Market News
Magazine: Face mask: Care that the skin is grateful for
According to Bianka Tóth-Perge, trade marketing manager of L’Oréal Magyarország Kft., last year face mask was the fastest developing segment in the face care category. The face mask trend originates...
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The borders of Hungary are closed, with most shops only open until 3 pm
On Monday, Orbán Viktor’s speech on the agenda began the session of Parliament. The Prime Minister has announced that due to the coronary epidemic, Hungary’s borders will be closed to...
Read moreThe trade association does not support the mayor’s proposal to close the stores
The National Trade Association (OKSZ) does not support the proposal of Mayor Karácsony Gergely about closing certain stores. On Sunday, Karácsony Gergely initiated an initiative for the government to allow...
Read moreÁSZ: we should consider taxing digital commerce
Hungary needs to deal with the taxation of digital commerce – according to a recent analysis by the State Audit Office (ÁSZ), which highlightsthe dilemmas of digital taxation. ÁSZ analysts...
Read moreOpten: epidemic does not affect different sectors of the economy in the same way
The coronavirus will not affect different sectors of the economy in the same way, there will be companies that will not survive, and insolvency will continue to spread to the...
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The Market Hall in Szombathely to be renewed
The plans of the completely renewed Market Hall in Szombathely have been finalized. Construction is about to begin – portfolio.hu wrote after nyugat.hu Preparations have been going on for years...
Read moreConsumer sentiment in the United States decreased less than expected in March
Consumers’ sentiment in the United States in March decreased less than expected, according to a routine monthly survey by the University of Michigan. According to preliminary data released on Friday,...
Read moreRetail sales in China dropped significantly
Industrial production and retail sales in China dropped significantly as a result of the precautionary measures introduced in the first two months of the year as a result of the...
Read moreGerman inflation is on six-month high
Inflation in Germany reached a six-month high in February, according to final data released Friday by the German Federal Bureau of Statistics, Destatis. In February, consumer prices in Germany rose...
Read moreAlmost all shops are closed in Slovakia
The Slovak government has ordered emergency response from hospitals on Monday because of the spread of the new type of coronavirus, which has also decided to close the stores with...
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Magazine: Fresh and creative solutions at the display design contest for students
Essity Hungary Kft. started the Zewa Designer Contest back in 2017, and this year was the first that POPAI Hungary Association – with the sponsorship of Zewa and SPAR –...
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The twilight of selling just products
‘Phygital’ solutions were in the limelight at the EuroShop trade fair 2020 in Düsseldorf: the combination of physical and digital solutions. For five days 2,300 exhibitors from 57 countries were...
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Diageo and Budweiser end cooperation in Ireland
Diageo Ireland and Budweiser Brewing Group UK&Ireland have decided to end their partnership after their contract expires on 30 June 2020. The sales and distribution of Budweiser Brewing Group’s beers...
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Netto’s private label tuna fillet earns MSC certification
Netto’s private label tuna fillet range – sold under the Dreimaster name – has acquired MSC (Marine Stewardship Council) certification. The MSC certification ensures that the product uses tuna from...
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CP Group acquires Tesco stores in Thailand and Malaysia
Tesco sells its Thai and Malaysian businesses to CP Group, a Bangkok-based food, retail and agri conglomerate. The transaction’s value is USD 10.6 billion. Tesco has said that the completion of...
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Russian grocery retailer VkusVill intends to open stores in the Netherlands and France
Rapidly growing Russian supermarket chain VkusVill – with revenues of more than USD 1.3 billion last year – plans to open a store in the Netherlands and in France. VkusVill...
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Waitrose: 24 more stores in the online delivery network
UK retailer Waitrose & Partners intends to add 24 stores to its online delivery service network in the next few months. Presently, customers can ask for home delivery of online orders...
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Campari completes acquisition of French distributor
Italian group Campari has completed the acquisition of Baron Philippe de Rothschild France Distribution S.A.S. From now on the company will be known as Campari France Distribution S.A.S. The EUR...
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Cactus expands private label fairtrade coffee selection
Luxembourg-based retailer Cactus has added five new coffee products to its private label range that is Fairtrade-certified. The new additions that are available in Cactus outlets include espresso, mocca and decaf...
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Impossible Foods cuts wholesale prices by 15 percent
Impossible Foods is slashing wholesale prices on its products by 15 percent on average. The producer of the meatless Impossible Burger told: that the price reduction is thanks to manufacturing...
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Rewe and Penny sell sustainable private label orange juice
Germany’s Rewe Group has completed the transition to sustainably sourced private label orange juice earlier than its 2025 target. All private label orange juices and concentrates sold in about 5,800...
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Tesco opens first cashless store in London
Tesco opened its first cashless store in London at the end of February. Shoppers can turn to staff members for help, but the store only has self-service checkouts. Many think...
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M&S extends test period for refill programme
Marks & Spencer has decided to extend the test period of its refill project, which allows customers to refill food products using their own containers. The retailer revealed: more than...
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Sainsbury’s offers cleaning product refill service
Sainsbury’s has launched a dish washing and laundry detergent refill service. This step forms part of a trial to offer customers an alternative to plastic usage. Sainsbury’s has implemented the...
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Billionaire petrol industry entrepreneurs eye Asda
Asda is reportedly surrounded by petrol station tycoons and private equity houses after US owner Walmart confirmed it was in talks to sell its share last week. Walmart is thought...
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Amazon Go technology made available to third parties
Amazon Go technology made available to third partiesAmazon.com Inc is starting a new business line, selling the technology behind its cashierless convenience stores to other retailers. The world’s biggest online...
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Poland’s Żabka serves meat-free hotdog in its cafés
Polish retailer Żabka has introduced meat-free hot dogs in its Żabka Cafés in all of its stores. The sausages in the hot dogs are made of pea protein, potato protein, spices...
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Ebay UK launches own payment system
Ebay UK has decided to end its relationships with PayPal and launch its own managed payment experience – for both buyers and sellers. The United Kingdom will be the third...
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Morrisons opens 20 new positions in its apprenticeship programme
Morrisons is offering 20 apprenticeships to people older than 16 years, so that they can become fully qualified food maintenance engineers. Food maintenance engineers work across Morrisons’ 18 food making...
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Pepsi’s big shot in the energy drink market
PepsiCo Inc opened a new front in its battle with Coca-Cola Co in the energy drinks market, with a USD 3.85 billion deal to buy Rockstar Energy Beverages. The deal...
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