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Seven trends shaping in-store marketing and retail design in 2024

Smart brands know that in-store marketing and store design can work wonders when it comes to converting onlookers into shoppers, and shoppers into loyal brand advocates. In this article we...

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2024 is a year of challenges for the tobacco industry and retail

Annual tobacco retail sales are expected to have increased in 2023, even if industry players were facing a number of adverse changes last year. Manufacturers of FMCG products sold in...

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The latest issue of Trade magazine is out now!

The digital version is available with more content once again, and can be read by clicking on the front page below. Trade magazin’s April issue traditionally starts with the big...

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Tamás Éder: ham is no longer the star of Easter

The purchase and consumption of ham products in Hungary during the Easter holiday period accounts for 30-40 percent of the annual turnover. This traditional festive period is a significant highlight...

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The unemployment rate rose to 4.7%

In the three months between December 2023 and February 2024, the number of employed people (age group 15-74) was 4,721,000, 31,000 more than a year earlier. The number of people...

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JYSK is constantly working to reduce its environmental footprint

The Danish company, JYSK, is once again taking important steps in the field of environmental protection, this time by changing the packaging and ingredients of its products. The company has...

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Competition authority leaders from 15 countries met in Budapest

At this year’s first event of the joint Regional Competition Education Center (ROK) of the Economic Competition Authority (GVH) and the OECD in Budapest, the heads of competition authorities from...

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The discounters reduce the price of Easter ham with imports: what can we expect this year?

As the Easter season approaches, discounters are trying to enter the price competition with imported meat products, especially imported Easter ham. According to the advice of the Meat Association, those...

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Systemic thinking

On 25 January the 17th awards gala of the Hungarian Franchise Association took place at the Hilton Budapest Hotel, where the 2023 Franchise Network of the Year Award went to Alma...

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The agricultural professionals of the future are being trained in the present

Hungarian agriculture and agricultural vocational training have a past, present and future, on which the domestic agriculture and food industry can confidently build – declared Dr. Márton Nobilis, Secretary of...

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The DNA segment responsible for the spread of antibiotic resistance has been identified in Salmonella

The researchers of the National Laboratory of Agricultural Biotechnology and Precision Breeding for Food Safety (Agrarian Biotechnology NL) have identified two DNA segments of the salmonella bacterium that are responsible...

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Hungary wins six world prizes at the 2024 WorldStar

There were 435 entries from 41 countries in the World Packaging Organisation’s 2024 WorldStar Global Packaging Awards competition, and 214 entries from 37 countries were awarded the WorldStar prize. Six...

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The EU has strengthened the rules for the protection of geographical indications for food and beverages

At Tuesday’s meeting of the Agriculture and Fisheries Council, the ministers of the EU member states adopted the decree on improving the protection of geographical indications and other quality systems...

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The position of the National Association of Hungarian Dietitians on intermittent fasting

Intermittent fasting (IF) is based on alternating fasting and eating periods. They focus on the timing of food consumption rather than the quantity and quality of food consumed per se....

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Artificial intelligence to accelerate delivery of online orders

Artificial intelligence (AI) and machine learning will boost the development of home delivery in 2024, by predicting the number and characteristics of orders and planning processes, helping to integrate environmentally...

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The green ideology established in agriculture prevents competitiveness

The extreme green ideology that has settled on European agriculture completely prevents competitiveness and the future of EU agriculture, the Hungarian Minister of Agriculture stated in Brussels on Tuesday. Speaking...

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The producer price of lamb rose by 16-18 percent

According to data from the European Commission, the European Union’s sheep and goat imports (live animals and meat) were 170,000 tons in 2023, which represents a 3.7 percent increase compared...

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Our country is still at the forefront of horseradish cultivation

In addition to the domestic market, there is plenty of high-quality Hungarian horseradish for export. In addition to the well-known – and in great demand during the Easter period –...

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Nestlé launches pair of initiatives to decarbonize cocoa supply chain

The global food company said its new projects aim to reduce and remove more than 500,000 metric tons of carbon during a 20-year period. Nestlé said it is launching two...

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Clinique opens brand store on Amazon

Clinique, an Estee Lauder company, is continuing to expand its digital commerce touchpoints. The cosmetics brand is debuting on the U.S. Amazon Premium Beauty store and is the first of a select...

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Aldi to donate over 500k meals to support charities this Easter

Aldi is donating more than half a million meals to local charities, community groups and food banks throughout the upcoming Easter school holidays. The discount grocer expects almost two-thirds of...

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Declaration of the person in charge of the plant protection activity

The recipients of subsidies provide data on plant protection service activities. The provision of data is mandatory and takes place on the website of the Hungarian State Treasury for submitting...

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European Private Label Awards 2024 – Winners Announced

Retailers from Germany, Italy, France, Spain, Denmark, Finland, Norway, Belgium, the Netherlands, the United Kingdom and Central and Eastern Europe have been named amongst the winners in the 2024 European...

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The eGN data reconciliation with the producers proved successful

 Following the deadline for the submission of the electronic management diary a month ago, Nébih initiated a data reconciliation with the producers until March 14. In order to provide clarifications,...

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What do shoppers say about the new retail tools?

At the beginning of the year, Consumer Panel Hungary GfK–YouGov asked panel members about their online shopping habits, shopping apps and payment methods, and also presented some retail innovations. This article is...

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European governments promote diets with protein alternatives

Several European countries are supporting plant-based and other alternative protein based diets, according to a PLMA International summary. This article is available for reading in Trade magazin 2024/4 In Denmark...

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IGD: Retail media and increased efficiency will be important in 2024

This article sets out to summarise the retail trend predictions of IGD, which outlines five trends that are set to shape the retail market in 2024 and beyond. This article...

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Oatly allowed use of the word “milk” on plant-based drinks packaging

Plant-based brand Oatly has won a High Court case against the UK dairy industry, and can continue to use the word “milk” on the packaging of its products. This article...

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Vertical farming sector could grow to nearly USD 100bn by 2035

A new study by Research Nester suggests that an increased focus on environmentally friendly food production will be the main driver of growth in the global vertical farming market between...

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Vegan activist on Forbes’ prestigious “30 successful Hungarians under 30” list

Raul Vida, the founder of Prove magazine, is the first vegan activist to appear on this year’s “30 successful Hungarians under 30” list by Forbes magazine. A cikk a Trade...

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