Food-retailing grew by four percent both in value and volume
Food retail trade achieved a turnover of around 1,540 billion HUF between December 2014, and November 2015 in the ninety product categories measured by Nielsen; 4 percent more than during the same period of the previous year. In terms of volume retail sales rose by 4 percent – the Retail Index of the Nielsen consumer information and knowledge services company reveals among others.
“Turnover previously concentrated towards the stores with high sales space, while this process has stopped in recent years. The market share of stores larger than 400 square meters is still 66 percent as in the previous year “- Szűcs-Villányi Ágnes, department head of Nielsen said.
(source: Nielsen)
Related news
KSH: retail turnover increased by 4.1 percent in August compared to the same period of the previous year
According to the raw data, the volume of retail sales…
Read more >NGM: consumption expansion has been unbroken for the sixth month, with another significant increase in retail sales in June
Based on the latest data from the Central Statistical Office,…
Read more >The Costa Art & Craft competition is starting!
A good coffee can do wonders – it refreshes, inspires…
Read more >Related news
Extraordinary consumer protection inspections are being launched at food courier companies
The Ministry of National Economy, which is responsible for consumer…
Read more >Omnichannel Scale 2024: How can Hungarian retailers remain competitive?
The Omnichannel Scale 2024 study gives a comprehensive overview of…
Read more >Hungarian AI software rewrites the international business world in hospitality
AI-powered Everguest Intelligence offers a complete solution for the everyday…
Read more >