Market News
Vanilla: treasure from a one-day miracle
Key elements of ecological vanilla cultivation Growing in partial shade: vanilla orchids flourish well in partial shade, so they don’t need a lot of water. What is more, the risk...
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Old and new pillars
This year EuroShop took place between 26 February and 2 March, and the trade fair was the biggest Retail and POP themed event in the world, too. This is also...
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Representatives of the POP industry come together again
EuroShop is organised in Düsseldorf every third year, and this trade show is also important in the life of the POPAI and Shop! Association organisations because of the personal meetings,...
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Instead of fewer workers, lower costs is the way to go
CEOs are the most pessimistic in Hungary PwC published the results of its 12th Hungarian CEO survey on 8 February 2023. The research was conducted with personal interviews between October...
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There is no economising when it comes to the health of children!
During the Covid period parents purchased more vitamins for their children. In the past classic multivitamins used to be the most popular, but today special combinations with vitamin D, vitamin...
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Nearly 5% contraction in FMCG sales in January
The Central Statistical Office (KSH) has reported: like-for-like retail volume sales were down 3.9% in January 2023; adjusted for calendar effects, the sales drop was 4.5%. Grocery stores saw their...
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Egg’s price more than doubled in one year
Data from the Market Price Information System (PÁIR) of the Research Institute of Agricultural Economics (AKI) reveals: the price of eggs from caged hens (size M and L) was HUF...
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Association of egg producers: there will be no shortage of eggs in the coming days either
There will be no shortage of eggs in the coming days either, but domestic production is not yet fully covering the Easter demand – said the vice-president of the Association...
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Hair raising new innovations
We can differentiate between three segments in the hair care category: shampoo, conditioner and treatment. Hair care in general produced a robust, 16.6% value sales growth in 2022. Serum and...
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Instacart starts B2B service
Instacart has launched a B2B service, allowing businesses to place online orders of supplies and food from retailers. The new service is called Instacart Business and it allows businesses to browse...
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Dunnes Stores buys delivery company Buymie
Dublin-based same-day delivery company Buymie has been acquired by Dunnes Stores – according to Business Post. The newspaper says Buymie will continue to operate as an independent entity, with Devan Hughes...
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Tesco opens first GetGo store outside London
In Birmingham Tesco has opened its first non-London GetGo store. Powered by Trigo technology, it is the largest autonomous Tesco store with a floor space above 4,000m². GetGo stores are...
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X5, Yandex Eats and Delivery Club team up
Russia’s X5 group is expanding its partnership with online delivery aggregators Yandex Eats and Delivery Club, to offer food and non-food delivery from the online shop Vprok.ru in Moscow and...
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Russia’s Vkusvill starts Dubai operations
Russian grocery retailer Vkusvill had closed its store in the Netherlands one year ago, but recently it commenced product sales in Dubai via the YallaMarket app, serving the many Russians that...
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Nescafé switches to cheaper and more sustainable packaging
Nescafé Gold Blend and Nescafé Original are now sold in recyclable refill pouches, thanks to which money is saved and less packaging is used. The pack is resealable to help...
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Spain’s DIA joins forces with Pesca España to promote fish consumption
In Spain retailer DIA is cooperating with Pesca España in a project that popularises fish consumption in Spain, aimportant element of a healthy diet. In 2022, the retailer’s fish assortment...
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SPAR opens new stores in Angola
In the past year SPAR opened its first nine SPAR Express stores in Angola. SPAR Angola sells freshly baked bread and pastries made on-site, and a wide range of convenience...
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Sesame seed allergy: the new regulation doesn’t work
In the USA sesame seed has been put on the official list of allergens, which means that it now falls under the scope of strict rules, including labelling and production...
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Auchan: French hypermarkets perform better
Auchan was able to grow again in the French home market for the first time in nine years. In particular the company’s hypermarkets – which have been under pressure for...
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New modules added to the online education platform of Coca-Cola Magyarország
Taxation course material has been added to the free online learning material of Coca-Cola Magyarország, which is called #myfuture. The learning modules were compiled by tax experts, and they cover...
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Food inflation affects bank card spending too
A report by K&H reveals that the more than 40% food inflation has had an influence on bank card spending as well: last December shoppers with a K&H card purchased...
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K&H: more than 250% growth in smart device transactions
K&H’s solutions designed for smart devices produced spectacular growth last year. Customers realised 250% more transactions using the Google Pay, Apple Pay, Garmin Pay and Xiaomi Pay services than in...
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Information on the use of protected geographical indications
Producers who wish to produce and sell a product under geographical indication protection (protected origin) can register with the plant and soil protection department of the regionally competent county government...
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Renewal for ALDI Online
As a reaction to the rapidly growing popularity of online grocery shopping, ALDI and ROKSH have decided to revamp the ALDI Online website. For instance customers can now also communicate...
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A productive and self-sufficient agriculture is needed
The meat industry plays an important role in the Hungarian economy, and the government also pays special attention to the support and development of the sector, said Dr. Márton Nobilis,...
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Prestigious awards for Trade magazin
Trade magazine was showered with awards at the end of January. It was the first time that we participated in the “Széchenyi Enterprise of the Year 2022” contest, and our...
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Wreath-laying at the memorial plaque
Last May the Guild of Hungarian Restaurateurs (MVI) commemorated the birthday of János Gundel at the memorial plaque, which had been erected in June 2016. At the wreath-laying ceremony MVI...
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Alpár Gyopáros: many convenience stores were saved in the Hungarian village program
Since the start of the Hungarian village program, the government has provided more than HUF 1,000 billion in development resources to small settlements in Hungary, mainly from domestic budget resources,...
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Road to zero waste: March 30 is the International World Waste Prevention Day
The United Nations Environment Program (UNEP) has declared March 30 as the International Day for Waste Prevention, which will be held annually from 2023. The Humus Association welcomes the decision...
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New, limited edition flavour from Coca-Cola
This year’s first Coca-Cola Creations campaign combines the musical world of Spanish singer Rosalía and the company’s new soft drink, Coca-Cola Movement, which offers the taste of Coca-Cola Zero Sugar...
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