Market News
The eGN data reconciliation with the producers proved successful
Following the deadline for the submission of the electronic management diary a month ago, Nébih initiated a data reconciliation with the producers until March 14. In order to provide clarifications,...
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What do shoppers say about the new retail tools?
At the beginning of the year, Consumer Panel Hungary GfK–YouGov asked panel members about their online shopping habits, shopping apps and payment methods, and also presented some retail innovations. This article is...
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IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions of IGD, which outlines five trends that are set to shape the retail market in 2024 and beyond. This article...
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Oatly allowed use of the word “milk” on plant-based drinks packaging
Plant-based brand Oatly has won a High Court case against the UK dairy industry, and can continue to use the word “milk” on the packaging of its products. This article...
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Vertical farming sector could grow to nearly USD 100bn by 2035
A new study by Research Nester suggests that an increased focus on environmentally friendly food production will be the main driver of growth in the global vertical farming market between...
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Vegan activist on Forbes’ prestigious “30 successful Hungarians under 30” list
Raul Vida, the founder of Prove magazine, is the first vegan activist to appear on this year’s “30 successful Hungarians under 30” list by Forbes magazine. A cikk a Trade...
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Vegan Food Group acquires Germany’s TofuTown
In its largest acquisition to date, Vegan Food Group has bought German organic meat producer TofuTown, making it a key player in the European plant-based market. This article is available...
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Tesco: second phase of growth in “plant-based products”
British supermarket Tesco has reported a second wave of demand for plant-based foods after a sales drop last year. This article is available for reading in Trade magazin 2024/4 According...
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Breakfast cereal buyers are looking for new flavours and healthy products
According to the Hungarian Chamber of Agriculture (NAK), consumers are looking for new flavours and various “free-from” products are becoming increasingly important. This article is available for reading in Trade magazin...
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What will you be eating tomorrow?
Plant-Powered Perspectives is a business conference, which took place for the third time last year at the METRO Gastro Academy, and it is also Hungary’s premier plant-based food event. This...
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New momentum
The US branch of Shop! started the year with a renewal of its board and committees. This article is available for reading in Trade magazin 2024/2-3 Three of the 5...
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GKI expects slower growth, higher inflation and a larger public budget deficit than the government thought
The Hungarian economy entered a protracted recession in 2023, while inflation decreased significantly by the end of the year. There was a very favorable turn in the external balance, but...
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Where next for Student Design?
In the morning of 5 March, there was a POPAI international meeting in pavilion A of the Sirha Budapest 2024 trade fair, where participants discussed the possibilities of expanding the...
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Rossmann takes another step towards a more sustainable future
In order to reduce its environmental footprint, Rossmann Magyarország will no longer issue Rossmann+ plastic cards. This article is available for reading in Trade magazin 2024/4 Registered customers can continue...
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Twenty years in the EU: how has Hungarian consumption changed?
On 1 May 2004 ten new member states joined the European Union, including Hungary. In connection with this, GKI has examined how the consumption of the population changed during the...
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Cheaper eggs at Easter than last year
According to data by the Central Statistical Office (KSH), Hungary bought 1% more shell eggs (32.7 thousand tonnes), including nearly 17% more fresh eggs (17.8 thousand tonnes) from the international...
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Kroger-Albertsons mega-merger at risk
The US Federal Trade Commission (FTC) is opposing the controversial merger of the supermarket chains Kroger and Albertsons, fearing it will lead to higher prices for consumers and worse working...
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Eleven new stores to back Mercadona’s growth in Portugal
Spanish retailer Mercadona plans to open 11 new stores in Portugal in 2024, increasing its presence in the country. The expansion would bring the chain’s total number of stores to...
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Eroski extends discount programme for large families
Spanish retailer Eroski has announced that it is expanding its discount programme for large families to another seven stores. The group launched the support programme more than 19 years ago...
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UEFA and Just Eat Takeaway extend partnership
Just Eat Takeaway has extended its partnership with the UEFA Champions League, the UEFA Europa League and the UEFA European Conference League until 2027. As a result of this, Just...
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Tesco: dedicated menopause section in the UK
In the United Kingdom Tesco is testing a menopause section: it is marking menopause-relevant products with the world’s first universal symbol, the M-tick, both online and offline. From 7 February...
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Alcampo’s private label range grew by 5% last year
Spanish hyper- and supermarket chain Alcampo launched around 281 private label food, drug and perfume products last year, which meant a 5% rise in its private label assortment compared to...
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Bigger private label product selection in Spanish Makro stores
More than 400 private label items have been introduced by Makro Spain in the 2022-2023 fiscal year. The company already offers over 6,000 SKUs under its Makro Chef/Metro Chef, Professional,...
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Dia earmarks EUR 150m for promotion in 2024
Spain’s Dia is earmarking EUR 150m for promotion and discounting in 2024. As part of this, the retailer will make weekly offers on more than 200 products, on which Club...
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Barbora closes its Polish operations
Online retailer Barbora – a member of the Maxima Group – ceased operations in Poland as of 3 March 2024. The company entered the country in 2021 and offered grocery...
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The supply of eggs will be plentiful, according to professional organizations
There will be an abundant supply of eggs in the shops at Easter, but there can be big differences in prices, according to the overview of the National Chamber of...
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Cocoa and sugar price increases: what can we expect in stores before Easter?
In recent months, the price of cocoa and sugar on the international markets has risen significantly, the main reason for which is the problems occurring in the production areas, say...
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The prices of Easter hit items vary widely
As the holidays approached, preparations for Easter began, and store shelves were already covered with products typical of the holiday season. Of course, in addition to ham, smoked knuckles, pre-packaged...
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Sustainability in food safety is a growing challenge
The Ministry of Agriculture gives priority to the relationship between food packaging and sustainability, because we have a responsibility to the younger generation – said Dr. Beáta Olga Felkai, Deputy...
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