News and articles
Above-average food price increase in May
Consumer prices were 3.9 percent higher in May 2019 than in May 2018. Food prices jumped 5.6 percent. Seasonal product prices (potatoes, fresh fruits and vegetables) grew by 15.2 percent....
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April produced an 8.5-percent growth in retail sales
In April 2019 like-for-like retail volume sales grew by 8.5 percent; adjusted for calendar effects, the sales growth was 7.1 percent – reported the Central Statistical Office (KSH). Food and...
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The Hungarian purchasing power growth rate was generally higher than the European average
Back in 2006 the per capita purchasing power of Hungarian consumers was EUR 5,462, which grew to EUR 6,654 by 2018 – informs a GfK study. This sum is about...
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KMV and PepsiCo’s joint venture: acquisition in Serbia
Karlovarské minerální vody (KMV) and PepsiCo Inc. is buying Serbian mineral water and soft drink company Knjaz Miloš through a joint venture. The acquisition involves buying the production facilities and the...
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Commercial promotes Hungarian Product
Hungarian Product Nonprofit Kft. started a campaign in social media to popularise trademark-using products. Managing director Eszter Benedek told: the commercial will show consumers how much those products mean to us...
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Bloggers riding their bikes to visit trademark users
Hungarian Product is launching a social media campaign, called ‘Hungary on Two Wheels’, which popularises the products using the trademark. As part of this initiative, in July two young bloggers...
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Big weekly shop: more people do it online
Online FMCG sales increased by approximately 20 percent and reached the annual value of HUF 41 billion – informed eMAG. This growth rate was the fastest in the net HUF...
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Ecommerce Hungary to introduce a trademark
Seeking to motivate the e-commerce sector for a fair market conduct and to increase consumer trust, Ecommerce Hungary plans to introduce a trademark system, called Ecommerce Hungary Trustmark. The programme...
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Two thirds of Hungarians are looking forward to new innovations in banking services
Mastercard commissioned TNS Kantar with conducting an 11-market survey on Digital Banking, which revealed that 6 from 7 people use a digital banking service at least once a month, and...
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Nearly 5.4 million online shoppers in Hungary
An eNET online survey conducted in April 2019 found that 91 percent of Hungarian internet users, 5.4 million people, already bought something online minimum once in the last 12 months....
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Beyond Burger: only in Lidl stores in Germany
Beyond Meat’s worldwide success, a vegan burger called Beyond Burger has been available to German consumers since 29 May. It is exclusive to Lidl stores but only as a promotional...
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Coles offers new health food range at affordable prices
Australian supermarket chain Coles is branching out into the booming health foods industry with a new brand: the 28 products target clean-eating consumers. Coles says more than 40 percent of...
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Blood orange Fanta from local sources
Coca-Cola’s new, limited edition ‘Fanta Aranciata Rossa Zero Zuccheri’, is made with ‘Arancia Rossa di Sicilia IGP’ locally-sourced red oranges. According to Coca-Cola, Fanta Aranciata Rossa represents a tribute to...
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Beiersdorf buys the Coppertone brand from Bayer
Beiersdorf buys the Coppertone business from Bayer; the price of Coppertone is USD 550 million. Founded in 1944, Coppertone was the first sun care brand launched in the USA. With the acquisition...
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Mondelēz International recognises planet-supporting startups
Mondelēz International’s global innovation and venture hub, SnackFutures, has honoured two startups for their ‘innovative snacking solutions to help support a healthier planet’ – it was announced at the Seeds & Chips...
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REWE starts selling uncpackaged organic fruits and vegetables
German retailer REWE has decided to remove plastic from select fruit and vegetable categories in 630 of its supermarkets, in a move that will reduce plastic usage by 60,000 kilograms a year....
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Postal services in Swiss Migros stores
Swiss retailer Migros and Swiss Post have entered into a partnership that will enable shoppers to send and receive parcels at around 300 selected Migros branches throughout Switzerland. This step also makes...
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Nespresso helps coffee farmers in a difficult situation
Nestlé’s Nespresso brand has launched ‘Reviving Origins’: it is a new programme aimed at restoring coffee farming in regions where it is under threat. Using its AAA Sustainable Quality programme, Nespresso is...
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Tesco competes with discounters via its Jack’s products
Tesco has started selling Jack’s branded products in its supermarkets for the first time, trying to compete with discounters Aldi and Lidl. Tesco has worked with its suppliers to produce...
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New Amazon Go store in New York
Amazon has expanded its checkout-free small store format in Manhattan. One month after Amazon Go’s debut in New York, the retailer has opened a store on Park Avenue. Next up...
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Algae-based skin care brand from Unilever
Unilever has agreed to buy skin care brand Tatcha, which makes creams using green tea, rice and algae, seeking to ride a wave of demand for Asian-influenced cosmetics. Tatcha was founded...
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Kohl’s closes discount stores
On 3 August Kohl’s Corp. will close its Off/Aisle by Kohl’s discount stores. It was in May 2015 that Kohl’s debuted the off-price format, which was designed to sell deeply discounted merchandise...
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Export success requires patience and perseverance
The Törley Sparkling Wine Cellar was the venue of the Agóra conference titled ‘Sales without Borders’, organised by KNK PR & Média for the Hungarian Product Nonprofit Kft. Participants were discussing...
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(HU) KERÜLJÖN A CSR ÉLVONALÁBA! – Pályázzon a CSR Hungary Díjra!
Sorry, this entry is only available in HU....
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The new INTERSPAR store in Tata satisfies all customer needs
SPAR Magyarország has opened its 34th hypermarket, which utilises the latest eco-friendly technological solutions. Then new 5,200m² store is situated at the place of the former Tata Athletics Club and...
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Digital – in the summer too
The last POPAI meeting before the summer break took place at the Unilever Hungary headquarters on 20 June. Customer marketing leader Tibor Veress was the host, and he gave an insight...
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An opportunity missed
Which is the place where the most decisions are made in a fashion store? In the fitting room! The website Inside Retail Asia published survey results in connection with this topic....
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The influence of executive branding on the results of a company
A recent survey (Weber Shandwick, in partnership with KRC Research, The CEO Reputation Premium: Gaining Advantage in the Engagement Era), conducted with the participation of 1,700 executives on executive branding...
Read moreSzázadvég: economic growth may even reach 5 percent
The Századvég Economic Research Co. has improved its growth expectations, and in favorable cases it is also not excluded that it will approach or even reach the 5 percent growth...
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The melon season starts with a smaller domestic supply
A larger amount of domestic melons are expected to be marketed from 1 July. The watermelon harvest can begin at the end of the week, early next week, so a...
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