Market News
Macai is the name of Italy’s new online supermarket
Date: 2020-05-15 15:05:27
A new independent online supermarket called Macai has opened in Italy. Customers can place a minimum order that is worth EUR 70 and they need to pay an additional shipping...
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Walmart: Artificial intelligence assists shoppers in China
Date: 2020-05-15 15:01:39
Walmart China installed self-service smart scales from Malong Technologies in 100 stores. Malong participates in Omega 8, a communication platform designed to connect Walmart and innovative technology companies to develop...
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KKR acquires majority share in Coty’s beauty and hair care business line
Date: 2020-05-15 14:56:07
Cosmetics company Coty Inc has said yes to selling a majority share in its beauty and retail hair businesses – including the Wella and Clairol brands – to KKR. The deal’s value was...
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Cautious expansion
Date: 2020-05-15 14:53:20
Aldi Süd continues implementing its long-term expansion plans in China. More than 250 employees are working for Aldi China at the moment. The discounter currently operates 7 neighbourhood markets in...
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The number of stores continued to decline in 2019
Date: 2020-05-15 14:51:49
The number of stores has decreased by 25,000 in ten years and by 2,000 in one year, according to the latest statistics. Now we can only go to 127 thousand...
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Digimeter measures the digital maturity of companies
Date: 2020-05-15 14:50:53
Virgo group member SmartCommerce Consulting, together with Reacty Digital and Cégjelző have started the Digimeter service, a system that measures the digital maturity and development level of companies, and defines...
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Nestlé makes customisable superfood drink with nesQino
Date: 2020-05-15 14:44:59
Nestlé has launched nesQino in China: the new product allows consumers to prepare personalised, healthy superfood drinks. It comprises a silent, digitally connected Q-cup machine, superfood sachets and three base...
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Morrisons supports farmers
Date: 2020-05-15 14:40:47
In the UK Morrisons has started selling restaurant-quality meat for half price in its new summer steak and seafood bars, aiming to support farmers during the coronavirus pandemic. The retailer...
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Aldi advertises leisure wear collection with Lukas Podolski
Date: 2020-05-15 14:34:01
Aldi Nord and Aldi Süd are introducing an exclusive leisurewear line for men and children, in collaboration with world champion footballer Lukas Podolski. The collection is called 10LP and it has been...
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Imperial Brands to sell premium cigar business for 1.23 billion euros
Date: 2020-05-15 14:33:55
Tobacco company Imperial Brands is selling its premium cigar business for EUR 1.23 billion to a group of private investors. The Winston and Gauloises Blondes cigarette maker told: the sale...
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Uber Eats leaves seven markets
Date: 2020-05-15 14:30:28
Eats is pulling out of the following markets: Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Uruguay and Ukraine. The company is also transferring its Uber Eats business operations in the...
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Russian discounter Mere continues expansion
Date: 2020-05-15 14:27:45
Russian hard discounter Mere has opened a new store in Germany and is ready to expand into more markets in Europe. In its home country, the retailer has made it...
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Kaufland launches insect-based food items in Croatia
Date: 2020-05-15 14:16:36
Kaufland has rolled out insect-based products in Croatia. The product selection includes crispy crickets with spices or natural flavours, burgers made of cricket flour, protein cookies from bugs in almond,...
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1,700 Kroger stores start selling Impossible Burger
Date: 2020-05-15 14:10:27
Plant-based food company Impossible Foods is speeding up its retail expansion with the rollout of its flagship Impossible Burger in more than 1,700 Kroger grocery stores. The company’s plant-based meat...
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Waitrose to double online capacity with new fulfilment centre
Date: 2020-05-15 14:08:22
On 7 May Waitrose opened a 6-acre customer fulfilment centre in London in a bid to double its online grocery orders by September. The centre created 370 jobs, which will...
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Albert Heijn to sell milk from climate-neutral farms from 2021
Date: 2020-05-15 14:03:10
Dutch retailer Albert Heijn has announced plans to start selling milk from farms that have neutralised their greenhouse gas emissions by 2021. The retailer has also extended its collaboration with Royal A-ware...
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Tesco makes first wave of 45,000 temporary workers redundant
Date: 2020-05-15 14:02:59
Tesco has begun laying off the first wave of the 45,000 temporary workers it had recruited at the height of the coronavirus pandemic. In one store 80 percent of the...
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Facebook Shops launched
Date: 2020-05-15 13:54:42
Facebook has launched its Facebook Shops service, which small businesses can use to start an online shop that users can reach from both Facebook and Instagram. Depending on the size...
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Closely watched online shops
Date: 2020-05-15 13:54:09
On 4 May Ecommerce Hungary organised a one-hour online discussion about fair market conduct and inspections by the authorities in online retail. The experts invited were Máté Siklósi, who operates...
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Lidl’s highly successful debut on TikTok
Date: 2020-05-15 13:49:54
Lidl Germany made a superb debut on TikTok on 27 April, with more than 36 million views for its #movelikelidl challenge on its first day! With its presence on TikTok...
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Takeaway.com gets the green ight: They can buy Just Eat
Date: 2020-05-15 13:49:34
Britain’s competition regulator approved of online food delivery company Takeaway.com’s takeover of Just Eat, saying the USD 7.7-billion deal would not reduce competition. Amsterdam-seated Takeaway.com beat tech investment firm Prosus...
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Almost 8 from 10 people choose contactless payment
Date: 2020-05-15 13:49:30
According to a recent global consumer survey – conducted by Mastercard in 19 countries in the first quarter of 2020 – 79 percent of shoppers choose contactless payment; the main...
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Online sales are thriving
Date: 2020-05-15 13:44:14
Because of the extraordinary situation, for the first time Ecommerce Hungary organised its professional meetup on an online platform. The topic was the relationship between the global pandemic and e-commerce....
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Starbucks-Sequoia cooperation to make tech investments in China
Date: 2020-05-15 13:42:21
Starbucks has started a partnership with venture capital firm Sequoia Capital China to invest in technology businesses in the world’s second-largest economy. The coffee chain told that along with investments,...
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Uber joins the Woolworths home delivery network
Date: 2020-05-15 13:29:32
Uber grocery delivery at Woolworths will start in cities across Australia. Orders can be placed via Woolworths’ website or smartphone app, and the supermarket’s personal shoppers will handpick the items...
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Auchan opts for instant green solutions
Date: 2020-05-15 13:15:56
In April 2020 Auchan Magyarország started phasing out single-use plastics from its product selection. From April the retailer is replacing plastic plates, drinking straws and cotton buds with eco-friendly alternatives...
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School bags for children in need
Date: 2020-05-15 13:00:08
Courtesy of SIÓ-Eckes Kft., this year approximately 1,000 socially disadvantaged but diligent 6-10 year old pupils will get a new school bag and quality school supplies. SIÓ-Eckes Kft. and the...
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Nébih’s Viber campaign starts with stickers
Date: 2020-05-15 12:33:27
A world-debut from the National Food Chain Safety Office (NÉBIH): the food safety authority can now be found on Viber. The 4-month campaign – which includes a game and free...
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KSH: the Hungarian economy expanded in the first quarter
Date: 2020-05-15 11:45:58
According to raw data, Hungary’s gross domestic product (GDP) grew by 2.2 percent according to the raw data, while the seasonal and calendar-effect adjusted balanced data shows a 2.0 percent...
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Minister of Agriculture: the impact of the crisis on the Hungarian food economy
Date: 2020-05-15 11:40:39
The role of safe food supply has increased, and the emergency situation is also strengthening consumer awareness. According to Dr. Nagy István, Minister of Agriculture that is why it is...
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