News and articles

The concentration is faster, 1,400 less shops

According to Nielsen researches in 20008 December the number of food shops was 19,935, opposite to 2007's year's end result, 21,339 units.   Mainly the number of shops under 50...

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Eco-friendly Tesco introduces itself at Greenexpo

The retailer is exhibitor of Greenexpo from 13-15 March at Papp László Sportarena. The visitors of Ecotesco stand can get to know company's „Tesco for Nature” program. At this place...

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Travel offers by Lidl

The discount retailer sales the domestic and foreigner travels of Austrian Falk Travel.  Till now Lidl sold travels only in Germany and Austria, Hungary is the first East-European country where...

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Hungarian bougth less consumer durables

After a balking year's end in 2007, the trend was unchanged in 2008, the total sales in volume and value was under the previous year's results.   According to GfK...

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HUF 26.5 billion record reveneu at TV2

'This sales result is the best of our history and we are very proude because it combines with high rate of profit' – said Zoltán Várdy, CEO of the TV...

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EU makes bigger steps to protect consumers

Last year 60,000 compaints were lodged to the EU, more than 2,300 legal cases was started because of unfair commercial pratices.   13 March is the European Day dedicated to...

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Sporty sweets

With the economic crisis hitting all of sports, the London Olympics got a financial lift through sponsorship deals with Cadbury and Trident.  London 2012 chief executive Paul Deighton said it...

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P&G's digital summit socially adept

About 40 executives from major social networking companies were invited to P&G’s downtown headquarters to meet with about a hundred P&G marketers to help them unlock the potential of these...

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(HU) Szintentartásra volt elég a tavalyi év

Gross domestic product of Hungary decreased by 2.3 percent in the fourth quarter of 2008 and by 2.5% when adjusted for calendar effects, compared to the corresponding period of the...

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Export fall extremly

In January 2009, according to Hungarian Central Statistical Office's first estimates, exports amounted to HUF 1,172 billion (EUR 4,213 million), while the value of imports reached HUF 1,218 billion (EUR...

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Fressnapf to invest €8.6 million in expansion in Austria

Fressnapf Austria chief executive Heidi Obermeier told the Austrian Times that turnover is expected to top €96 million this year, after reaching €90 million in the last financial year. The...

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Real eyes Ukraine opening

Germany’s leading retailer, Metro Group, plans to open its first Ukrainian hypermarket in August under the Real brand. The new store will be the group’s first retail market in Ukraine,...

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Auchan plans to open six new hypermarkets in Russia

The stores will be opened in Omsk, Samara, St. Petersburg, and Moscow. Documents for two more facilities are awaiting signatures. According to Auchan Russia's member of the Board of Directors...

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Price of seasonal food items grow

In February 2009 consumer prices increased by 1.0% compared to the previous month and rose by 3.0% compared to February 2008. In the first two months of 2009 the average...

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SPAR has excellent business year in 2008

The consolidated revenue of the group grow by 31.53% on year to year basis to HUF 374.17 billion.  The total sales area of SPAR Group increased to 384,817 sqm, it...

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Tesco promisses light choise

Retailer started to sale its Light Choices brand, which offers good quality, but cheap food for healthy eaters.  Tesco offers day to day new retail branded products in Hungary, a...

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Investestment with extra profit

European Conformity Check Ltd. (ECC) helps for companies in food industry to find the right tender for their investion of material assets.  According to Zoltán Csomár, financial director of ECC,...

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Cryovac workshop at Packforum

Sealed Air organises a special 2-day seminar for top management in retail and food processing on 1-2 April. In frame of the event European case studies will be presented by...

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TESCO and Unilever team up to create perfect convenience store

Tesco and consumer goods company Unilever have joined forces to create the perfect convenience store.  For over two years Unilever has been conducting research into how to put together the...

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Lidl sells cars online in Germany

The website will offer the Opel Corsa for just under EUR11,000 and the Volkswagen Cross Polo for EUR14,000.  Schwarz Group-owned discount retailer Lidl has begun selling cars at 25% off...

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Carrefour expands in Bulgaria

French retailer will open its first store in the Black Sea city of Burgas on 26 March.  The store will offer 50,000 SKUs and the strategy of the chain is...

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Asda may move into Ireland

Wal-Mart-owned British retailer is in advanced discussions with an Irish developer over plans to make its first foray into the Republic, the Sunday Business Post in Ireland reported.  It is...

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OBI sponsors a 'preserving the climate' program

The aim of the „Reduce consuming”” program is to publish that the households should use less energy for lighting, heating etc. The program also organises educations.  This year the main...

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Promotions make people active

According to Szonsa Ipsos newest POSTerTEST survey, the promotion ads of retail sector make people more active as the average.  The average activition rate of the outdoor campaigns in 2008...

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5,000 pair fake Nike shoes

The authority arrested the HUF 38 million value goods and took legal proceedings against unkknown person.  The member of Hungarian Customs and Finance Guard controlled a Czech van in Gyula,...

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Metro eyes Russian hypermarkets

German retailer Metro's hypermarket unit Real is seeking acquisitions in eastern Europe, unit head Joel Saveuse told the Financial Times Deutschland paper in an interview.  Saveuse did not say which...

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EU Citizens prefer to shop online in their own countries

Between 2006 and 2008 the percentage of European Union consumers buying at least one item over the Internet increased from 27% to 33%. The proportion of consumers buying online across...

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Pernod Ricard – Cleaning the portfolio

Pernod Ricard announces that it has signed an agreement to sell its cognac brand Bisquit and associated inventories to Distell Group Limited for 31 million euros.  The transaction also includes...

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Tesco plans to convert closed pubs

The retailer is planing to cash in on pub closures by converting them to small town centre stores. Tesco has lodged ten applications for conversion in the last three months...

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