Posts From trademagazin

Bonduelle don't supply Intermarché

Intermarché in France has refused to accept price rises of 7.5% for vegetables manufactured by Cassegrain-Bonduelle.  As a result, the brand is temporarily unavailable in Intermarché outlets. Commenting on the...

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This year Maspex Olympos distributes Plusssz

The plusz brand belongs to Maspex Wadovice, the parent company of Hungarian Maspex Olympos. The manufacturing and the product developing remains in Poland, only the distribution will be made by...

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Price in food industry low by 0.5%

Domestic sales prices of industry decreased by 1.3% in November 2008 compared to the previous month and were 10.8% higher than in November 2007.  Export sales prices of industry measured...

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Saxoo to open on new markets

There are 32 Saxoo stores in Hungary and four in Slovakia. But the franchise aims to start expanding in Austria, France and Czech Republic.  Swiss-owned Hungarian “club wear” franchise Saxoo...

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Plus stores will be SPAR supermarkets

From 1th of January started the rebanding of the formel Plus stores.  Spar Hungary singed an agreement for buying 174 Hungarian Plus stores in March 2008. After Bruessel”s green light...

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Next British clothes retail chain in trouble

Adams Childrenswear has closed 111 of its stores in UK. As a result of the closures, 850 members of staff have been made redundant with immediate effect.  Adams blamed the...

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Hungarians are less happy than the European average

The 51-country Nielsen happiness study, which polled 28,153 respondents online in May 2008, found that globally, women are happier than men in 48 of the surveyed countries.  Hungarians are most...

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Winter specialists from Nespresso

Building on its expertise of delivering highest-quality coffees, Nestlé Nespresso S.A. introduced an exclusive collection of fine, luxury sweets for its Hungarian customers.  Nespresso has just introduced the seasonal flavors...

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Germany under negative watch by Coface

Following in the footsteps of France – under negative watch since October 2008, Germany was the last major Western European country to have the best Coface country rating.  Weakened by...

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Asda presents supermarket clinic

Wal-Mart-owned Asda is offering customers blood tests in one of its UK stores in a bid to cut hospital waiting times.  The instore clinic, funded by the Health Service will...

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Danubius sold its London hotel share

The hotel chain bought 25% share of the CP Regents Park Two Limited four years ago for GBP 5.1 million.  Now the parent company of the Danubius, CP Holdings Ltd....

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Marks & Spencer 5.5% sales decreasing

UK retailer Marks & Spencer is expected to report its worst Christmas sales figures for 10 years.  The UK press has reported that the retailer is expected to report like-for-like...

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Pepsi and Beckham Finish the Relationship

PepsiCo Inc said it is ending its endorsement relationship with English soccer star David Beckham after 10 years in a move described as mutual by both sides.  Terms of Beckham's...

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No rice absence to wait

Vietnam could export more than 5 million tonnes of rice in 2009, up at least 6.4 percent from last year, a state-run newspaper said.  In 2008 Vietnam exported 4.72 million...

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Tender for protecting innovation

This special source could pay 45% of the total cost of technology developments. The summ is non-refundable. The aim of the construction is to protect the innovation operation of the...

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ALDI US opens units in NYC

According to a report in the Financial Times, Aldi hopes to open its first store in New York City in the course of 2009, as it continues its steady US...

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Asda cuts prices on 1,000 essential items

The range of reduced items includes 200 health & beauty items, 100 frozen food lines and three-packs of selected fresh meats or bottles of wine.  In the UK, Wal-Mart owned...

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Earnings at U.S. retailers will fall 20 percent in 2009

The International Council of Shopping Centers in New York predicts 73,000 U.S. stores may shut in the first half of 2009 after what may have been the worst holiday-shopping season...

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Global manufacturing PMI fell to new low

The PMI for Eurozone manufacturing sector fell to 33.9 in December from 35.6 in November. The current reading was the lowest since 1998, when the survey started.  The Purchasing Managers...

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NO Sunday shopping in Croatia

Retailers complain the new law will adversely affect the economy, forcing layoff and shop closings. They want a repealing of the new law.  The law was passed Dec 30 after...

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Extrem big Christmas Shopping

December retail sales in Hungary may exceed HUF 900 million, the biggest collective Christmas spending spree for the nation ever.  According to National Retail Association Secretary György Vámos this year...

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Year of liquidations comes?

Last year 11,504 firms were liquidated, only in the last quarter more than 3,400.  According to Opten Informatic Ltd. the year 2009 will be worse, because the Hungarian SMEs has...

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Goverment doubled the state support by Széchenyi Card

The states supported credit facility provides micro-, small- and medium enterprises. In 2002 VOSZ (National Organization of Entrepreneurs and Employers ) and MKIK (Hungarian Chamber of Commerce and Industry )...

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Award for Coca-Cola HBC's healthcare program

The drink giant started its „Weak up your body!' program in 2006, the aim was to popularise the healthy life style and help employees to protect their healthy.  The American...

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Pay-as-you-go computing by Microsoft

Microsoft is trying to patent a method that lets users pay for software and hardware based on how much they use.  The method tracks hardware usage of disk storage space,...

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Optimistic COOP leaders in Switzerland

The Swiss retailer expects the company to grow by between 2% and 3% over 2009.  The CEO of Swiss retailer Coop, Hansueli Loosli, is positive about the company’s performance in...

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MOL expands its petrolstation chain in Austria

Hungarian petrol company MOL has signed a deal to acquire 26 gas stations in Austria from Italian fuel retailer ENI in exchange for 10 of its own stations in Romania....

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ALDI plans to expand in US

Germany-based Aldi is looking to grow its portfolio of stores in Memphis in the US.  The discount retailer recently purchased a site in Collierville for USD1 million where it will...

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KFC opens 200th Store in Beijing

The company had earlier announced that it plans to open 500 KFC stores in China in 2009.  In China, Yum! Brands-owned Kentucky Fried Chicken (KFC) has opened its 200th store...

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Russian retailers are cautious about new store openings

The most chain is thinking in smaller shops againt big hypermarkets.  Leading Russian retail chains have become more cautious about opening new stores and many companies have abandoned high-cost projects....

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