Market News
New beauty concept by Carrefour
Date: 2019-10-20 13:43:12
Carrefour has opened the first in its new chain of beauty stores, Sources. The new store is located in Le Marais, Paris. To support the new concept, the retailer has...
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Walmart’s Sam’s Club offers healthcare services
Date: 2019-10-20 13:43:10
The Sam’s Club business line of Walmart has teamed up with Huma and 98point6 to launch the ‘Care Accelerator’ programme, which offers a series of healthcare plans to members. The...
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Walgreens starts on-demand delivery service
Date: 2019-10-20 13:43:07
Walgreens has joined forces with delivery company Postmates, to launch a new on-demand delivery service to shoppers in New York. Orders can be placed via the Postmates website or mobile...
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FrieslandCampina and United Dairymen of Arizona enter into partnership
Date: 2019-10-20 13:33:54
FrieslandCampina has announced a partnership with American dairy cooperative United Dairymen of Arizona (UDA). With this step the objective is to increase the production of lactoferrin, a special ingredient required...
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Edeka’s first organic supermarket opens in Hamburg
Date: 2019-10-20 13:33:37
German retailer Edeka has launched its first organic supermarket in Hamburg-Altona, under the name Naturkind. The supermarket offers a selection of fresh regional and seasonal organic food items. The store...
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Spar opens its 150th Express store in Utrecht
Date: 2019-10-20 13:33:33
Spar Netherlands has opened its 150th Express store in Eemnes, in the province of Utrecht. The new store caters to the immediate or daily shopping needs of modern consumers in...
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Lidl launches online shopping in Slovakia
Date: 2019-10-20 13:28:15
Slovakia has become the latest country where Lidl has launched an online store, but currently the site is non-food only. Lidl has been continuously accelerating its e-commerce developments. Since the...
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Aldi plans to expand in Italy and Switzerland
Date: 2019-10-20 13:23:56
Until 2020 Aldi Süd plans to open 80 new stores in Italy, 600-800m² shops with dedicated sections for fruit and vegetable, wine, food and baked goods. In Switzerland the retailer...
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Italy’s illycaffè wants to conquer the USA
Date: 2019-10-20 12:58:02
Illycaffè currently operates 23 units in North America and in the next 5 years they intend to open 200 new cafés in the USA. For illycaffè the US market accounts...
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Kroger opens its first ‘food hall’ concept store
Date: 2019-10-20 12:58:00
Kroger has opened a 4,800m² store in the centre of Cincinnati, which features a 650m² dedicated food hall on the 2nd floor, seating up to 200 guests. By offering a...
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Tesco tests checkout-free shopping
Date: 2019-10-20 12:56:07
Tesco has invested in Trigo Vision a checkout-free start-up company, to test cashierless technology at its Tesco Express store. Trigo Vision’s technology will make it possible for Tesco app users to...
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Green light for the merger of Extreme Digital and eMAG
Date: 2019-10-20 12:52:55
On 17 October 2019 the Hungarian Competition Authority (GVH) approved of the merger of Extreme Digital Zrt. and eMAG (the Hungarian affiliate of eMAG that forms part of the South...
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Everything, no matter from where
Date: 2019-10-20 12:46:29
On 14 October Ecommerce Hungary organised a conference on mobile apps. Because of the digitalisation and mobile first trends, today’s shopping habits are characterised by the ‘buying everything, no matter...
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E-commerce is growing fast
Date: 2019-10-20 12:39:52
GfK has done a major online survey on the digital consumption habits of Hungarians in 2019. The answers given in the 1,500-respodent study have revealed that the number of regular...
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Hungarian businesses have discovered online marketplaces
Date: 2019-10-20 12:33:25
GKI Digital’s estimation is that there are more than 4,500 enterprises in Hungary (mainly SMEs) that have some kind of connection with selling at online marketplaces. Net sales by these...
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Magyarvíz takes steps to protect the environment
Date: 2019-10-20 12:04:39
Lajosmizse-based Magyarvíz Kft. is one of the biggest players in the Hungarian mineral water market. The company has reduced the weight of PET bottles, so in comparison with 2017, 10-12...
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Smart malls are coming
Date: 2019-10-20 11:55:43
Between 2019 and 2020 about 4.4 million square metres of new mall floor space will be created in Central and Eastern Europe, which will answer the challenges of retail in...
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Consumers show interest in small neighbourhood shops
Date: 2019-10-20 11:48:36
A survey by Miutcánk – done with 850 internet users in early October in connection with the #ibuyitlocally campaign – points out that the majority of consumers, 95 percent like...
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GKI’s business confidence index hits a nadir
Date: 2019-10-20 11:40:41
In October the GKI business confidence index decreased less than the margin of error, still it hit an almost 3-year nadir. Business expectations have been worsening since the beginning of...
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Coca-Cola plans to use bottles made of paper and waste collected from the seas
Date: 2019-10-20 11:37:18
As part of the World Without Waste initiative that the company announced last year, Coca-Cola has teamed up with Danish paper bottle start-up Paboco. Paboco’s goal is to be the...
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More expensive oilseeds
Date: 2019-10-20 11:30:43
According to data from the National Agricultural Research and Innovation Centre (NAIK), the average production price of raw milk was HUF 100.48/kg in Hungary in September 2019. The export price...
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Deufol builds factory in Debrecen with 1.4-billion-forint state funding
Date: 2019-10-20 11:28:35
German company Deufol is building one of Europe’s most modern packaging and logistics plants in Debrecen, from a budget of HUF 7 billion. The company has 90 premises in 11...
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South Korea’s favourite soft drink now sold in Hungarian shops too
Date: 2019-10-20 11:25:03
Milk-based carbonated soft drink Milkis was launched 30 years ago. The South Korean product is already very popular in Russia, and now it can also be found on the shelves...
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Aldi bans plastic shopping bags
Date: 2019-10-20 11:01:41
ALDI Hungary has banned plastic shopping bags, in the future biodegradable plastic bags, paper bags and multi-use shopping bags will be available to customers in ALDI stores. At the same...
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Investments for the community rewarded in four categories
Date: 2019-10-20 11:01:39
Effekteam has honoured what companies do for the environment or the community in four categories. Winners from the FMCG sector: Tesco-Global Áruházak Zrt. won with its food saving programme –...
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Confectionery association asks for support for SMEs
Date: 2019-10-20 10:50:00
The Association of Hungarian Confectionery Manufacturers has published a press release, which says that the Hungarian confectionery sector can only remain competitive and maintain its export performance if SMEs are...
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Life is fantastic without plastic!
Date: 2019-10-20 10:02:01
SPAR’s long-term objective is to stop using materials in the packaging of private label products that are difficult to recycle, and to only utilise just as much packaging material that...
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AM: The government is committed to safeguarding agricultural subsidies
Date: 2019-10-18 11:28:09
The Hungarian government is committed to maintaining EU subsidies for agriculture and transitional national subsidies after 2020 – the Deputy Minister of State said at the Jubilee Conference of the...
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ITM: the Hungarian multi-program encourages the most promising domestic SMEs
Date: 2019-10-18 11:25:08
The most promising small and medium-sized enterprises (SMEs) will be encouraged by the Hungarian multi-program, which will receive more than 13 billion HUF non-refundable grants in the third part of...
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The Kossuth Prize winning Csík Zenekar is campaigning for food safety
Date: 2019-10-18 11:22:17
The Kossuth Prize winning Csík Zenekar is campaigning for food safety The members of the Kossuth Prize-winning Csík Zenekar. Vecsei H. Miklós, actor of Vígszínház, Grecsó Krisztián writer, poet and...
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