News and articles

Amazon has two-pronged response to Seattle coronavirus outbreak

Amazon is creating a $5 million Neighborhood Small Business Relief Fund to provide cash grants to small businesses in Seattle that need assistance dealing with the impact of COVID-19. The...

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Lidl reveals plans to open first pub at new Dundonald supermarket

German discounter Lidl has confirmed plans to open its first pub on the island of Ireland in one of its supermarkets in the north. The grocery chain has submitted a...

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Walmart establishes emergency leave policy after associate tests positive for coronavirus in Kentucky

Employees will receive two weeks pay if they are under quarantine or their region is under quarantine Walmart, the nation’s largest retailer and employer of 1.4 million hourly workers, on...

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Magazine: The world economy in 2020

Euromonitor International’s Global Economy in 2020 study reveals that forecasts downgraded the global GDP’s annual growth to 2.9 percent for 2019 and 3.1 percent for 2020. Emerging and developing economies...

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GKI: Domestic online retail sales grew 16 percent last year

Domestic e-retail achieved gross annual sales of 625 billion HUF last year, which is about 16 percent higher than in 2018. Online sales represent 6.3 percent of total retail sales...

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Hungarians three times more easily bow to errors in goods ordered online than the European average

If there is a quality problem when shopping online, 89 percent of the consumers in Europe try to claim at least one refund or refund and only 6 percent leave...

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Cofidis is steadily increasing the number of people seeking personal loans

The number of people applying for a personal loan is constantly increasing: in the last year, 10 percent of the Hungarian adult population (18-65 years) took out personal loans and...

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New risk factors have emerged in the agricultural sector

New, hard-to-model risk factors have emerged in the global agricultural sector, such as the intensification of climate awareness, rapid changes in consumer habits, or the US-China trade war. In Hungary,...

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Tokaji March Great Tasting in Budapest

Almost sixty Tokaj-Hegyalja wineries await the audience with about 160 wines, with a separate Aszú hall and mini-courses at the Corinthia Hotel in Budapest on the Tokaj March Great Tasting...

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This year’s Grand Prix for Value and Quality application has been announced

The competition for this year’s Value and Quality Award covers almost the entire economy, with entries for more than 100 of the top 40 products and services across the Carpathian...

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It is much harder to save in the countryside than in Budapest

In Budapest, 29 percent of respondents said they could not regularly set aside their income, while in rural Hungarian cities this ratio is 31 percent and in small settlements 43...

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LogMeIn Hungary: We are taking our share of the fight against the coronavirus

Since its inception, LogMeIn has been working on tools to support people working regardless of location, according to the company’s press release. “We believe that in the coming years, a...

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Opten had 20 percent more cancellations in February than start-ups

In February, the number of cancellations was 20 percent higher than start-ups, with 3,808 company deletions announced with 2580 start-ups, but the decline in the number of companies seems to...

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Consumer prices in the United States rose faster than expected

Consumer prices in the United States have risen steadily, more than expected, in February, but prices may fall in the coming months as demand for certain products and services declines...

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The euro area economy is performing poorly

In the fourth quarter of last year and in 2019 as a whole, gross domestic product growth in the euro area has been the smallest since 2013 – according to...

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The tomato virus also appeared in France

A tomato virus has been found on a farm in western Bretagne, the westernmost region of France – blog.syngenta.hu wrote. The French Minister of Agriculture, Didier Guillaume, who added the...

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Dunnhumby: Even closer to consumers than before

Two years ago dunnhumby launched its media branch, and since then the company implemented nearly 2,000 in-store and online campaigns in Central Europe. Fruzsina Kis, media planner for dunnhumby Hungary...

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Chatbots at Nestle: Improving Performance on Intent Detection

Nestlé built its first chatbot in 2016 with the rise of Artificial Intelligence and particularly Machine Learning and Natural Language Processing. Brands are currently using chatbots to communicate with consumers...

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(HU) Laktózmentes mozzarella az ALDI kínálatában

Sorry, this entry is only available in HU....

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Iceland Reduces Plastic Use In By 29% In Two Years

UK retailer Iceland has announced that it has cut the use of plastics in the packaging of its store-brand products by 29%, two years after vowing to remove plastics completely...

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Pepsi To Buy Energy Drink Maker Rockstar For $3.85bn

PepsiCo Inc said on Wednesday it would buy Rockstar Energy Beverages for $3.85 billion (€3.39 billion), in the soda giant’s biggest push into the energy drinks market, where larger rival...

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Chinese Farmers Dodge Coronavirus And Go Online For Spring Seeds And Supplies

Many Chinese farmers are shopping online for vital supplies as the spring planting season gets under way and the coronavirus outbreak disrupts traditional supply chains, providing a huge boost to...

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Magazine: They believe in the system

Dr Mihály Kupai, a member of BENU’s board of directors believes that the perspectives of franchise in general are good in Hungary in 2020. With the economy vitalising and the...

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(HU) Hazánk legnagyobb pálinka bemutatóját szervezik

Sorry, this entry is only available in HU....

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Nielsen: sugar turnover tripled

The value of international retail chains increased by 25 percent in value due to fears of the COVID-19 coronavirus between February 24 and March 1, 2020. According to scanned data...

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SPAR is preparing for Easter with over 230 tons of tied ham

In addition to the traditionally rich selection of products, the company is also offering more new products, meat products and sweets for this year’s celebration through continuous product improvements that...

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Nébih has published a plan for the eradication of African swine fever in Hungary

Hungary’s plan for the eradication of African swine fever has been renewed, including several changes to the compensation process – according to the website of the National Food Chain Safety...

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Dreher 24 has a new brand manager

From this year Fekete Gergely will be responsible for branding the Dreher non-alcoholic product line, Dreher 24. The young professional has strengthened the marketing teams of several popular brands, Vodafone,...

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The export surplus increased in January

In January, exports rose 2.8 percent in euro terms and imports grew 2.4 percent year-on-year. The surplus on the balance sheet increased by 49 million euros to 433 million euros,...

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Eipl Vilmos became Coca-Cola’s connection manager

From March, Eipl Vilmos will continue his career as Regional Connection Manager for Coca-Cola in Hungary, the Czech Republic and Slovakia. The media specialist for the past five years has...

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