Market News
Nestlé launches pair of initiatives to decarbonize cocoa supply chain
The global food company said its new projects aim to reduce and remove more than 500,000 metric tons of carbon during a 20-year period. Nestlé said it is launching two...
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Clinique opens brand store on Amazon
Clinique, an Estee Lauder company, is continuing to expand its digital commerce touchpoints. The cosmetics brand is debuting on the U.S. Amazon Premium Beauty store and is the first of a select...
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Aldi to donate over 500k meals to support charities this Easter
Aldi is donating more than half a million meals to local charities, community groups and food banks throughout the upcoming Easter school holidays. The discount grocer expects almost two-thirds of...
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Declaration of the person in charge of the plant protection activity
The recipients of subsidies provide data on plant protection service activities. The provision of data is mandatory and takes place on the website of the Hungarian State Treasury for submitting...
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European Private Label Awards 2024 – Winners Announced
Retailers from Germany, Italy, France, Spain, Denmark, Finland, Norway, Belgium, the Netherlands, the United Kingdom and Central and Eastern Europe have been named amongst the winners in the 2024 European...
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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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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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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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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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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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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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Same-day delivery is the desire of Hungarian customers
Among Central European customers, fast home delivery is clearly the preferred solution, most often because something was left out during a previous shopping trip. Hungarians, however, would spend less on...
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Cerbona acquires BOCI, which marks a new chapter in the story of the iconic brand
Nestlé has announced the sales of its BOCI, MELBA and PÁRIZSI KOCKA trademarks to Cerbona (A.R.M. Alba Régia Mercator Ltd.). Nestlé acquired BOCI and the other brands concerned during the...
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It has been revealed which companies will be targeted by NAV inspections in 2024
NAV’s 2024 audit plan already clearly shows which areas the central tax authority will focus on during its tax audits this year. Special attention is given to companies employing a...
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This is what Hungarians are looking for now, according to Árukereső.hu
With the arrival of good weather, interest in products related to leisure activities has increased. The search for related products has increased both in Hungary and in the countries of...
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Generation Z trends
What will young people be doing, wearing and thinking in 2024? – asks Rebecca Stewart in Adweek. She lists three key trends for targeting young consumers. This article is available for...
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Increasing company founding activity in the shadow of rising new procedures
There was a definite increase in the willingness to start a business in February. The number of terminations decreased seasonally. The number of companies has been decreasing for the sixth...
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Aldi to create 5,500 new jobs in the UK this year
In the UK Aldi is creating 5,500 new jobs as it expands in 2024. The discount grocer, who plans to build a network of 1,500 stores in the long run,...
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The jubilee Logistics Yearbook is coming: authors and sponsors are also welcome
The Logistics Yearbook, published by the Hungarian Logistics Association (MLE), has been one of the most prominent annual publications of the Hungarian logistics world for decades. Work has already begun...
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