News and articles
Reopening also costs money, and you can’t get away without special offers
Opening promotions are coming as at Christmas. From March to mid-May, the coronavirus absorbed HUF 450-500 billion. And in a mask, the buyer stays careful for a while. From March...
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The bargaining position of food suppliers is strengthening
After a special retail tax of up to 2.5 percent of annual sales, traders have been given another hurdle: a new measure significantly restricts their freedom to negotiate a purchase...
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Reusable fruit and vegetable bags and silicone lids are already available in SPAR’s entire store network.
In 2019, SPAR introduced several environmentally friendly packaging technology solutions that generate even less disposable plastic waste. One is the reusable fruit and vegetable bag and bakery bag, and the...
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Coca-Cola employees and a corporate fleet help the Hungarian Red Cross in logistics
17,000 slices of chocolate, ten thousand eggs, plenty of diapers, canned food and cooking oil – just a few examples of donations made by Coca-Cola. From the beginning of May...
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MNB: households also became richer in the first quarter
Households’ financial assets increased by 514 billion HUF in the first quarter of this year, which is the most modest amount since the 418 billion HUF in the third quarter...
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Mastercard’s online shopping has surpassed all other forms of spending
Online shopping has surpassed all other forms of spending in recent weeks as a result of the coronavirus pandemic, the demand for virtual experiences has increased, while about 60 percent...
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Numil Kft. stands by parents, patients, the elderly and healthcare professionals
One of Danone’s Hungarian sub-companies, Numil Kft., helps the work of healthcare workers with a special commitment. The Hungarian distributor of foods for special medical purposes is confident that, in...
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The National Chamber of Agricultural Economics postponed the membership fee declaration and payment until the autumn
In view of the state of emergency declared by the government and in accordance with the economic decisions made in connection with it, the national presidency of the National Chamber...
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Global supply chains need to be reassessed when the economy restarts, according to German economists
German economists favor a gradual relaunch of the economy by removing pandemic restrictions, but they stress in a survey of the ifo economic research institute that the role of global...
Read moreA family of bees moved to the Ministry of Agriculture
Minister of Agriculture Nagy István wants to draw attention to the role of bees, the quality of the metropolitan environment and the importance of environmental education with a family of...
Read moreU.S. retail sales fell by a record high in April
In April, retail sales in the United States fell to an unprecedented rate, both compared to the previous month and a year earlier – according to a report by the...
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COVID-19 crisis situation: businesses in the capital do not really have savings
In the best case, the companies in the capital expect a crisis period of another 4 months, according to research conducted by the Budapest Chamber of Commerce and Industry, nevertheless,...
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Mastercard: Contactless payment is catching up all over Europe
The Covid-19 pandemic that has locked down the planet and battered the payments industry is a classic Black Swan. It has taken several hundred thousand lives, plunged the world into...
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Enterprise resiliency: nine areas of focus for COVID-19 crisis management
The global spread of COVID-19 is a humanitarian crisis, first and foremost. But it’s added yet another layer of disruption to the growing list of unexpected challenges facing leaders and...
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Korean retailer launches do-not-disturb shopping service
Lotte Department Store, one of South Korea’s country’s major department-store chain operators, will introduce a do-not-disturb shopping service it dubs ‘shop-alone’. Aimed at customers who do not wish to be...
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Aldi’s partnership with Mental Health UK to support workers
As the coronavirus crisis continues and Mental Health Awareness Week approaches, Aldi has joined forces with charity Mental Health UK to help support its 33,000 staff across the UK who...
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Sainsbury’s expands Chop Chop delivery service to 20 UK cities
Supermarket joins up with courier firm Stuart to make deliveries to homes using bikes Sainsbury’s is taking a bicycle delivery service to 20 cities across the UK in its latest...
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(HU) Wanzl üzletkoncepciók-sorozat 2. rész: Hard Discount
Sorry, this entry is only available in HU....
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SME’s savings will be wiped out by the summer
A survey conducted by K&H Bank in mid-April has revealed: half of the businesses have been moderately impacted by the coronavirus pandemic, but 44 percent of Hungarian SMEs have been...
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Consumers turned a bit more optimistic in May after the catastrophic mood in April
Following the 38-point plunge in April, the GKI consumer confidence index climbed back more than 11 points in May. This means that after the -50 points in April, the index...
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Fundamental changes in consumer behaviour due to the crisis
There were approximately 5,000 participants in the international EY Future Consumer Index survey, which revealed: 42 percent of shoppers think that the current economic and social situation radically changes consumer...
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Print media is growing with the expansion of the media cake
In 2019 the size of the so-called media cake was HUF 245.08 billion, while the communication cake – which includes the media cake too – was HUF 467.96 billion big;...
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X5: New Perekrestok stores in the Volga and Ural regions
Russia’s X5 Retail Group plans to open 21 Perekrestok stores in the Ural and Volga regions, adding about 33,000m² of selling space to its network. The group will acquire long-term...
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Caprabo’s new distribution centre opens in June
Spanish retailer Caprabo has announced: its new distribution centre for fresh produce in Barcelona will start operating in June. The new 24,600m² warehouse will store all the fresh produce the...
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NAK provides strong support at hard times too
Balázs Győrffy, president of the Hungarian Chamber of Agriculture (NAK) talked to us about how the chamber can help the agri-food sector at the time of the coronavirus pandemic. What...
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Brands and trends amidst the pandemic
In this piece, Henkel CEO and BGA Hungary President Ágnes Fábián gives us her account of the previous business year along with some refreshingly personal insights into the current Covid-19...
Read moreLidl ’Veggie Block’ concept extended to more stores
Lidl Switzerland decided to expand its Veggie Block concept to another 140 stores across the country. The Veggie Block is a specially marked shelf dedicated to vegetarian and vegan products;...
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Rema 1000 rolls out packaging made of recycled fishing nets
Denmark’s Rema 1000 has introduced its private label dishwasher cleaner in a new dark green packaging made from recycled fishing nets. The retailer has joined forces with the Danish company Plastix for...
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