Market News
AM: one can apply for support for small farms again
Date: 2021-06-04 11:22:27
Between 3 June 2021 and 17 June 2021, small farms again had the opportunity to submit their support applications. The Ministry of Agriculture is once again encouraging those concerned to...
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Retail sales in the euro area declined more than expected
Date: 2021-06-04 11:03:34
Retail sales in the euro area decreased more than expected by analysts in April compared with March. The European Union’s statistical office, Eurostat, said on Friday that retail sales fell...
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Promotion war against Amazon
Date: 2021-06-04 11:02:53
Target and Walmart are facing Amazon head-on, announcing longer sales events that both start on June 20 — a day earlier than Prime Day. Shoppers will benefit for sure. Last year,...
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That’s the way Hungarians are planning their holiday
Date: 2021-06-04 10:14:39
As the weather warms, the epidemic becomes more and more topical: what about this year’s holiday? And if we decided to go on vacation, where do we go? Should we...
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ISO 9001 certification for Contronics dry misting technology
Date: 2021-06-03 16:05:08
By providing the whole fresh food supply chain with dry mist, Contronics makes it possible to store, transport and sell fruits and vegetables without any harm to their quality. With...
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Asda’s closing of in-store bakeries can result in 1,200 fewer jobs
Date: 2021-06-03 16:02:25
Asda is in negotiations with its 1,200 in-store bakery workers about the closure of these units and the step’s possible effects. Asda’s plan is to keep employing these people, but...
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Waitrose’s organic wine Duchy Organic debuts with box packaging
Date: 2021-06-03 15:42:08
Waitrose & Partners is coming out with its first box-packaged wine in the Duchy Organic product range: a 2.25-litre Pinot Grigio from Puglia, Italy. It was more than 10 years...
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Russia’s Yandex to start grocery delivery in Paris and London
Date: 2021-06-03 15:38:15
Russian company Yandex plans to launch a grocery delivery service in Paris in the 2nd quarter and in London in the 3rd quarter. Yandex.Lavka started in Russia in 2019 and...
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Salov’s cooking oils marketed in rPET bottles
Date: 2021-06-03 15:34:42
Italian cooking oil company Salov is well-known in Hungary for its Filippo Berio brand. The company has switched to rPET bottles for marketing its Sagra brand: the company now puts...
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Amazon Fresh opens third UK store in White City
Date: 2021-06-03 14:26:14
In the United Kingdom Amazon Fresh opened its third store in White City. Just like the other two stores, the new 230m² Amazon Fresh utilises the ‘Just Walk Out’ technology....
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Pepsi MAX rolls out caffeine-free cola
Date: 2021-06-03 14:20:43
The latest product in the Pepsi MAX range is Pepsi MAX No Caffeine. This sugar- and caffeine-free cola is available in various formats. According to a Nielsen study, sales in...
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Edeka puts vegan product range on the market
Date: 2021-06-03 14:20:40
German retailer Edeka added a vegan product selection to its ‘vehappy’ brand in April. Seven plant-based dairy alternatives were launched first (oat, almond and soy milk and soygurt). Later the...
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PepsiCo expects higher sales with the reopening of restaurants
Date: 2021-06-03 14:17:13
As the vaccination process is speeding up and restaurants are gradually reopening, PepsiCo Inc hopes that organic sales will grow in the 2nd quarter of the year. Certain product categories...
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L’Oréal: Sales improve with help from China
Date: 2021-06-03 14:09:35
Sales by L’Oréal kept growing in the 1st quarter of the year, driven by a robust growth in China. It had a positive impact on the French group’s performance that...
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Delhaize Belgium stores are now carbon dioxide neutral
Date: 2021-06-03 14:07:24
Delhaize Belgium has announced that all 763 stores in the country achieved carbon dioxide neutrality. It took more than 10 years for the retailer to cut the carbon dioxide emission...
