Company and Personal News

Tesco to open new department store in Czech Republic

According to Retail Week the new store to open at the end of February in Liberec, will carry a mix of fashion, home furnishings and food.  The department store will...

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CSR by price cut

The retailer Mercator is adjusting its price policy, permanently lowering the prices of 2,800 products.  The reductions cover products purchased by households for everyday use. The company has said that...

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Lidl adds stores and premium products in UK

The discount chain is extending its product range to 2,000 SKUs and now includes a new deluxe premium range. Lidl plans to add 50 stores in the UK this year,...

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Cimsec donation to Bokay Foundation

Henkel Hungary gave HUF 1.3 million support for buying a diagnostic equipment, which could help against cradle death.  The company collected more than HUF 1 million from selling CIMSEC products...

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Kaufland expands aggressively in northern Germany

It is rumoured, that Schwarz Group acquiring Famila hypermarkets from Bünting and Bartels-Langness in the future.  According to Lebensmittel Zeitung, Schwarz Group’s Kaufland is planning 70 additional hypermarkets and a...

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Kellogg reports profit grow by 3 million US in Q4

For the year-ending quarter, profit rose to $179m , compared to $176m last year. The company estimated that it lost 1 percentage point of market share in the US cereal...

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Sales of Bertolli help Unilever's net profit

Unilever has reported a 51% rise in net profit to EUR1.2bn for the fourth quarter of 2008, boosted by the sale of its Bertolli brand for EUR630m.  The consumer goods...

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Happy Meal serves knowledge

From January McDonald's started an education marketing campaign for Happy Meal. After last years 'Did you know?' campaing in 2009 the fast food chain spurs on exploring the world around...

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Aranyfácán plans to expand production

In spite of the agricultural sales problems last years, there was no scandal on tomato front. The grower and processors work together in harmony, the supply price is since many...

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Metro to expand private label range

Metro has 24 private labels comprising around 800 products. The private labels account for around 7% of the chain’s portfolio, but the share will grow to around 10% in the...

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Carrefour France to hire 15,000 workers

Despite a downward revision of its results and replacement of José Luis Duran by Lars Olofsson as CEO, Carrefour will maintain its workforce levels in France.  Carrefour has announced plans...

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SPAR Danmark acquires 100 stores

Danish retailer SPAR Danmark has acquired 100 stores in its purchase of Danske Köbmaend by holding company Dagrofa.  The deal means that SPAR Danmark’s turnover will increase by USD 209.61million....

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Aldi accused of human rights violations

German discount chain Aldi is reported to violate labour and human rights of Chinese staff that produce promotional goods for the company.  A study by the German Südwind institute claimed...

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Wal-Mart sales increase in January

Same-store sales excluding petrol at the country's largest retailer rose 2.1% last month, more than the 1.1% gain expected by Wall Street specialists.  Like supermarkets in the UK, Wal-Mart said...

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Polish CEO for Tchibo Budapest

Since January, Andrzej Jackiewicz (41) has been the new CEO of the Hungarian Tchibo subsidiary. Apart from strategic expansion, retail and wholesale, he is also responsible for the recently opened...

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Modernised METRO stores more customer-friendly

The average size of stores belonging to Metro Kereskedelmi Kft in Hungary is 8,000 square meters. At the end of 2008, the total number of Metro stores was 13, with...

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Nestlé moving

Nestlé Hungária is to relocate its offices in April. They have signed a rental agreement for 3,890 square meters in the Millennium Tower II building, owned by Tri-Gránit Zrt....

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SPAR completing largest acquisition in the sector

According to Zsuzsa Laber, communications director of SPAR Magyarország Kft, sales targets were met in 2008, though precise figures are not available yet. SPAR completed the largest acquisition in the...

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New head of sector in GfK Hungária

Steigervald Krisztián was appointed sector manager of consumer goods in GfK Hungária on 1. January 2009. He had joined GfK Hungária in 2003 and has been heading qualitative research successfully...

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More “green” Tescos

According to Mónika Hackl, communications director of Tesco Globál Zrt, the balance sheet has not been completed yet, but it is certain that results will be below target figures. However,...

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New CEO for Friesland Hungária

Johan Priem was appointed the new CEO of Friesland Hungária Zrt in January. After working in several positions for British American Tobacco in Europe, Africa and Asia, he joined the...

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Kinder Hűtött Finomságok

The advertising spot made for Kinder Hűtött Finomságok focuses on the essence: it shows us that packaging has value because it can be exchanged for gifts. Agency: Consulting Kft./Well Reklámügynökség...

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For rubbing as well as drinking

The „Vizek krémje“ collection is intended by Szentkirályi to enhance its position in the beauty market. The hand cream and body lotion developed jointly with EVM Zrt and launched in...

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Kis tejes

The Kis tejes product line has arrived in Hungary! This is why Kistehén, a friend of Kis tejes is showing her around the country in her own style. Agency: Popart...

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Help from Tesco for people in need

A substantial quantity of clothing was distributed by Tesco through several charitable and social organisations in December. A total of 150 palettes of clothing worth HUF 60 million was donated...

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Who is who?

Peter Linzbach: Following a long period spent with the Otto group, he joined Metro eleven years ago as the purchasing director of the Cash&Carry sector. He has been working in...

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Stores opening

Tesco, Balassagyarmat Open: 5 December Chain: Tesco Store space: 3000 m2 SKU: 22 000 Coop, Rákócziújfalu Open: 4 December Chain: Coop Store space: 2800 m2 SKU: n. a. Tesco, Ócsa...

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News

Edeka creating 8000 new jobs this year. the German discount chain intends to boost its market share to 30 percent by opening 1,000 new stores by 2010. At present, Edeka...

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Munich no match for the Amsterdam PLMA yet

Several events are organised by the Private Label Manufacturers Association every year where manufacturers get an opportunity to do business with retail chains. Among these, the exhibition held in Amsterdam...

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Stability and development by Magyar Cukor

Though Hungary has become a net importer of sugar, Koronás Cukor, the leading local brand continues to be manufactured in the Kaposvár plant. The only remaining Hungarian manufacturer, Magyar Cukor...

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