News and articles
Retail decreased in Mai
Date: 2008-07-25 00:00:00
According to calendar adjusted data, the volume of retail sales decreased by 1.6% in May, and by 2.4% in the first five months of 2008 compared to prior-year levels. ...
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PepsiCo's Positive Surprise
Date: 2008-07-24 00:00:00
Despite a 1% decline in the Americas beverage business PepsiCo Inc reported that its net income rose to $1.7 billion, in the second quarter that ended June 14, net revenue...
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A Petrol Price War on Supermarket Forecourts
Date: 2008-07-24 00:00:00
Morrisons began by slashing both unleaded and diesel by 4p a litre, Asda responded by cutting up to 3p a litre off both fuels at all its forecourts. The...
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Bester Q2 by Praktiker
Date: 2008-07-24 00:00:00
Praktiker AG. cut its full-year sales growth forecast to a low single-digit percentage from a medium single-digit percentage on the back of slowing European economic growth. Second-quarter net profit...
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Better than expected profit by Whirlpool
Date: 2008-07-24 00:00:00
Home appliances company's second quarter net earnings were $117 million, quarterly revenues were up 5% to $5.08 billion. The company said that net earnings for the quarter reflected challenging macroeconomic...
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Dairy Farmers Plan Demonstrations in August
Date: 2008-07-24 00:00:00
The farmers are discontent with the nowaday's supply price of milk. From year's beginning it droped almost 20%, forexample because of cheap milk prices of the supermarket chains. Dairy...
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Auchan acquires Galerias Primero
Date: 2008-07-24 00:00:00
French privately owned retailer's Spanish unit Sabeco S.A. has agreed to acquire supermarket chain Galerias Primero from Group Nozar and Caja Inmaculada (CAI). The two companies, which are a construction...
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Record food safety warnings from EU
Date: 2008-07-24 00:00:00
According to the annual RASFF report released by the European Commission, a total of 7,354 warnings of risks to human health from food and animal feed were sent to the...
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Danone Seeks 1.63 Bln Euro to Quit Wahaha
Date: 2008-07-23 00:00:00
Groupe Danone is seeking 1.63 billion euro in order to quit its Chinese joint venture with Wahaha. However, Wahaha is only offering 296 million euro for Danone's interest, reports the...
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First of all Parents and Ads Influence Kids' Culinary Habit
Date: 2008-07-23 00:00:00
According to GfK's HealthCare research the questioned health visitors said the culinary practice of 6-14 years old children depends on the family and the advertisments. The research company asked 100...
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Unilever Disposes Bertolli Olive Oil
Date: 2008-07-23 00:00:00
Unilever signed a definitive agreement for the disposal of its Bertolli olive oil and vinegar business with Grupo SOS for a consideration of Euro 630m. The transaction is structured as...
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Toll for rice in Vietnam increase price not only outside of the country
Date: 2008-07-23 00:00:00
After a government decision exporters have to pay USD 30-176 customs per tons. Vietnam has exported 2.54 million tonnes of rice since the start of this year, up two per...
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Retail Sales Up 15% in Russia
Date: 2008-07-23 00:00:00
According to Rosstat, the Federal State Statistics Service in H1 Retail sales in Russia were up 15.2% year-on-year to around $269bn. Sales in June itself were up 13.8% to over...
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REWE to cut CO2 emissions in product chain
Date: 2008-07-23 00:00:00
Rewe Group is taking action by applying its environmental activities to cutting CO2 emissions in the product chain. The German retailer starts a pilote project about decresing carbon footprint together...
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Penny don't Stop its Watermelon Action
Date: 2008-07-23 00:00:00
The company pay HUF 40 pro kilo for suppliers, they guaranted HUF 30 for the growers until 27 July. Penny Market disagrees with the political push to cut the consumer's...
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Arabica Coffee Prices to Rise
Date: 2008-07-23 00:00:00
Arabica coffee futures are expected to rise by the end of the year, boosted by a weak U.S. dollar and the prospect of a cyclically smaller Brazilian crop in 2009/10,...
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Coke to cut marketing spend
Date: 2008-07-23 00:00:00
Coca-Cola is looking reduce its nonconsumer-facing marketing programmes as it aims to save between $400 million and $500 million a year by the end of 2011. Chief executive of...
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Hausbreaking Started in Sugarplant in Szolnok
Date: 2008-07-22 00:00:00
The board of trustees at Mátra Cukor Zrt., belongs to German Nordzucker, announced last year in November, that the company finish the sugar producing in its Szolnok plant.The end of...
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GDA Labels Gaining Ground Throughout Europe
Date: 2008-07-22 00:00:00
European food and drink producers, large and small, are actively implementing a voluntary nutrition labelling system based on Guideline Daily Amounts (GDAs), new, independent research reveals. The representative survey of...
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LGT Show at Coke Club Siofok
Date: 2008-07-22 00:00:00
High quality of music and excellent mood typified the last MTV Icon concert in the Coke Club Siófok. High lights of the Hungarian musicans saluted for LGT's 30 years works....
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Eiscream sales grow in Hungary
Date: 2008-07-22 00:00:00
According to Nielsen Research Retail Index the market of cold sweeties increased in volume and value. The whole market is HUF 17.5 billion. Between June 2007 – Mai 2008 25...
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McDonald's offers year to year more salads
Date: 2008-07-22 00:00:00
The fast food company also populizes the healthy nutrition, with success. According to sales datas guest will eat 2.8 million portion of salads this year. McDonald's offers salads since...
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Feak Shoes in Value of HUF 345 Million
Date: 2008-07-22 00:00:00
11,000 pair of feak NIKE and Canvas shoes were found on a freight train entering to Hungary yesterday by Kelebia. The Customs Office arrested the goods. The train arrived...
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Marks & Spencer Plans Big Spend Into Online Markets
Date: 2008-07-22 00:00:00
One of UK's biggest retailer will spend £450m on IT and technology over the next three years, pushing into international and online markets to ease its reliance on the ailing...
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Kellogg brand extension targets heart health for women
Date: 2008-07-22 00:00:00
US cereal maker Kellogg targets the mushrooming heart healthy market with a new line extension – specifically aimed at women – to its Smart Start range. The firm that...
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12 km Best Wishes by COOP Hungary
Date: 2008-07-22 00:00:00
COOP donates the Hungarian Olympic Team since 1996 and it is seeded sponsor of Hungarian handball and waterpolo team. Employees of COOP collected signatures and best wishes in 1650 settlement...
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The on-line sales of FMCG products is in its infancy in Hungary
Date: 2008-07-21 00:00:00
According to E-Shopping Report 2008 the Hungarian net shoppers buy first of all technical equipments (38%), DVD (36%), movie, theater and airtickets (12%). Only 15% of daily net users bought...
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Praktiker won Superbrand Award
Date: 2008-07-21 00:00:00
The first Praktiker store was opened in 1978 in Luxembourg. Since that company has 427 units in 9 countries. In Hungary Praktiker started in 1998, now 17 stores belongs to...
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M-real Consumer Packaging has launched new fully wet strength label papers
Date: 2008-07-21 00:00:00
Simcastor Label WS, a supercalendered label, and Simcastor Label WSE, a linen embossed label, aimed at the expanding beer and beverage market.Both Simcastor Label WS and Simcastor Label WSE offer...
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Hypermarkets Spirits Small Shops Away
Date: 2008-07-21 00:00:00
The number of small Hungarian settlements without any retail stores doubled in the four years prior to 2007. According to specialist there is a strong concentration on the food...
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