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Heineken to become carbon neutral by 2040
Date: 2021-06-03 13:51:48
Heineken wants to be the first carbon neutral brewery by 2040. The beer company will cooperate with its supplier partners to reduce emissions by 30 percent across the whole supply...
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Migros puts Nutri-Score labels on private label food products
Date: 2021-06-03 13:47:15
Swiss retailer Migros will indicate Nutri-Score data too on its private label food products. The colour code system makes the daily shopping simpler for consumers, as the nutritional values of...
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Spar expands in Poland by mixing various store formats
Date: 2021-06-03 13:43:56
SPAR’s strategy of operating the chain’s own and independent retailer run stores is the driving force of the company’s Polish expansion. SPAR has recently opened 500m² floor space new stores...
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JBS teams up with Vivera in the plant-based food segment
Date: 2021-06-03 13:38:14
Brazilian food giant JBS bought Europe’s third biggest plant-based meat alternative producer, the Vivera Group for USD 341 million. Three production facilities and an R&D centre located in the Netherlands...
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Lekkerland tests self-checkout kiosks
Date: 2021-06-03 13:35:22
Convenience product wholesaler Lekkerland runs a pilot project with hospital operator Sana Kliniken to test self-checkout kiosks. These make it possible for shoppers to buy snacks, drinks and non-food products...
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Intermarché and Casino announce 5-year strategic partnership
Date: 2021-06-03 13:22:42
In the next 5 years Intermarché and Casino Group will engage in a strategic partnership, primarily in the fields of purchasing, digital marketing, advertising services and the food industry. Within...
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Lidl online’s launch is the most anticipated
Date: 2021-06-03 13:15:17
According to Reacty Digital’s annual e-commerce survey, 39 percent of Hungarian consumers bought fashion items online last year and 38 percent purchased small and large household appliances. One third of...
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Consumers older than 50 years are also online shoppers now
Date: 2021-06-03 13:12:52
E-commerce is booming and this won’t change after the pandemic either. A Payment Experience Report (www.fizetesielmeny.hu) commissioned by Mastercard has revealed that 6 from 100 Hungarians order online minimum once...
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FAO: Global food prices rise at rapid pace in May
Date: 2021-06-03 11:45:53
Global food prices rose in May at their fastest monthly rate in more than a decade, even as world cereal production is on course to reach a new record high,...
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HELL unveils summer limited edition series
Date: 2021-06-03 11:27:35
At the end of April two intense summer flavours, the limited edition versions of HELL SUMMER COOL energy drink were launched: HELL BEACH PINK in melon flavour and HELL BEACH...
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Digital and sustainability investments have the potential to create millions of jobs in Europe by 2030
Date: 2021-06-03 11:20:54
Rapid investment in digital technology and sustainability could create up to 5.7 million new jobs in Europe by 2030, according to a joint research by Accenture, a global service provider,...
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The FMCG retailer ranking for 2020 is out – Lidl has reached the No.1 spot!
Date: 2021-06-03 11:19:38
There is always a reason why it is worth waiting for Trade magazin’s FMCG retailer ranking every year, sometimes one or two surprises are revealed, while at other times a...
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Hungarian Marketing Association starts special award programme
Date: 2021-06-03 11:17:53
The Hungarian Marketing Association (MMSZ) has launched the Marketing Talent Award programme, with HEINEKEN Hungária Zrt. and Magyar Telekom Nyrt. as co-founders and Provident Pénzügyi Zrt. as the main sponsor....
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Me@Walmart workplace app and smartphones
Date: 2021-06-03 10:48:02
Walmart announced on 3rd June that it’s launching Me@Walmart, a new workplace app that allows associates to schedule shifts, clock in, troubleshoot daily tasks and, eventually, replenish products more efficiently. In a blog...
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GVH and Nébih strengthen ties
Date: 2021-06-03 10:45:40
The Hungarian Competition Authority (GVH) and the National Food Chain Safety Office (Nébih) have signed a partnership agreement. These two organisations primarily need to work together in protecting agricultural and...
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