Shopping streets will focus on domestic customers
The pandemic is transforming the offer of shopping and themed streets. In the future the importance of services and product mix with the local market will increase, and the new stores will focus on domestic shopping audience.

Photo: budapest.varosom.hu
Above all, the pandemic has hit the hospitality and accommodation establishments with high tourist traffic the most, while shops selling fashion brands, souvenir shops, but also classic clothing and other retailers, which also build on foreigners, are in big trouble as well. (Vg.hu, Sándor Tünde)
Related news
GKI analysis: margin cap – a lifeline for customers, a shackle for the market
Based on the announcement of Minister Márton Nagy, in March…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >January was surprisingly good for retail
Compared to the weak end of the year, retail sales…
Read more >
More related news >
Related news
Italian Prime Minister Says Trade War Must Be Avoided
The tariff war between the United States and the European…
Read more >Eurozone service industry performance growth accelerated in March
The growth rate of the eurozone’s services sector performance accelerated…
Read more >HUN-REN: Human impact on biodiversity is greater than previously thought
Human impact on biodiversity is even greater than previously thought…
Read more >