Company and Personal News
The revenue of the Bonafarm Group grew last year
According to the not yet audited results, the revenues of the Bonafarm Group, together with its strategic partners, increased to 266 billion forints last year, from the previous year’s 202...
Read moreAldi reduces the use of plastic packaging in its stores
The Aldi Magyarország Élelmiszer Bt. reduces the use of plastic packaging in its stores. The company in its announcement sent to MTI told that the company will use 100 percent...
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The first Hungarian gin distilerry has opened
The Első Magyar Gin Manufaktúra Zrt. started its operation with about 75 million HUF own investments in Újpest. The main product of the distilerry is Opera Gin Budapest – privatbankar.hu...
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L’Oréal Named as One of the World’s Most Ethical Companies by the Ethisphere Institute
L’Oréal, the world’s leading beauty company, has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. L’Oréal has been recognized...
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ALDI is building a new business
Aldi has a network of over 130 stores in Hungary. The German discount chain is building a new store in Naphegy, in the 1st district of Budapest, a few hundred...
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The new flavors of FUZETEA to debut in Hungary
FUZETEA debuts in Hungary with two new variants: the oolong ice tea grape-lychee and the green ice tea pomegranate-asai will come in the spring, with the recommendation of the team...
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Magazine: Nielsen’s new CEO interviewed: ‘Brave retailers took risks’
David Kenny was appointed the CEO of Nielsen last November. He gave one of his first interviews to a Canadian FMCG retail trade magazine, Canadian Grocer. –The face of retail...
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Amazon launches livestream product presentation platform
Amazon has launched an online platform, Amazon Live, which allows sellers to livestream videos showcasing their products. By using the Amazon Live Creator app, Amazon enables brands to livestream directly...
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Continente expands private label product selection
Portuguese retailer Continente has expanded their assortment of healthy snacking and convenience products under its private label brand. Continente has also enlarged its Bio range, with the introduction of vegan...
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Refresco acquires Cott’s drink concentrate manufacturing business
Soft drinks bottling company Refresco has announced buying Cott’s concentrate manufacturing business that supplies 70 bottling companies all over the world. Last January the company already acquired Cott’s bottling business....
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‘Je Suis Vert’: Monoprix launches eco-friendly cleaning products
French retailer Monoprix has put a new eco-friendly brand on the market: ‘Je Suis Vert’ is a range of home care products, including detergents, household cleaners and dishwashing products. Products...
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Canada’s Saputo paid 1.3 billion dollars for British company Dairy Crest
Canada’s biggest milk processing company Saputo Inc. has agreed to buy Dairy Crest Group Plc. for USD 1.3 billion. With this move Saputo gains a foothold in Europe just months...
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Esselunga develops new private label for children
Italian supermarket chain Esselunga has launched CheJoy, a new private label line of products developed in cooperation with the Walt Disney Company Italia. The new CheJoy line is aimed at...
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SPAR to open new stores in Spain
SPAR has announced opening new stores in Spain with partners Fragadis, Roges Supermercats and SPAR Gran Canaria. The goal with this move is strengthening SPAR’s position in the Spanish market. The new stores range...
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Iceland eyeing up Sainsbury’s and Asda stores
Frozen foods retailer Iceland is said to be considering a bid for any stores that Sainsbury’s and Asda are required to sell, once their high-profile merger has been completed –...
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Frostkrone Group buys US company Rite Stuff Foods
Finger food specialist Frostkrone Group has acquired Idaho-based potato snack maker Rite Stuff Foods, Inc. The move will help the snacking giant to expand its product offering in the US...
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Illycaffè is not for sale, but they would welcome new investors
Premium coffee maker Illycaffè may bring new investors on board in the medium term, but the founding family wants to keep control of the business – informed CEO Massimiliano Pogliani....
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Müller Milk: 100-million-pound programme to transform the fresh milk business
Britain’s Müller Milk & Ingredients has announced a GBP 100-million cost and margin improvement programme – Project Darwin – that will transform its business in a way that benefits consumers, employees and...
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Aldi: new discount offer strategy and distribution centre in the UK
In Germany, Aldi Nord and Sud will be offering branded products at reduced prices from their permanent ranges. Aldi used to limit these offers to temporary listed products or brands....
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Co-op starts franchise recruitment programme
In the United Kingdom Co-op has announced plans to develop franchise stores – this is the first time the retailer has licensed its brand to independent retailers. Co-op is set to...
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Lidl helps parents by introducing shopping trolleys for kids
Lidl is introducing mini trolleys for children in its stores. These trolleys were designed to help keep children engaged while mums and dads do the weekly grocery shop – informed Lidl UK’s...
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Tilray and Authentic Brands develop cannabis-infused products
The owner of Nine West shoes and Juicy Couture makeup has signed a deal with Canadian marijuana company Tilray, looking at developing cannabis-infused foot creams, cosmetics and other products. Tilray...
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Casino sells catering business to Compass
French supermarket retailer Casino announced that it had agreed to sell its contract catering business ‘R2C’ to Britain’s Compass. The deal, which one source said was worth EUR 25-30 million,...
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Pilot online shop from Metro in Moscow
Retail chain Metro and delivery service Instamart have launched a pilot online store for Moscow and the Moscow region. From 26 February customers from Moscow and several districts of the...
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Jet.com partners with Fulton Fish Market
Jet.com launched City Grocery last autumn and the business now features the Fulton Fish Market – a New York landmark. Jet has begun offering customers fresh seafood through the famous...
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Investigation against Amazon in Austria
Austria’s competition authority has begun investigating whether Amazon is exploiting its market dominance in relation to other retailers that use its website as a marketplace. There is a suspicion that...
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Plus puts ‘animal-friendly’ smoked chicken sausage on the market
Dutch retailer Plus announced that it had introduced a new range of smoked chicken sausages that bear the ‘Beter Leven’ certification. The new product, Gijs fresh chicken smoked sausage, is...
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Tesco: thousands fewer fresh food counter jobs?
According to industry sources, Tesco may reduce the number of fresh food counter jobs by about 15,000 in 732 stores. This would be the result of closing in-store meat, fish...
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CVS Health debuts new store design
CVS Health has unveiled its new health-focused concept store that is designed to help the pharmacy chain become something like a healthcare service provider. The three new pilot stores in...
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