Market News
Sainsbury’s to spend 50 million pounds on cutting prices
Sainsbury’s plans to invest about GBP 50 million in cutting the prices of 60 popular products (fresh produce, meat and milk). The cheaper prices – which according to Sainsbury’s could...
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Kaufland launches private label called K-Wertschätze
German retailer Kaufland has launched a new private label range called K-Wertschätze, which concentrates on high animal welfare standards. The brand highlights the retailer’s commitment to improving the living condition...
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Efficiency, scent and something extra
In 2020 the value of the laundry detergent market increased by 2.5 percent, which was much less than the +7.2 percent in 2019; volume sales stagnated last year – informed...
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Paymenttools: A new payment technology unit by REWE Group
Germany’s REWE Group has announced: they are going to launch paymenttools.com, a payment technology subsidiary to drive the group’s digital business. Based in Cologne, the company will develop a B2B payment...
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La Molisana introduces recyclable packaging
Italian pasta maker La Molisana has introduced new recyclable paper packaging, sourced from responsibly managed and FSC certified forests. This move will help the company to reduce plastic production considerably,...
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Asda starts one-hour express delivery service
In the United Kingdom grocery retailer Asda has recently launched an online service for delivery in an hour. The grocer’s new express delivery service will offer its full online range...
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Island’s Edge: A new stout from Heineken
Heineken’s new stout Island’s Edge targets consumers aged between 28 and 35 years. Heineken Ireland launched the new beer, following a two year development process – this involved collaboration with...
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Coop to introduce stricter sustainably standards for fresh meat in the Netherlands
Coop Netherlands has committed to only purchasing fresh meat with minimum one star in the ‘Beter Leven’ quality certification within 2 years. This step is one of the retailer’s attempts...
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Coop Sweden gives origin label to oat drinks
Coop Sweden introduced oat drinks to its private label range in 2009. This year manufacturing moved from Germany to Sweden, plus the ingredients used are also 100-percent domestic. This is...
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Portugal bans single-use plastics as of July
Single-use plastics are banned in Portugal after a European directive enters into force on 1 July 2021. The Portuguese government had wanted to implement the measure last year, but the...
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The rise in agricultural purchase prices accelerated further in June
In June, the average purchase price of agricultural products was 20.5 percent higher than a year before, which is an increase of 3.1 percentage points from 17.4 percent a month...
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The first phase of the Magyartarka Genome Project has been completed
The Ministry of Agriculture will support the development of a more competitive breeding herd of Hungarian breeds with an even higher genetic value with 150 million HUF, Minister Nagy István...
Read moreNébih found marking and tracing errors on cherry beers
The National Food Chain Safety Office (Nébih) examined sour cherry beers. Everything was OK in terms of laboratory, food safety and quality, but four products were subject to food control...
Read moreLivestock farms are developing with nearly 300 billion HUF in support
So far, 621 winning applications for the development of livestock farms have received 290.5 billion HUF in support nationwide, said the Parliamentary State Secretary of the Ministry of Agriculture in...
Read moreGfK’s German consumer sentiment index deteriorated more than expected by September
GfK’s German consumer sentiment index deteriorated more than expected in September. According to a report by the Institute for Economic Research published on Thursday, the consumer sentiment index fell to...
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A bear stole an Amazon shipment
It is a common crime in the United States to steal delivered packages from residents ’homes, Origo wrote. Usually people are the perpetrators, but this time it seems a hairy...
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39 per cent of workers expect at least an annual bonus equivalent to their monthly salary
44% of employees receive some kind of bonus, reward, commission in addition to their salary, the rate of which in most cases (62%) is made dependent on their performance by...
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3 tips for a more sustainable diet
While it is convenient to point the finger at the private jets of the richest or the giant cargo liners to say that there is nothing we can do for...
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Procter & Gamble experiments with paper bottle
Procter & Gamble has debuted with its first paper bottle for Lenor in cooperation with paper bottle company Paboco, and announced a test period for Western Europe in 2022. P&G’s...
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Morrisons plans to open cashierless stores
Morrisons wishes to compete with Amazon Fresh stores by testing cashierless store technology. The retailer is working with US technology company AiFi, which uses cameras to track the objects customers...
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REWE launches new meat product with 50-percent vegetable content
Germany’s REWE Group has launched classic meat products made of 50 percent vegetables, under the brand name ‘Better Half’. At the beginning the retailer will be offering two products – minced...
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Nestlé Waters to concentrate on local solutions
Nestlé Waters is to step up efforts to manage water sustainably and to identify and support local solutions. The company will help regenerate the ecosystems in the areas around each of Nestlé...
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SPAR Austria rolls out organic baby food range
SPAR Austria has launched a new range of organic baby food suitable for infants aged between 5 and 12 months. The product range is completely organic and the ingredients are...
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Müller enters the kefir category
Müller is about to shake up the flavoured dairy product market with its first ever kefir product, Müller Kefir Smoothie. Kefir sales are growing by 24 percent in the United...
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Location-based marketing: Thoughts on geofencing
The COVID-19 pandemic has changed consumption habits and made the online world – and online marketing – more important. One of the latest tools is geofencing, which in the retail...
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Hungary’s first smart mall to open in September
Hungary’s first smart mall is waiting for shoppers with never before seen smart solutions from this September. Etele Plaza’s smartphone app can guide customers to the mall from their homes,...
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Young consumers: Digital and physical go hand in hand
In July Mastercard published the results of its Gen Z (18-24 years old consumers) survey that covered the countries of Central and Eastern Europe. This reveals that young consumers are...
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Danone introduces Nutri-Score in Hungary too
Supporting shoppers in making conscious consumption decisions, from July the packaging of Danone Krémtúró cottage cheese cream products feature Nutri-Score nutrition information. WHO, BEUC and the EU all recommend the...
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Confectionery industry reacts to challenges with innovating
Innovation work didn’t stop during the pandemic period either, on the contrary, it gained momentum – it was revealed at a press event of the Association of Hungarian Confectionery Manufacturers...
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