Market News
Belgian Delhaize stores sell carbon-neutral bananas
Belgian retailer Delhaize has introduced ‘100-percent carbon neutral’ bananas to its product selection. The retailer said that due to reduction and compensation measures along the supply chain, from planting to delivery,...
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Carrefour enters the subscription economy
French supermarket chain Carrefour has expanded further into online groceries by acquiring a subscription box company. Potager City sells fruit and vegetable boxes to customers in 350 towns in France....
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Pen, paper, coffee
US stationery and office supplies retailer Staples ordered 1,145 coffee displays, with which they ensured the attention raising presence of Keurig coffees in 90 percent of the chain’s stores. They...
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Aldi pays higher salaries and recruits 3,800 new workers in the UK
The British arm of German discount supermarket Aldi will recruit more than 3,800 store level positions this year and increase salaries, as part of its plans to hire the best...
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Co-op UK went meat-free in January
Co-op has revealed a new meat-free range just in time for the vegan January (Veganuary). They realised their biggest launch of vegan products with new brand Gro. Made up by...
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Debenhams closes 19 stores
In early January Debenhams revealed the locations of the 19 stores which were shut in the United Kingdom in the same month, resulting in 660 job losses. The department store...
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New retail holiday debuted in January
In the USA the third Saturday in every January – which was on 18 January this year – will be the ‘National Use Your Gift Card Day’ at participating retailers...
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Lidl removes cartoon characters from private label breakfast cereal packaging
Lidl has announced that from spring 2020 it will stop displaying cartoon characters on its private label cereal ranges in the UK, in order to help parents tackle pester power...
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Asda offers one-hour click- and-collect service
Asda has launched a new click-and-collect service that makes it possible for shoppers to pick up their online orders in less than an hour. With Express Click and Collect, shoppers...
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Lactogal: Bio-based packaging for Mimosa milk
Portuguese dairy company Lactogal has introduced Mimosa low fat, skimmed, and whole milk in bio-based packaging in Portugal and Spain. The milk is available in new Tetra Brik Aseptic Edge...
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LDC and Luckin Coffee are to build a coffee roasting plant
Dutch agricultural commodity merchant Louis Dreyfus Company and Chinese coffee firm Luckin Coffee have started building a joint coffee roasting plant in Xiamen, China. The plant – which is located...
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Soups from Waitrose & Partners tell you to ‘Love Your Gut’
British retailer Waitrose & Partners has launched a new range of private label, gut-friendly soups called ‘Love Your Gut’. The range has been developed by nutritionists and offers two SKUs – carrot,...
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Lidl to open another distribution centre in the USA
Lidl is expanding in the south of the USA. The discount grocer announced it will build a USD 100 million regional distribution centre in Covington, Georgia. The 86,000m² facility will...
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ISM: 50 years of sweets
ISM is the biggest annual trade fair for sweets and snacks in the world, which has been organised for 50 years. In 2020 Cologne hosted the event between 2 and...
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Coca-Cola buys dairy product company fairlife LLC
The Coca-Cola Company has announced that it has acquired a 100-percent stake in fairlife LLC, a Chicago-based manufacturer of value-added dairy products. Fairlife LLC started operations in 2012 with a high-protein milkshake,...
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Gruppo Selex invests 330 million euros in its stores in 2020
Italian retailer Gruppo Selex is going to invest EUR 330 million in opening new stores and remodelling existing supermarkets in the country next year. This budget will be used to...
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The 2020 Grüne Woche broke many records
Internationale Grüne Woche took place in Berlin between 17 and 26 January 2020. This year’s trade fair broke many records: on 129,000m² more than 1,800 exhibitors from72 countries showcased their...
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Amazon India enters into partnership with Future Retail
Amazon India is now an official sales channel of Future Retail stores, enabling the latter to reach a wider customer base. Future Retail currently has 1,500 stores, attracting over 350...
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Rema 1000 and Vallø Castle join forces
Norway’s Rema 1000 has announced a partnership with Vallø Castle for sourcing fresh organic eggs. The initiative is part of the retailer’s ’ground-to-table’ strategy that concentrates on offering special, locally produced...
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Lidl launches Ireland’s first 100-percent compostable bag for potatoes
Lidl Ireland has introduced the first fully compostable potato bag in the country, in cooperation with Meade Potato Company. The 2kg packs of Meade White Potatoes feature packaging made from...
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A top feeling
In 2020 economic growth was around 5 percent in Hungary, and this was one of the top growth rates in the EU. For 2020 GKI calculates with a 3-3.5 percent...
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Whole-Foods and Parmigiano Reggiano sign distribution deal
Italy’s Consorzio Parmigiano Reggiano has signed a distribution agreement with Whole Foods Markets, which is valid in the USA, Canada and the UK. The agreement – signed with the USA-based...
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Valio and Stora Enso trial wood-based biocomposite packaging
Valio and Stora Enso are going to distribute 10,000 wood fibre-based reusable lids made from a biocomposite, while encouraging consumers to reduce food waste. The reusable lids will be used...
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Lower wheat prices
In January the United States Department of Agriculture (USDA) published a forecast that says the world’s chicken production will increase by 4.5 percent to 103.5 million tons this year. According...
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Magazine: Modern wine sector management
Members agreed at the November meeting of the National Council of Wine Communities (HNT) that one of their main tasks in the previous four years had been reorganising the public...
Read moreThe foreign trade surplus last year was almost 5 billion euros
The value of exports in euro terms increased by 4.0 percent and imports rose 4.8 percent in 2019, and the foreign trade surplus fell by 4.985 billion euros to 535...
Read moreNAV found 27 million HUF worth tax-free cigarettes on the M3 motorway
About 27 million HUF worth tax-free cigarettes were found in a truck on the M3 motorway – the National Tax and Customs Administration (NAV) told MTI on Friday. According to...
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Allen & Overy: a decline in international mergers and acquisitions rates last year
The global Mergers and Acquisitions (M&A) market has seen a decline in international transactions, with investors focusing primarily on their own markets last year – the Hungarian partner of Allen...
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FAO: Food Price Index eases in October as dairy prices decline
Global food prices dipped in October, led lower by dairy products, averaging 27 percent below its all-time high reached in early 2011. The FAO Food Price Index averaged 176.4 points...
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