail

Asandei Mihaela () and Gangone Andreea-Daniela ()
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Asandei Mihaela: “Constantin Brâncoveanu” University, Piteºti
Gangone Andreea-Daniela: “Constantin Brâncoveanu” University, Piteºti

Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 690-695

Abstract: Romanian trade is placed, at the beginning of this millennium, at an intermediate stage of a complex process of development. Since 1995, Romania has experienced a steady increase of the retail market due to the entry on the Romanian market of some modern international trade chains and to the changes made in the Romanian consumer's behavior. In this paper, we present the concept and characteristics of the hypermarket and we characterized the modern Romanian retail. Assuming that there are a variety of factors that shape the modern retail, we analyzed the impact of the macroeconomic variables on the development of hypermarkets on the Romanian retail market. The research methodology was based on the method of multifactor regression and on the method of statistical correlation. The results of the study showed that the hypermarket had a spectacular evolution in the Romanian retail, marking a milestone in the evolution of consumption.

Keywords: hypermarket; modern retail; Romanian market; retail market (search for similar items in EconPapers)
JEL-codes: L81 M31 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:1:p:690-695

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