Hypermarkets by the border will not repeat last year's performance due to the stronger HUF
According to the survey of Nielsen; the market share of hypermarkets decreased in terms of food, cosmetics and household chemicals, in the first half of the year.
The share of hypermarkets decreased by 1-1 percentage points in both product groups, 31 percent of foodstuffs, and 38 percent of household chemicals and cosmetics. An important reason for the reduction, that the customers of the neighboring countries boosted the turnover of hypermarkets, due to the weakening forint. This year, however, the number of foreign buyers decreased, due to the stronger forint – reports Világgazdaság Online.
Related news
Related news
KSH: retail turnover in August exceeded the same period of the previous year by 2.4 percent and the previous month by 0.8 percent
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >NGM: purchasing power is increasing, retail trade is expanding – family tax cuts and food vouchers for pensioners are further strengthening turnover
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >K&H Analyst Commentary: There is still room for expansion in Hungarian stores
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >