Market News
Hungary’s digital payment index is above average
Mastercard measured the Digital Payment Index of Hungary for the second time this year. The Index relying on three pillars that are infrastructure, knowledge and use, shows the market’s level...
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Explosive growth in the online drugstore segment
According to Rossmann and data-driven logistics specialist DODO, the popularity of online order and home delivery solutions is growing dynamically. They also revealed that Monday is the most popular home...
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One week in the spirit of retail marketing
This year’s Shop! Ideation will take place in Columbus (Ohio) in the USA, on 23-25 October. The topics of the conference include retail and POS marketing, cooperation, training and networking,...
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Péter Balázs: „It is great that Hungary and Hungarian mentality in general is very open”
Trade magazin’s Business Podcast, Future Talks with Szilvia Krizsó continues The latest episode of Future Talks features Péter Balázs, former Minister of Foreign Affairs, who was the guest of Szilvia...
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Food buying habits of Hungarians
Rama has conducted a nationwide representative survey on the food buying habits of Hungarians. 58% of respondents claimed that price is one of the top 3 most important factors influencing...
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Many switch brands to cut costs
EY’s latest international survey involving 18,000 respondents has found that eight from ten consumers worldwide are concerned about their finances. Every second respondent tries to cut costs by downtrading, and...
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FMCG retail trade declined in July
According to the raw data of the Central Statistical Office (KSH), the volume of retail trade in July 2022 exceeded that in July 2021 by 3.8%. The data adjusted for...
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Inflation of food prices over 30% in August
Food prices in August 2022 exceeded by 15.6% on average the prices recorded in August 2021. In the past one year, food and consumer durables incurred the highest price increase...
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A rally that is about cooperation – for the 16th time
Just like last year, the Coca-Cola HBC Magyarország Kft. team won the Coop Rally. On 7-8 September the driver teams visited locations in Heves, Borsod-Abaúj-Zemplén, Hajdú-Bihar and Szabolcs-Szatmár-Bereg counties. The...
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GKI’s economic sentiment index hardly changed in September
August was the fourth consecutive month when business and consumer expectations were worsening. This trend continued for consumer expectations in September, but business expectations improved a little. GKI Economic Research’s...
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Raw milk’s price up by two-thirds in a year
According to AKI PÁIR, the national average producer price of raw milk in Hungary was HUF 181.71 per kilogram in August 2022 In addition to the improvement in the protein...
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Naturaqua factory in Zalaszentgrót celebrates 20 years
Coca-Cola HBC Magyarország started building its bottling plant in Zalaszentgrót in 2002, from a budget of more than HUF 2bn. The mineral content of the water, which springs to the...
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Future Trade conference 2022: Which way to go, e-commerce?
In May the second Future Trade conference was organised in Budapest. Participants discussed the latest trends, solutions and technologies that online retailers can use to stay in the game. The...
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TreeHouse Foods to sell part of its “meal prep” business
TreeHouse Foods Inc said it would sell a large part of its meal preparation division to an investment firm for USD 950m, because it wishes to focus more on its...
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Coop Norway introduces price ceiling on some FMCG products
Coop Norway is introducing a price cap on 200 everyday products for the remainder of the year, because high inflation affects the spending power of consumers. The price ceiling is...
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Premier Foods launches new campaign to fight food waste
Premier Foods has started a new campaign to help consumers transform their leftover food and ingredients, turning them into filling meals. Premier Foods – one of the UK’s largest food...
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Iceland partners with Del Monte to support NHS programme
Iceland has partnered with fruit and vegetable supplier Del Monte to promote the Healthy Start scheme of the National Health Service (NHS), which was established in autumn 2021 to help...
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Albert Heijn’s new food waste prevention programme
Dutch retailer Albert Heijn expects to save 4.5 million kilograms of food by launching a new in-store food waste prevention programme, called AH Overblijver. This features products with an approaching expiration...
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Cactus switches to more sustainable communication
Luxemburg-based retailer Cactus has announced a new, more sustainable marketing and communications strategy. From 1 September the new strategy will see the retailer announce more promotions through the Cactus app,...
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Shopify rolls out a new POS hardware
In an effort to take on PayPal and Square’s solutions on its mission to elbow into the bricks-and-mortar retail sector, Shopify has unveiled a new point-of-sale (PoS) technology. The new...
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Italian chocolate brand Pernigotti ends up at JP Morgan
Italian chocolate brand Pernigotti has been acquired by JP Morgan Asset Management, for an undisclosed sum. It was in 2018 that Pernigotti decided to cease production in its factory, which...
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Gorillas adds new private label products
In an attempt to become more profitable, quick commerce giant Gorilla has announced the expansion of its Gorillas Premium and Gorillas Daily private label ranges, The launch of the two...
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Carrefour stores sell vegetable-based beer in Poland
Carrefour Polska has launched a vegetable beer range in Poland, which it claims is a first of its kind in the country. Sourced from Nook Brewery, the vegan beer is...
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Nestlé: Vegan KitKat becomes available across Europe
Nestlé plans to introduce the vegan version of KitKat across Europe, following a successful pilot in the UK and some other countries. KitKat V is made in Hamburg and it...
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These changes are needed in retail to succeed
In one of Deloitte’s latest studies on the prospects of the retail sector, published in 2022, the authors analyze the opportunities and challenges facing the industry based on various international...
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Morrisons launches planet-friendly eggs
Morrisons is the first supermarket to launch a line of carbon-neutral eggs, as part of the retailer’s pledge to be directly supplied by zero emission British farms by 2030. The...
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The amount of salt and sugar in LIDL products continues to decrease
As a responsible company, Lidl Hungary is committed to promoting healthy nutrition, as evidenced by its commitment in 2019, according to which it will reduce the added salt and sugar...
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The effects of climate change are unquestionable
According to the monthly tracking research What Worries the World by Ipsos, only 10% of Hungarians were of the opinion in the last six months that climate change was one...
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With its new campaign, Nespresso protects coffee from the effects of climate change
In The Empty cup campaign starring George Clooney, Nespresso highlights the risk climate change poses to coffee-growing communities and reaffirms the brand’s long-term commitment to preserving the world’s best coffees...
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KSH: in July, the shortfall in foreign trade was 1.3 billion euros
In July, the value of exports expressed in euros increased by 12.8 percent and imports by 24.1 percent compared to a year earlier, the deficit increased by 1.123 billion euros...
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